Dumont & Blake Investment Advisors LLC Decreases Stock Holdings in Alerian MLP ETF (NYSEARCA:AMLP)

Dumont & Blake Investment Advisors LLC reduced its holdings in shares of Alerian MLP ETF (NYSEARCA:AMLP – Free Report) by 50.0% in the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 14,412 shares of the exchange traded fund’s stock after selling 14,410 shares during the quarter. Dumont & Blake Investment Advisors LLC’s holdings in Alerian MLP ETF were worth $679,000 at the end of the most recent quarter.

Several other institutional investors also recently bought and sold shares of the business. Retirement Planning Group LLC raised its stake in shares of Alerian MLP ETF by 24.3% in the 2nd quarter. Retirement Planning Group LLC now owns 7,612 shares of the exchange traded fund’s stock valued at $365,000 after purchasing an additional 1,489 shares in the last quarter. Kingswood Wealth Advisors LLC lifted its stake in Alerian MLP ETF by 36.7% in the first quarter. Kingswood Wealth Advisors LLC now owns 10,104 shares of the exchange traded fund’s stock valued at $480,000 after buying an additional 2,714 shares during the last quarter. Dynamic Advisor Solutions LLC grew its position in Alerian MLP ETF by 22.2% in the 2nd quarter. Dynamic Advisor Solutions LLC now owns 14,711 shares of the exchange traded fund’s stock worth $706,000 after purchasing an additional 2,673 shares during the last quarter. Oppenheimer & Co. Inc. increased its stake in shares of Alerian MLP ETF by 8.0% in the first quarter. Oppenheimer & Co. Inc. now owns 87,811 shares of the exchange traded fund’s stock valued at $4,168,000 after purchasing an additional 6,486 shares during the period. Finally, EP Wealth Advisors LLC bought a new stake in shares of Alerian MLP ETF during the first quarter valued at approximately $228,000.

Alerian MLP ETF Stock Performance

Shares of AMLP opened at $46.88 on Friday. The firm has a market capitalization of $8.43 billion, a price-to-earnings ratio of 13.08 and a beta of 0.48. The stock’s fifty day moving average is $47.06 and its 200-day moving average is $47.01. Alerian MLP ETF has a one year low of $41.06 and a one year high of $49.44.

Alerian MLP ETF Company Profile

(Free Report)

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.

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