Neuberger Berman Group LLC Trims Position in Alerian MLP (AMLP)
Neuberger Berman Group LLC lowered its holdings in Alerian MLP (NYSE:AMLP) by 0.0% in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 138,884 shares of the exchange traded fund’s stock after selling 43 shares during the quarter. Neuberger Berman Group LLC’s holdings in Alerian MLP were worth $1,661,000 at the end of the most recent quarter.
Other hedge funds and other institutional investors have also bought and sold shares of the company. American Research & Management Co. lifted its stake in Alerian MLP by 73.6% during the 2nd quarter. American Research & Management Co. now owns 9,200 shares of the exchange traded fund’s stock valued at $110,000 after acquiring an additional 3,900 shares in the last quarter. A. D. Beadell Investment Counsel Inc. bought a new position in Alerian MLP during the 2nd quarter valued at $126,000. Tocqueville Asset Management L.P. lifted its stake in Alerian MLP by 5.7% during the 2nd quarter. Tocqueville Asset Management L.P. now owns 13,475 shares of the exchange traded fund’s stock valued at $161,000 after acquiring an additional 725 shares in the last quarter. Morris Capital Advisors LLC bought a new position in Alerian MLP during the 2nd quarter valued at $164,000. Finally, Northstar Wealth Partners LLC lifted its stake in Alerian MLP by 10.3% during the 2nd quarter. Northstar Wealth Partners LLC now owns 24,784 shares of the exchange traded fund’s stock valued at $294,000 after acquiring an additional 2,317 shares in the last quarter.
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Alerian MLP (AMLP) opened at 11.27 on Friday. The firm’s 50-day moving average price is $11.22 and its 200 day moving average price is $12.01. Alerian MLP has a 52 week low of $10.51 and a 52 week high of $13.31.
Alerian MLP 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.
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