Onyx Bridge Wealth Group LLC Has $592,000 Position in Alerian MLP ETF (NYSEARCA:AMLP)

Onyx Bridge Wealth Group LLC raised its stake in Alerian MLP ETF (NYSEARCA:AMLP) by 2.5% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 13,915 shares of the exchange traded fund’s stock after purchasing an additional 333 shares during the period. Onyx Bridge Wealth Group LLC’s holdings in Alerian MLP ETF were worth $592,000 at the end of the most recent quarter.

Other institutional investors also recently modified their holdings of the company. Sanctuary Wealth Management L.L.C. bought a new stake in shares of Alerian MLP ETF in the fourth quarter valued at about $29,000. Provence Wealth Management Group bought a new stake in shares of Alerian MLP ETF in the third quarter valued at about $31,000. Tower Research Capital LLC TRC boosted its position in shares of Alerian MLP ETF by 8,000.0% in the second quarter. Tower Research Capital LLC TRC now owns 810 shares of the exchange traded fund’s stock valued at $32,000 after acquiring an additional 800 shares during the period. ICA Group Wealth Management LLC bought a new stake in shares of Alerian MLP ETF in the fourth quarter valued at about $34,000. Finally, Ancora Advisors LLC boosted its position in shares of Alerian MLP ETF by 114.3% in the first quarter. Ancora Advisors LLC now owns 1,200 shares of the exchange traded fund’s stock valued at $37,000 after acquiring an additional 640 shares during the period.

Alerian MLP ETF Stock Up 1.3 %

Shares of Alerian MLP ETF stock traded up $0.61 during trading on Friday, reaching $46.97. The company’s stock had a trading volume of 1,217,980 shares, compared to its average volume of 1,261,256. Alerian MLP ETF has a 52 week low of $37.06 and a 52 week high of $48.48. The business’s 50-day moving average price is $46.38 and its 200-day moving average price is $44.02. The firm has a market cap of $8.36 billion, a PE ratio of 12.87 and a beta of 0.51.

Alerian MLP ETF 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.