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 business’s stock in a transaction dated 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 completion of the transaction, the chief operating officer now owns 54,469 shares in the company, valued at $14,698,459.65. The trade was a 7.27 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink.

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

NYSEARCA:AMJB opened at $32.87 on Friday. The company’s 50-day moving average is $31.23 and its two-hundred day moving average is $29.77. 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 company also recently announced a dividend, which was paid on Monday, December 9th. Shareholders of record on Friday, November 29th were issued 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 was Friday, November 29th.

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

Several institutional investors and hedge funds have recently bought and sold shares of AMJB. MeadowBrook Investment Advisors LLC boosted its holdings in Alerian MLP Index ETNs due January 28, 2044 by 160.4% in the 3rd quarter. MeadowBrook Investment Advisors LLC now owns 8,423 shares of the company’s stock valued at $240,000 after purchasing an additional 5,188 shares during the last quarter. CIBC Private Wealth Group LLC boosted its holdings in Alerian MLP Index ETNs due January 28, 2044 by 3.4% in the 4th quarter. CIBC Private Wealth Group LLC now owns 3,337,595 shares of the company’s stock valued at $101,663,000 after purchasing an additional 109,965 shares during the last quarter. Finally, Nicolet Bankshares Inc. boosted its holdings in Alerian MLP Index ETNs due January 28, 2044 by 1.5% in the 4th quarter. Nicolet Bankshares Inc. now owns 205,018 shares of the company’s stock valued at $6,050,000 after purchasing an additional 3,102 shares during the last quarter.

About Alerian MLP Index ETNs due January 28, 2044

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.