Dynamic Advisor Solutions LLC Has $760,000 Holdings in Alerian MLP ETF (NYSEARCA:AMLP)

Dynamic Advisor Solutions LLC increased its holdings in shares of Alerian MLP ETF (NYSEARCA:AMLP) by 7.0% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 15,783 shares of the exchange traded fund’s stock after acquiring an additional 1,038 shares during the period. Dynamic Advisor Solutions LLC’s holdings in Alerian MLP ETF were worth $760,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of AMLP. LPL Financial LLC increased its stake in shares of Alerian MLP ETF by 13.0% in the third quarter. LPL Financial LLC now owns 2,399,962 shares of the exchange traded fund’s stock valued at $113,110,000 after buying an additional 275,254 shares in the last quarter. Raymond James & Associates increased its position in Alerian MLP ETF by 2.4% in the 3rd quarter. Raymond James & Associates now owns 1,061,519 shares of the exchange traded fund’s stock valued at $50,029,000 after acquiring an additional 24,674 shares in the last quarter. Stephens Inc. AR raised its stake in shares of Alerian MLP ETF by 2.8% in the third quarter. Stephens Inc. AR now owns 984,226 shares of the exchange traded fund’s stock worth $46,387,000 after acquiring an additional 26,882 shares during the last quarter. Naviter Wealth LLC lifted its position in shares of Alerian MLP ETF by 14.2% during the third quarter. Naviter Wealth LLC now owns 877,080 shares of the exchange traded fund’s stock worth $41,337,000 after purchasing an additional 108,804 shares in the last quarter. Finally, HighTower Advisors LLC grew its stake in shares of Alerian MLP ETF by 10.7% during the third quarter. HighTower Advisors LLC now owns 872,018 shares of the exchange traded fund’s stock valued at $41,091,000 after purchasing an additional 83,961 shares during the last quarter.

Alerian MLP ETF Price Performance

AMLP stock opened at $52.10 on Monday. The company has a 50 day moving average price of $49.45 and a 200 day moving average price of $48.01. Alerian MLP ETF has a fifty-two week low of $43.02 and a fifty-two week high of $52.82. The stock has a market capitalization of $9.37 billion, a PE ratio of 13.08 and a beta of 0.48.

Alerian MLP ETF Company 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.