Alpha Omega Wealth Management LLC Has $309,000 Stock Holdings in Alerian MLP ETF (NYSEARCA:AMLP)

Alpha Omega Wealth Management LLC lowered its position in Alerian MLP ETF (NYSEARCA:AMLP) by 12.9% in the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 6,406 shares of the exchange traded fund’s stock after selling 951 shares during the quarter. Alpha Omega Wealth Management LLC’s holdings in Alerian MLP ETF were worth $309,000 at the end of the most recent quarter.

A number of other large investors have also added to or reduced their stakes in AMLP. Park Avenue Securities LLC increased its position in Alerian MLP ETF by 38.8% in the 4th quarter. Park Avenue Securities LLC now owns 32,525 shares of the exchange traded fund’s stock valued at $1,566,000 after acquiring an additional 9,088 shares during the period. Farther Finance Advisors LLC increased its holdings in Alerian MLP ETF by 532.8% in the third quarter. Farther Finance Advisors LLC now owns 19,668 shares of the exchange traded fund’s stock valued at $927,000 after purchasing an additional 16,560 shares during the period. Advisors Asset Management Inc. bought a new position in Alerian MLP ETF during the 3rd quarter worth $65,000. Regency Capital Management Inc. DE lifted its holdings in Alerian MLP ETF by 173.7% during the 3rd quarter. Regency Capital Management Inc. DE now owns 98,179 shares of the exchange traded fund’s stock worth $4,627,000 after buying an additional 62,304 shares during the period. Finally, Thrivent Financial for Lutherans grew its position in shares of Alerian MLP ETF by 2.0% in the 2nd quarter. Thrivent Financial for Lutherans now owns 26,856 shares of the exchange traded fund’s stock valued at $1,289,000 after buying an additional 531 shares during the last quarter.

Alerian MLP ETF Trading Down 1.1 %

Shares of AMLP stock opened at $51.57 on Friday. Alerian MLP ETF has a 1-year low of $43.02 and a 1-year high of $52.82. The stock has a market cap of $9.28 billion, a price-to-earnings ratio of 13.08 and a beta of 0.48. The stock has a 50-day moving average of $49.74 and a 200-day moving average of $48.13.

Alerian MLP ETF Profile

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.