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 firm’s stock in a transaction on Thursday, January 16th. The shares were sold at an average price of $254.00, for a total value of $1,075,182.00. Following the transaction, the chief executive officer now owns 118,507 shares in the company, valued at approximately $30,100,778. This trade represents a 3.45 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through this hyperlink.

Alerian MLP Index ETNs due January 28, 2044 Stock Performance

Shares of AMJB stock traded up $0.61 on Thursday, hitting $32.06. The stock had a trading volume of 60,269 shares, compared to its average volume of 59,397. The business has a 50 day moving average of $30.09 and a 200 day moving average of $29.14. Alerian MLP Index ETNs due January 28, 2044 has a 12-month low of $25.84 and a 12-month high of $32.06.

Alerian MLP Index ETNs due January 28, 2044 Increases Dividend

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

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

A hedge fund recently raised its stake in Alerian MLP Index ETNs due January 28, 2044 stock. MeadowBrook Investment Advisors LLC lifted its holdings in shares of 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 and Exchange Commission. The fund owned 8,423 shares of the company’s stock after acquiring an additional 5,188 shares during the quarter. MeadowBrook Investment Advisors LLC’s holdings in Alerian MLP Index ETNs due January 28, 2044 were worth $240,000 at the end of the most recent 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.