Alerian MLP Index ETNs due January 28, 2044 (NYSEARCA:AMJB) CEO Marianne Lake Sells 4,233 Shares

Alerian MLP Index ETNs due January 28, 2044 (NYSEARCA:AMJB) CEO Marianne Lake sold 4,233 shares of the business’s stock in a transaction dated Thursday, January 16th. The shares were sold at an average price of $254.00, for a total value of $1,075,182.00. Following the completion of the sale, the chief executive officer now directly owns 118,507 shares of the company’s stock, valued at $30,100,778. The trade was a 3.45 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.

Alerian MLP Index ETNs due January 28, 2044 Price Performance

Shares of NYSEARCA:AMJB traded up $0.61 during trading on Thursday, reaching $32.06. 60,269 shares of the stock were exchanged, compared to its average volume of 59,397. The stock has a fifty day moving average of $30.09 and a two-hundred day moving average of $29.14. Alerian MLP Index ETNs due January 28, 2044 has a 1-year low of $25.84 and a 1-year high of $32.06.

Alerian MLP Index ETNs due January 28, 2044 Increases Dividend

The firm also recently disclosed a dividend, which was paid on Monday, December 9th. Shareholders of record on Friday, November 29th were paid 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.

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 raised its stake in shares of Alerian MLP Index ETNs due January 28, 2044 (NYSEARCA:AMJB) by 160.4% in the third quarter, according to its most recent 13F filing with the SEC. The fund owned 8,423 shares of the company’s stock after purchasing 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.

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.