Wellington Shields Capital Management LLC acquired a new stake in Alerian MLP ETF (NYSEARCA:AMLP) during the 3rd quarter, Holdings Channel reports. The fund acquired 17,748 shares of the exchange traded fund’s stock, valued at approximately $190,000.

Other institutional investors and hedge funds also recently modified their holdings of the company. Evanson Asset Management LLC grew its position in Alerian MLP ETF by 12.5% in the 3rd quarter. Evanson Asset Management LLC now owns 43,500 shares of the exchange traded fund’s stock valued at $465,000 after acquiring an additional 4,828 shares in the last quarter. Twin Focus Capital Partners LLC grew its position in Alerian MLP ETF by 9.8% in the 2nd quarter. Twin Focus Capital Partners LLC now owns 54,831 shares of the exchange traded fund’s stock valued at $554,000 after acquiring an additional 4,900 shares in the last quarter. Bank of New York Mellon Corp grew its position in Alerian MLP ETF by 1.1% in the 2nd quarter. Bank of New York Mellon Corp now owns 472,857 shares of the exchange traded fund’s stock valued at $4,776,000 after acquiring an additional 5,049 shares in the last quarter. Valmark Advisers Inc. grew its position in Alerian MLP ETF by 13.1% in the 2nd quarter. Valmark Advisers Inc. now owns 43,740 shares of the exchange traded fund’s stock valued at $442,000 after acquiring an additional 5,062 shares in the last quarter. Finally, Crabel Capital Management LLC grew its position in Alerian MLP ETF by 49.3% in the 2nd quarter. Crabel Capital Management LLC now owns 15,499 shares of the exchange traded fund’s stock valued at $157,000 after acquiring an additional 5,116 shares in the last quarter.

Shares of Alerian MLP ETF stock opened at $9.93 on Friday. Alerian MLP ETF has a one year low of $9.01 and a one year high of $11.89.

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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.

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

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