First PREMIER Bank increased its position in shares of Alerian MLP (NYSEARCA:AMLP) by 40.5% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 179,148 shares of the exchange traded fund’s stock after acquiring an additional 51,663 shares during the period. Alerian MLP comprises approximately 1.3% of First PREMIER Bank’s portfolio, making the stock its 21st biggest holding. First PREMIER Bank’s holdings in Alerian MLP were worth $1,933,000 as of its most recent filing with the Securities and Exchange Commission.
Several other large investors have also recently made changes to their positions in AMLP. Schroder Investment Management Group bought a new position in Alerian MLP during the second quarter valued at about $133,000. Colony Group LLC bought a new position in Alerian MLP during the second quarter valued at about $135,000. Frontier Investment Mgmt Co. bought a new position in Alerian MLP during the second quarter valued at about $138,000. Wealthcare Advisory Partners LLC bought a new position in Alerian MLP during the third quarter valued at about $143,000. Finally, Sage Advisory Services Ltd.Co. bought a new position in Alerian MLP during the third quarter valued at about $172,000.
Alerian MLP (AMLP) traded up $0.16 during trading on Thursday, hitting $11.63. The stock had a trading volume of 9,260,000 shares. The company has a market capitalization of $11,070.00 and a price-to-earnings ratio of 5.65. Alerian MLP has a twelve month low of $9.79 and a twelve month high of $13.31.
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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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