Community Bank N.A. increased its position in shares of Alerian MLP (NYSEARCA:AMLP) by 152.7% in the 4th quarter, HoldingsChannel reports. The fund owned 33,538 shares of the exchange traded fund’s stock after buying an additional 20,267 shares during the quarter. Community Bank N.A.’s holdings in Alerian MLP were worth $362,000 as of its most recent SEC filing.
Several other large investors have also recently made changes to their positions in AMLP. Colony Group LLC acquired a new position in Alerian MLP during the second quarter worth $135,000. Frontier Investment Mgmt Co. acquired a new position in Alerian MLP during the second quarter worth $138,000. Wealthcare Advisory Partners LLC acquired a new position in Alerian MLP during the third quarter worth $143,000. Burke & Herbert Bank & Trust Co. acquired a new position in Alerian MLP during the fourth quarter worth $156,000. Finally, Sage Advisory Services Ltd.Co. acquired a new position in Alerian MLP during the third quarter worth $172,000.
Alerian MLP (NYSEARCA:AMLP) opened at $10.65 on Friday. The company has a market cap of $10,060.00 and a price-to-earnings ratio of 5.12. Alerian MLP has a 1 year low of $9.79 and a 1 year high of $13.24.
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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