Ashley Bacon Sells 7,122 Shares of Alerian MLP Index ETNs due January 28, 2044 (NYSEARCA:AMJB) Stock

Posted by Stacy Sanders on Jan 19th, 2025

Alerian MLP Index ETNs due January 28, 2044 (NYSEARCA:AMJB – Get Free Report) insider Ashley Bacon sold 7,122 shares of the firm’s stock in a transaction on Thursday, January 16th. The shares were sold at an average price of $253.94, for a total transaction of $1,808,560.68. Following the sale, the insider now directly owns 219,388 shares of the company’s stock, valued at approximately $55,711,388.72. The trade was a 3.14 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink.

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

AMJB opened at $32.12 on Friday. The company has a fifty day simple moving average of $30.21 and a 200 day simple moving average of $29.18. Alerian MLP Index ETNs due January 28, 2044 has a twelve month low of $25.84 and a twelve month high of $32.12.

Alerian MLP Index ETNs due January 28, 2044 Increases Dividend

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

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

A hedge fund recently bought a new stake in Alerian MLP Index ETNs due January 28, 2044 stock. NBW Capital LLC acquired a new stake in shares of Alerian MLP Index ETNs due January 28, 2044 (NYSEARCA:AMJB – Free Report) during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor acquired 223,196 shares of the company’s stock, valued at approximately $6,459,000.

About Alerian MLP Index ETNs due January 28, 2044

(Get Free Report)

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.