Retirement Planning Co of New England Inc. Invests $94,000 in Alerian MLP ETF (NYSEARCA:AMLP)

Retirement Planning Co of New England Inc. purchased a new position in shares of Alerian MLP ETF (NYSEARCA:AMLPGet Rating) in the fourth quarter, according to the company in its most recent disclosure with the SEC. The institutional investor purchased 2,900 shares of the exchange traded fund’s stock, valued at approximately $94,000.

Several other institutional investors have also recently modified their holdings of the company. FWL Investment Management LLC lifted its holdings in shares of Alerian MLP ETF by 3.6% during the 4th quarter. FWL Investment Management LLC now owns 254,668 shares of the exchange traded fund’s stock worth $8,338,000 after acquiring an additional 8,797 shares during the period. Steward Partners Investment Advisory LLC increased its position in Alerian MLP ETF by 1.4% during the 4th quarter. Steward Partners Investment Advisory LLC now owns 64,051 shares of the exchange traded fund’s stock worth $2,097,000 after purchasing an additional 911 shares in the last quarter. Bank of America Corp DE increased its position in Alerian MLP ETF by 8.6% during the 4th quarter. Bank of America Corp DE now owns 5,541,951 shares of the exchange traded fund’s stock worth $181,443,000 after purchasing an additional 439,010 shares in the last quarter. Hedges Asset Management LLC acquired a new position in Alerian MLP ETF during the 4th quarter worth approximately $828,000. Finally, Nvwm LLC increased its position in Alerian MLP ETF by 735.0% during the 4th quarter. Nvwm LLC now owns 12,651 shares of the exchange traded fund’s stock worth $414,000 after purchasing an additional 11,136 shares in the last quarter.

AMLP stock opened at $38.07 on Friday. The company has a 50 day simple moving average of $38.09 and a 200 day simple moving average of $35.89. Alerian MLP ETF has a 1 year low of $30.04 and a 1 year high of $41.56.

Alerian MLP ETF Profile (Get Rating)

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.

See Also

Institutional Ownership by Quarter for Alerian MLP ETF (NYSEARCA:AMLP)

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