Alerian MLP Index ETNs due January 28, 2044 (NYSEARCA:AMJB) General Counsel Stacey Friedman Sells 3,303 Shares

Alerian MLP Index ETNs due January 28, 2044 (NYSEARCA:AMJB) General Counsel Stacey Friedman sold 3,303 shares of the firm’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 value of $838,763.82. Following the completion of the transaction, the general counsel now owns 47,620 shares of the company’s stock, valued at approximately $12,092,622.80. The trade was a 6.49 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website.

Alerian MLP Index ETNs due January 28, 2044 Price Performance

AMJB traded up $0.61 during trading on Thursday, reaching $32.06. The stock had a trading volume of 60,269 shares, compared to its average volume of 59,397. The stock’s 50 day moving average is $30.09 and its two-hundred day moving average is $29.14. Alerian MLP Index ETNs due January 28, 2044 has a one year low of $25.84 and a one year high of $32.06.

Alerian MLP Index ETNs due January 28, 2044 Increases Dividend

The firm also recently declared a dividend, which was paid on Monday, December 9th. Investors 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 of this dividend 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 holdings 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 Form 13F filing with the SEC. The institutional investor 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.

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.