Alerian MLP Index ETNs due January 28, 2044 (NYSEARCA:AMJB) Insider Lori A. Beer Sells 2,053 Shares of Stock

Alerian MLP Index ETNs due January 28, 2044 (NYSEARCA:AMJB) insider Lori A. Beer sold 2,053 shares of the stock in a transaction dated Thursday, February 20th. The shares were sold at an average price of $269.88, for a total value of $554,063.64. Following the completion of the sale, the insider now directly owns 52,534 shares in the company, valued at $14,177,875.92. This represents a 3.76 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website.

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

AMJB stock opened at $33.27 on Friday. The business’s 50-day moving average is $31.12 and its two-hundred day moving average is $29.71. Alerian MLP Index ETNs due January 28, 2044 has a 1 year low of $27.00 and a 1 year high of $33.40.

Alerian MLP Index ETNs due January 28, 2044 Increases Dividend

The firm also recently announced a dividend, which was paid on Monday, December 9th. Stockholders of record on Friday, November 29th were given a dividend of $0.4502 per share. The ex-dividend date of this dividend was Friday, November 29th. This is a positive change from Alerian MLP Index ETNs due January 28, 2044’s previous dividend of $0.44.

Institutional Investors Weigh In On Alerian MLP Index ETNs due January 28, 2044

Hedge funds and other institutional investors have recently made changes to their positions in the business. MeadowBrook Investment Advisors LLC raised its position in shares of Alerian MLP Index ETNs due January 28, 2044 by 160.4% during the 3rd quarter. MeadowBrook Investment Advisors LLC now owns 8,423 shares of the company’s stock worth $240,000 after acquiring an additional 5,188 shares in the last quarter. Nicolet Bankshares Inc. raised its position in shares of Alerian MLP Index ETNs due January 28, 2044 by 1.5% during the 4th quarter. Nicolet Bankshares Inc. now owns 205,018 shares of the company’s stock worth $6,050,000 after acquiring an additional 3,102 shares in the last quarter. Finally, CIBC Private Wealth Group LLC raised its position in shares of Alerian MLP Index ETNs due January 28, 2044 by 3.4% during the 4th quarter. CIBC Private Wealth Group LLC now owns 3,337,595 shares of the company’s stock worth $101,663,000 after acquiring an additional 109,965 shares in the last quarter.

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.