Alerian MLP Index ETNs due January 28, 2044 (NYSEARCA:AMJB) COO Jennifer Piepszak Sells 4,273 Shares

Alerian MLP Index ETNs due January 28, 2044 (NYSEARCA:AMJB) COO Jennifer Piepszak sold 4,273 shares of the company’s stock in a transaction that occurred on Thursday, February 20th. The stock was 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 approximately $14,698,459.65. This represents a 7.27 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through the SEC website.

Alerian MLP Index ETNs due January 28, 2044 Stock Performance

Shares of AMJB stock opened at $32.87 on Friday. The firm’s 50 day moving average price is $31.23 and its 200-day moving average price is $29.77. Alerian MLP Index ETNs due January 28, 2044 has a one year low of $27.00 and a one year high of $33.40.

Alerian MLP Index ETNs due January 28, 2044 Increases Dividend

The business also recently disclosed a dividend, which was paid on Monday, December 9th. Stockholders 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 of this dividend was Friday, November 29th.

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

Several large investors have recently made changes to their positions in the stock. Nicolet Bankshares Inc. lifted its holdings in 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 buying an additional 3,102 shares in the last quarter. CIBC Private Wealth Group LLC lifted its holdings in 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 buying an additional 109,965 shares in the last quarter. Finally, MeadowBrook Investment Advisors LLC lifted its holdings in 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 buying an additional 5,188 shares in the last quarter.

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.