Alerian MLP ETF (NYSEARCA:AMLP) Stock Holdings Lifted by Bard Financial Services Inc.

Bard Financial Services Inc. raised its stake in Alerian MLP ETF (NYSEARCA:AMLP) by 1.3% during the 2nd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 202,700 shares of the exchange traded fund’s stock after buying an additional 2,575 shares during the period. Bard Financial Services Inc. owned approximately 0.12% of Alerian MLP ETF worth $7,948,000 as of its most recent filing with the SEC.

Several other institutional investors also recently modified their holdings of AMLP. Bank of New York Mellon Corp increased its holdings in shares of Alerian MLP ETF by 10.8% in the first quarter. Bank of New York Mellon Corp now owns 17,837 shares of the exchange traded fund’s stock valued at $683,000 after buying an additional 1,743 shares in the last quarter. Blair William & Co. IL grew its position in Alerian MLP ETF by 22.3% during the 1st quarter. Blair William & Co. IL now owns 52,632 shares of the exchange traded fund’s stock worth $2,016,000 after purchasing an additional 9,614 shares in the last quarter. Cetera Investment Advisers grew its position in Alerian MLP ETF by 13.3% during the 1st quarter. Cetera Investment Advisers now owns 29,050 shares of the exchange traded fund’s stock worth $1,113,000 after purchasing an additional 3,406 shares in the last quarter. Baird Financial Group Inc. grew its position in Alerian MLP ETF by 5.1% during the 1st quarter. Baird Financial Group Inc. now owns 22,137 shares of the exchange traded fund’s stock worth $848,000 after purchasing an additional 1,070 shares in the last quarter. Finally, NewEdge Advisors LLC grew its position in Alerian MLP ETF by 12.1% during the 1st quarter. NewEdge Advisors LLC now owns 65,562 shares of the exchange traded fund’s stock worth $2,512,000 after purchasing an additional 7,091 shares in the last quarter.

Alerian MLP ETF Stock Performance

NYSEARCA AMLP opened at $41.61 on Friday. Alerian MLP ETF has a twelve month low of $34.69 and a twelve month high of $42.47. The stock has a market cap of $6.81 billion, a price-to-earnings ratio of 13.30 and a beta of 1.42. The firm’s 50 day moving average price is $40.95 and its two-hundred day moving average price is $39.46.

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.