Sanctuary Advisors LLC Has $7.03 Million Stock Holdings in Alerian MLP ETF (NYSEARCA:AMLP)

Sanctuary Advisors LLC grew its stake in shares of Alerian MLP ETF (NYSEARCA:AMLP) by 31.1% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 141,682 shares of the exchange traded fund’s stock after purchasing an additional 33,594 shares during the period. Sanctuary Advisors LLC’s holdings in Alerian MLP ETF were worth $7,032,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds also recently made changes to their positions in AMLP. Cypress Wealth Services LLC raised its stake in Alerian MLP ETF by 3.7% during the 3rd quarter. Cypress Wealth Services LLC now owns 6,021 shares of the exchange traded fund’s stock worth $284,000 after buying an additional 217 shares during the period. Retirement Planning Group LLC increased its holdings in shares of Alerian MLP ETF by 2.9% during the third quarter. Retirement Planning Group LLC now owns 7,830 shares of the exchange traded fund’s stock valued at $369,000 after acquiring an additional 218 shares in the last quarter. Opal Wealth Advisors LLC raised its position in shares of Alerian MLP ETF by 2.7% during the third quarter. Opal Wealth Advisors LLC now owns 9,167 shares of the exchange traded fund’s stock worth $432,000 after purchasing an additional 242 shares during the period. Mach 1 Financial Group LLC lifted its holdings in shares of Alerian MLP ETF by 2.4% in the 3rd quarter. Mach 1 Financial Group LLC now owns 10,487 shares of the exchange traded fund’s stock worth $494,000 after purchasing an additional 244 shares in the last quarter. Finally, Capital Advisors Ltd. LLC grew its position in Alerian MLP ETF by 1.4% in the 2nd quarter. Capital Advisors Ltd. LLC now owns 18,337 shares of the exchange traded fund’s stock valued at $880,000 after purchasing an additional 258 shares during the period.

Alerian MLP ETF Trading Down 0.4 %

AMLP opened at $49.09 on Friday. Alerian MLP ETF has a 1-year low of $41.80 and a 1-year high of $51.47. The company has a market cap of $8.83 billion, a price-to-earnings ratio of 13.08 and a beta of 0.48. The company’s fifty day moving average price is $48.20 and its two-hundred day moving average price is $47.48.

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.