Lori A. Beer Sells 2,052 Shares of Alerian MLP Index ETNs due January 28, 2044 (NYSEARCA:AMJB) Stock

Alerian MLP Index ETNs due January 28, 2044 (NYSEARCA:AMJB) insider Lori A. Beer sold 2,052 shares of the business’s stock in a transaction that occurred on Monday, March 24th. The stock was sold at an average price of $246.93, for a total value of $506,700.36. Following the transaction, the insider now directly owns 50,482 shares in the company, valued at approximately $12,465,520.26. This trade represents a 3.91 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink.

Alerian MLP Index ETNs due January 28, 2044 Stock Up 0.4 %

Shares of AMJB stock traded up $0.12 during trading on Monday, reaching $32.47. 54,975 shares of the company’s stock were exchanged, compared to its average volume of 85,430. 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 firm’s fifty day moving average price is $32.23 and its 200-day moving average price is $30.33.

Alerian MLP Index ETNs due January 28, 2044 Increases Dividend

The business also recently disclosed a dividend, which was paid on Tuesday, March 11th. Shareholders of record on Monday, March 3rd were issued a $0.4752 dividend. This is an increase from Alerian MLP Index ETNs due January 28, 2044’s previous dividend of $0.45. The ex-dividend date of this dividend was Monday, March 3rd.

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

An institutional investor recently raised its position in Alerian MLP Index ETNs due January 28, 2044 stock. CIBC Private Wealth Group LLC boosted its stake in Alerian MLP Index ETNs due January 28, 2044 (NYSEARCA:AMJB) by 3.4% during the fourth quarter, according to the company in its most recent filing with the SEC. The fund owned 3,337,595 shares of the company’s stock after buying an additional 109,965 shares during the period. CIBC Private Wealth Group LLC owned approximately 0.12% of Alerian MLP Index ETNs due January 28, 2044 worth $101,663,000 as of its most recent filing with the SEC.

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.