Sanibel Captiva Trust Company Inc. Has $385,000 Stock Position in Alerian MLP ETF (NYSEARCA:AMLP)

Sanibel Captiva Trust Company Inc. decreased its position in Alerian MLP ETF (NYSEARCA:AMLP) by 20.0% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 8,000 shares of the exchange traded fund’s stock after selling 2,000 shares during the period. Sanibel Captiva Trust Company Inc.’s holdings in Alerian MLP ETF were worth $385,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Shikiar Asset Management Inc. increased its holdings in Alerian MLP ETF by 4.6% in the fourth quarter. Shikiar Asset Management Inc. now owns 200,925 shares of the exchange traded fund’s stock valued at $9,677,000 after purchasing an additional 8,770 shares during the last quarter. Sax Wealth Advisors LLC increased its stake in shares of Alerian MLP ETF by 15.4% in the 4th quarter. Sax Wealth Advisors LLC now owns 5,069 shares of the exchange traded fund’s stock valued at $244,000 after acquiring an additional 676 shares during the last quarter. Pinnacle Bancorp Inc. raised its position in shares of Alerian MLP ETF by 40.8% in the 4th quarter. Pinnacle Bancorp Inc. now owns 3,986 shares of the exchange traded fund’s stock valued at $192,000 after acquiring an additional 1,155 shares during the period. Armstrong Advisory Group Inc. boosted its stake in Alerian MLP ETF by 65.2% during the 4th quarter. Armstrong Advisory Group Inc. now owns 12,804 shares of the exchange traded fund’s stock worth $617,000 after acquiring an additional 5,052 shares during the last quarter. Finally, Thurston Springer Miller Herd & Titak Inc. lifted its holdings in Alerian MLP ETF by 53.6% during the fourth quarter. Thurston Springer Miller Herd & Titak Inc. now owns 1,720 shares of the exchange traded fund’s stock worth $83,000 after acquiring an additional 600 shares in the last quarter.

Alerian MLP ETF Stock Performance

NYSEARCA AMLP opened at $51.71 on Monday. Alerian MLP ETF has a 52-week low of $42.25 and a 52-week high of $51.75. The business has a 50 day simple moving average of $49.01 and a 200 day simple moving average of $47.88. The stock has a market cap of $9.30 billion, a price-to-earnings ratio of 13.08 and a beta of 0.48.

Alerian MLP ETF Profile

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.