Alerian MLP Index ETNs due January 28, 2044 (NYSEARCA:AMJB) CEO Sells $1,075,182.00 in Stock

Alerian MLP Index ETNs due January 28, 2044 (NYSEARCA:AMJB) CEO Marianne Lake sold 4,233 shares of the stock in a transaction on Thursday, January 16th. The shares were sold at an average price of $254.00, for a total transaction of $1,075,182.00. Following the transaction, the chief executive officer now directly owns 118,507 shares in the company, valued at approximately $30,100,778. The trade was a 3.45 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink.

Alerian MLP Index ETNs due January 28, 2044 Stock Up 0.2 %

AMJB opened at $32.12 on Friday. Alerian MLP Index ETNs due January 28, 2044 has a 52-week low of $25.84 and a 52-week high of $32.12. The firm’s fifty day simple moving average is $30.21 and its two-hundred day simple moving average is $29.18.

Alerian MLP Index ETNs due January 28, 2044 Increases Dividend

The business also recently disclosed a dividend, which was paid on Monday, December 9th. Shareholders of record on Friday, November 29th were issued a dividend of $0.4502 per share. This is an increase 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 grew its holdings in Alerian MLP Index ETNs due January 28, 2044 (NYSEARCA:AMJB) by 160.4% in the third quarter, according to its most recent disclosure 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 filing with the Securities & Exchange Commission.

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.