Baldwin Wealth Partners LLC MA Sells 16,595 Shares of Alerian MLP ETF (NYSEARCA:AMLP)

Baldwin Wealth Partners LLC MA trimmed its holdings in Alerian MLP ETF (NYSEARCA:AMLP) by 6.4% during the fourth quarter, Holdings Channel reports. The firm owned 242,544 shares of the exchange traded fund’s stock after selling 16,595 shares during the quarter. Baldwin Wealth Partners LLC MA’s holdings in Alerian MLP ETF were worth $11,681,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently made changes to their positions in AMLP. Ashton Thomas Securities LLC acquired a new position in Alerian MLP ETF in the third quarter valued at approximately $28,000. Massmutual Trust Co. FSB ADV bought a new position in Alerian MLP ETF during the third quarter worth $40,000. City State Bank acquired a new stake in Alerian MLP ETF in the fourth quarter worth $40,000. ORG Wealth Partners LLC bought a new stake in Alerian MLP ETF in the third quarter valued at $41,000. Finally, Advisors Asset Management Inc. acquired a new position in shares of Alerian MLP ETF during the third quarter valued at about $65,000.

Alerian MLP ETF Price Performance

Shares of AMLP opened at $51.73 on Monday. The stock has a 50-day moving average of $49.45 and a 200-day moving average of $48.01. Alerian MLP ETF has a one year low of $43.02 and a one year high of $52.82. The company has a market cap of $9.31 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.