Alerian MLP Index ETNs due January 28, 2044 (NYSEARCA:AMJB) Hits New 52-Week High – What’s Next?

Alerian MLP Index ETNs due January 28, 2044 (NYSEARCA:AMJB)’s share price hit a new 52-week high on Thursday . The company traded as high as $32.06 and last traded at $32.06, with a volume of 60269 shares. The stock had previously closed at $31.45.

Alerian MLP Index ETNs due January 28, 2044 Trading Up 1.9 %

The firm has a fifty day moving average price of $30.09 and a 200-day moving average price of $29.14.

Alerian MLP Index ETNs due January 28, 2044 Increases Dividend

The firm also recently declared a dividend, which was paid on Monday, December 9th. Shareholders of record on Friday, November 29th were issued a $0.4502 dividend. This is a boost from Alerian MLP Index ETNs due January 28, 2044’s previous dividend of $0.44. The ex-dividend date was Friday, November 29th.

Hedge Funds Weigh In On Alerian MLP Index ETNs due January 28, 2044

An institutional investor recently raised its position in Alerian MLP Index ETNs due January 28, 2044 stock. MeadowBrook Investment Advisors LLC lifted its position in shares of Alerian MLP Index ETNs due January 28, 2044 (NYSEARCA:AMJB) by 160.4% in the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 8,423 shares of the company’s stock after buying an additional 5,188 shares during the period. MeadowBrook Investment Advisors LLC’s holdings in Alerian MLP Index ETNs due January 28, 2044 were worth $240,000 as of its most recent SEC filing.

Alerian MLP Index ETNs due January 28, 2044 Company Profile

The ALERIAN MLP INDEX ETNS DUE JANUARY 28, 2044 (AMJB) is an exchange-traded fund that is based on the Alerian MLP index. The fund tracks a market cap-weighted index of 50 North American energy MLPs. Securities are selected based on distributions. AMJB was launched on Apr 2, 2009 and is issued by JPMorgan Chase.