Trust Asset Management LLC Buys Magellan Midstream Partners LP, Aberdeen Asia-pacific Income Fund Inc, Cheniere Energy Partners LP, Sells SPDR S&P 500 ETF Trust, Williams Inc, Alerian MLP ETF

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Oct 28, 2019
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Houston, TX, based Investment company Trust Asset Management LLC (Current Portfolio) buys Magellan Midstream Partners LP, Aberdeen Asia-pacific Income Fund Inc, Cheniere Energy Partners LP, MPLX LP, Hess Midstream Partners LP, sells SPDR S&P 500 ETF Trust, Williams Inc, Alerian MLP ETF, Plains All American Pipeline LP, Buckeye Partners LP during the 3-months ended 2019Q3, according to the most recent filings of the investment company, Trust Asset Management LLC. As of 2019Q3, Trust Asset Management LLC owns 24 stocks with a total value of $0 million. These are the details of the buys and sells.

For the details of Trust Asset Management LLC's stock buys and sells, go to https://www.gurufocus.com/guru/trust+asset+management+llc/current-portfolio/portfolio

These are the top 5 holdings of Trust Asset Management LLC
  1. Williams Companies Inc (WMB) - 490 shares, 27.27% of the total portfolio. Shares reduced by 99.89%
  2. Alerian MLP ETF (AMLP) - 947 shares, 20.45% of the total portfolio. Shares reduced by 99.89%
  3. Buckeye Partners LP (BPL) - 128 shares, 11.36% of the total portfolio. Shares reduced by 99.87%
  4. Enterprise Products Partners LP (EPD) - 109 shares, 6.82% of the total portfolio. Shares reduced by 99.7%
  5. Energy Transfer LP (ET) - 204 shares, 6.82% of the total portfolio. Shares reduced by 99.8%
New Purchase: MPLX LP (MPLX)

Trust Asset Management LLC initiated holding in MPLX LP. The purchase prices were between $26.48 and $32.51, with an estimated average price of $29.33. The stock is now traded at around $26.26. The impact to a portfolio due to this purchase was 2.27%. The holding were 48 shares as of .

New Purchase: Magellan Midstream Partners LP (MMP)

Trust Asset Management LLC initiated holding in Magellan Midstream Partners LP. The purchase prices were between $64.05 and $67.36, with an estimated average price of $65.83. The stock is now traded at around $63.42. The impact to a portfolio due to this purchase was 2.27%. The holding were 8 shares as of .

New Purchase: Hess Midstream Partners LP (HESM)

Trust Asset Management LLC initiated holding in Hess Midstream Partners LP. The purchase prices were between $17.97 and $20.95, with an estimated average price of $19.46. The stock is now traded at around $21.17. The impact to a portfolio due to this purchase was 2.27%. The holding were 47 shares as of .

New Purchase: Aberdeen Asia-pacific Income Fund Inc (FAX)

Trust Asset Management LLC initiated holding in Aberdeen Asia-pacific Income Fund Inc. The purchase prices were between $4.12 and $4.27, with an estimated average price of $4.19. The stock is now traded at around $4.24. The impact to a portfolio due to this purchase was 2.27%. The holding were 131 shares as of .

New Purchase: Cheniere Energy Partners LP (CQP)

Trust Asset Management LLC initiated holding in Cheniere Energy Partners LP. The purchase prices were between $42.45 and $48.19, with an estimated average price of $44.38. The stock is now traded at around $44.31. The impact to a portfolio due to this purchase was 2.27%. The holding were 24 shares as of .

New Purchase: Wells Fargo Income Opportunities Fund (EAD)

Trust Asset Management LLC initiated holding in Wells Fargo Income Opportunities Fund. The purchase prices were between $8.04 and $8.32, with an estimated average price of $8.2. The stock is now traded at around $8.21. The impact to a portfolio due to this purchase was less than 0.01%. The holding were 33 shares as of .

Sold Out: SPDR S&P 500 ETF Trust (SPY)

Trust Asset Management LLC sold out a holding in SPDR S&P 500 ETF Trust. The sale prices were between $282.52 and $300.62, with an estimated average price of $294.27.

Sold Out: Energy Select Sector SPDR Fund (XLE)

Trust Asset Management LLC sold out a holding in Energy Select Sector SPDR Fund. The sale prices were between $55.85 and $64.44, with an estimated average price of $60.49.

Sold Out: Microsoft Corp (MSFT)

Trust Asset Management LLC sold out a holding in Microsoft Corp. The sale prices were between $132.21 and $141.34, with an estimated average price of $137.52.

Sold Out: Apple Inc (AAPL)

Trust Asset Management LLC sold out a holding in Apple Inc. The sale prices were between $193.34 and $223.97, with an estimated average price of $209.04.

Sold Out: Amazon.com Inc (AMZN)

Trust Asset Management LLC sold out a holding in Amazon.com Inc. The sale prices were between $1725.45 and $2020.99, with an estimated average price of $1854.66.

Sold Out: Ford Motor Co (F)

Trust Asset Management LLC sold out a holding in Ford Motor Co. The sale prices were between $8.76 and $10.51, with an estimated average price of $9.5.



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