Alerian MLP Index ETNs due January 28, 2044 (NYSEARCA:AMJB) CEO Sells $10,119,000.00 in Stock

Alerian MLP Index ETNs due January 28, 2044 (NYSEARCA:AMJB) CEO Troy L. Rohrbaugh sold 37,500 shares of Alerian MLP Index ETNs due January 28, 2044 stock in a transaction that occurred on Thursday, February 20th. The shares were sold at an average price of $269.84, for a total value of $10,119,000.00. Following the completion of the sale, the chief executive officer now directly owns 158,381 shares in the company, valued at approximately $42,737,529.04. This represents a 19.14 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through the SEC website.

Alerian MLP Index ETNs due January 28, 2044 Stock Down 1.2 %

NYSEARCA:AMJB opened at $32.87 on Friday. Alerian MLP Index ETNs due January 28, 2044 has a twelve month low of $27.00 and a twelve month high of $33.40. The stock’s 50 day moving average price is $31.23 and its two-hundred day moving average price is $29.77.

Alerian MLP Index ETNs due January 28, 2044 Increases Dividend

The business also recently declared a dividend, which was paid on Monday, December 9th. Shareholders of record on Friday, November 29th were given 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 of this dividend was Friday, November 29th.

Institutional Inflows and Outflows

Several institutional investors have recently made changes to their positions in AMJB. CIBC Private Wealth Group LLC boosted its stake 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 during the period. MeadowBrook Investment Advisors LLC boosted its stake 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 during the period. Finally, Nicolet Bankshares Inc. boosted its stake 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 during the period.

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.