Pinion Investment Advisors LLC acquired 11,139 shares of Alerian MLP ETF (AMLP) in Q2, as reported in a SEC filing.

Pinion Investment Advisors LLC acquired 11,139 shares of the Alerian MLP ETF (AMLP) for about $534,000 in Q2, as reported in a SEC filing. Other institutional investors also adjusted their stakes, with Envestnet and Allen Investment Management increasing theirs significantly. AMLP, with a market cap of $8.53 billion and a P/E ratio of 13.08, aims to track U.S. energy infrastructure MLP performance. Oppenheimer reduced its holdings by 8.3%.

September 15, 2024
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