GoalVest Advisory LLC Raises Stock Position in Alerian MLP ETF (NYSEARCA:AMLP)

GoalVest Advisory LLC lifted its holdings in shares of Alerian MLP ETF (NYSEARCA:AMLP) by 1.1% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The firm owned 24,714 shares of the exchange traded fund’s stock after buying an additional 271 shares during the period. GoalVest Advisory LLC’s holdings in Alerian MLP ETF were worth $1,190,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Bank of New York Mellon Corp grew its holdings in Alerian MLP ETF by 6.3% during the 2nd quarter. Bank of New York Mellon Corp now owns 7,285 shares of the exchange traded fund’s stock valued at $350,000 after buying an additional 433 shares during the last quarter. Thrivent Financial for Lutherans grew its stake in shares of Alerian MLP ETF by 2.0% during the second quarter. Thrivent Financial for Lutherans now owns 26,856 shares of the exchange traded fund’s stock valued at $1,289,000 after acquiring an additional 531 shares in the last quarter. Elgethun Capital Management increased its stake in shares of Alerian MLP ETF by 1.8% in the second quarter. Elgethun Capital Management now owns 162,503 shares of the exchange traded fund’s stock worth $7,797,000 after buying an additional 2,872 shares during the last quarter. Brick & Kyle Associates lifted its holdings in Alerian MLP ETF by 3.5% during the 2nd quarter. Brick & Kyle Associates now owns 140,219 shares of the exchange traded fund’s stock worth $6,728,000 after buying an additional 4,738 shares during the last quarter. Finally, Silver Lake Advisory LLC acquired a new position in shares of Alerian MLP ETF in the 2nd quarter valued at about $236,000.

Alerian MLP ETF Trading Down 1.0 %

Shares of NYSEARCA AMLP opened at $51.95 on Thursday. Alerian MLP ETF has a 12-month low of $43.02 and a 12-month high of $52.82. The stock has a 50 day simple moving average of $49.27 and a 200-day simple moving average of $47.96. The company has a market cap of $9.34 billion, a PE ratio of 13.08 and a beta of 0.48.

About Alerian MLP ETF

ALERIAN MLP ETF seeks investment results that correspond (before fees and expenses) to the price and yield performance of its underlying index, the Alerian MLP Infrastructure Index (the Index). The Index is a rules based, modified capitalization weighted, float adjusted index intended to give investors a means of tracking the overall performance of the United States energy infrastructure Master Limited Partnership (MLP) asset class.