Insider Selling: Alerian MLP Index ETNs due January 28, 2044 (NYSEARCA:AMJB) Insider Sells $1,808,560.68 in Stock

Posted by Alphonse Anthony 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 business’s stock in a transaction that occurred 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 completion of the transaction, the insider now directly owns 219,388 shares of the company’s stock, valued at approximately $55,711,388.72. This represents a 3.14 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink.

Alerian MLP Index ETNs due January 28, 2044 Stock Performance

Alerian MLP Index ETNs due January 28, 2044 stock opened at $32.12 on Friday. Alerian MLP Index ETNs due January 28, 2044 has a 1 year low of $25.84 and a 1 year high of $32.12. The firm has a 50 day moving average price of $30.21 and a 200 day moving average price of $29.18.

Alerian MLP Index ETNs due January 28, 2044 Increases Dividend

The firm also recently disclosed a dividend, which was paid on Monday, December 9th. Stockholders of record on Friday, November 29th were given a $0.4502 dividend. The ex-dividend date of this dividend was Friday, November 29th. This is a positive change from Alerian MLP Index ETNs due January 28, 2044’s previous dividend of $0.44.

Institutional Investors 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. MeadowBrook Investment Advisors LLC lifted its holdings in Alerian MLP Index ETNs due January 28, 2044 (NYSEARCA:AMJB – Free Report) by 160.4% in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 8,423 shares of the company’s stock after acquiring an additional 5,188 shares during the period. MeadowBrook Investment Advisors LLC’s holdings in Alerian MLP Index ETNs due January 28, 2044 were worth $240,000 as of its most recent SEC filing.

Alerian MLP Index ETNs due January 28, 2044 Company Profile

(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.