Onyx Bridge Wealth Group LLC Has $750,000 Stake in Alerian MLP ETF (NYSEARCA:AMLP)

Onyx Bridge Wealth Group LLC lifted its stake in shares of Alerian MLP ETF (NYSEARCA:AMLP) by 3.2% during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 15,566 shares of the exchange traded fund’s stock after acquiring an additional 480 shares during the period. Onyx Bridge Wealth Group LLC’s holdings in Alerian MLP ETF were worth $750,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also bought and sold shares of the company. Cypress Wealth Services LLC boosted its position in shares of 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 purchasing an additional 217 shares in the last quarter. Retirement Planning Group LLC raised its position 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 worth $369,000 after purchasing an additional 218 shares during the period. Capital Investment Advisory Services LLC lifted its holdings in shares of Alerian MLP ETF by 2.8% in the 4th quarter. Capital Investment Advisory Services LLC now owns 8,024 shares of the exchange traded fund’s stock worth $386,000 after purchasing an additional 222 shares in the last quarter. Opal Wealth Advisors LLC grew its position in Alerian MLP ETF by 2.7% in the 3rd quarter. Opal Wealth Advisors LLC now owns 9,167 shares of the exchange traded fund’s stock valued at $432,000 after purchasing an additional 242 shares during the period. Finally, Mach 1 Financial Group LLC increased its stake in Alerian MLP ETF by 2.4% during the 3rd quarter. Mach 1 Financial Group LLC now owns 10,487 shares of the exchange traded fund’s stock valued at $494,000 after purchasing an additional 244 shares in the last quarter.

Alerian MLP ETF Trading Up 0.7 %

Alerian MLP ETF stock opened at $53.06 on Thursday. The firm’s fifty day moving average price is $49.92 and its two-hundred day moving average price is $48.20. The firm has a market capitalization of $9.54 billion, a price-to-earnings ratio of 13.08 and a beta of 0.48. Alerian MLP ETF has a 1-year low of $43.02 and a 1-year high of $53.08.

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.