Oak Family Advisors LLC Sells 28,048 Shares of Alerian MLP ETF $AMLP

Oak Family Advisors LLC decreased its holdings in shares of Alerian MLP ETF (NYSEARCA:AMLP) by 19.0% in the 4th quarter, according to its most recent 13F filing with the SEC. The fund owned 119,478 shares of the exchange traded fund’s stock after selling 28,048 shares during the period. Alerian MLP ETF makes up 1.5% of Oak Family Advisors LLC’s holdings, making the stock its 23rd largest position. Oak Family Advisors LLC owned 0.05% of Alerian MLP ETF worth $5,618,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently made changes to their positions in AMLP. REAP Financial Group LLC raised its position in shares of Alerian MLP ETF by 2,000.0% during the 3rd quarter. REAP Financial Group LLC now owns 525 shares of the exchange traded fund’s stock valued at $25,000 after acquiring an additional 500 shares during the last quarter. Flagship Harbor Advisors LLC bought a new stake in shares of Alerian MLP ETF during the 4th quarter valued at $43,000. Whittier Trust Co. of Nevada Inc. raised its position in shares of Alerian MLP ETF by 800.0% during the 4th quarter. Whittier Trust Co. of Nevada Inc. now owns 1,125 shares of the exchange traded fund’s stock valued at $53,000 after acquiring an additional 1,000 shares during the last quarter. TFC Financial Management Inc. bought a new stake in shares of Alerian MLP ETF during the 3rd quarter valued at $60,000. Finally, BROOKFIELD Corp ON bought a new stake in shares of Alerian MLP ETF during the 2nd quarter valued at $65,000.

Alerian MLP ETF Stock Performance

Shares of Alerian MLP ETF stock opened at $53.36 on Friday. The firm has a fifty day moving average of $52.46 and a two-hundred day moving average of $49.68. The stock has a market capitalization of $12.45 billion, a price-to-earnings ratio of 14.17 and a beta of 0.52. Alerian MLP ETF has a 52 week low of $44.64 and a 52 week high of $54.25.

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. The Index is comprised of 25 energy infrastructure MLPs. The fund will invest at least 90% of its total assets in securities, which comprise the Index (or depositary receipts based on such securities).