Alerian MLP Index ETNs due January 28, 2044 (NYSEARCA:AMJB) COO Sells $1,153,069.05 in Stock

Alerian MLP Index ETNs due January 28, 2044 (NYSEARCA:AMJB) COO Jennifer Piepszak sold 4,273 shares of the stock in a transaction that occurred on Thursday, February 20th. The shares were sold at an average price of $269.85, for a total transaction of $1,153,069.05. Following the sale, the chief operating officer now owns 54,469 shares in the company, valued at approximately $14,698,459.65. The trade was a 7.27 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website.

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

Shares of NYSEARCA:AMJB traded up $0.08 during trading on Thursday, reaching $33.27. 140,691 shares of the stock traded hands, compared to its average volume of 73,433. The stock has a 50-day moving average of $31.12 and a two-hundred day moving average of $29.71. Alerian MLP Index ETNs due January 28, 2044 has a 52-week low of $27.00 and a 52-week high of $33.40.

Alerian MLP Index ETNs due January 28, 2044 Increases Dividend

The company also recently declared a dividend, which was paid on Monday, December 9th. Stockholders of record on Friday, November 29th were issued a dividend of $0.4502 per share. This is a boost 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.

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

A number of institutional investors have recently made changes to their positions in AMJB. MeadowBrook Investment Advisors LLC boosted its holdings in Alerian MLP Index ETNs due January 28, 2044 by 160.4% in the third quarter. MeadowBrook Investment Advisors LLC now owns 8,423 shares of the company’s stock worth $240,000 after purchasing an additional 5,188 shares during the last quarter. Nicolet Bankshares Inc. boosted its holdings in Alerian MLP Index ETNs due January 28, 2044 by 1.5% in the fourth quarter. Nicolet Bankshares Inc. now owns 205,018 shares of the company’s stock worth $6,050,000 after purchasing an additional 3,102 shares during the last quarter. Finally, CIBC Private Wealth Group LLC boosted its holdings in Alerian MLP Index ETNs due January 28, 2044 by 3.4% in the fourth quarter. CIBC Private Wealth Group LLC now owns 3,337,595 shares of the company’s stock worth $101,663,000 after purchasing an additional 109,965 shares during 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.