Alerian MLP Index ETNs due January 28, 2044 (NYSEARCA:AMJB) Shares Bought by CIBC Private Wealth Group LLC

CIBC Private Wealth Group LLC lifted its stake in shares of Alerian MLP Index ETNs due January 28, 2044 (NYSEARCA:AMJB) by 3.4% during the fourth quarter, Holdings Channel.com reports. The fund owned 3,337,595 shares of the company’s stock after purchasing an additional 109,965 shares during the period. CIBC Private Wealth Group LLC’s holdings in Alerian MLP Index ETNs due January 28, 2044 were worth $101,663,000 at the end of the most recent reporting period.

Insiders Place Their Bets

In other Alerian MLP Index ETNs due January 28, 2044 news, CEO Troy L. Rohrbaugh sold 25,000 shares of the business’s stock in a transaction dated Monday, March 24th. The stock was sold at an average price of $247.02, for a total transaction of $6,175,500.00. Following the sale, the chief executive officer now owns 133,381 shares in the company, valued at approximately $32,947,774.62. The trade was a 15.78 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, General Counsel Stacey Friedman sold 3,303 shares of the firm’s stock in a transaction dated Thursday, January 16th. The stock was sold at an average price of $253.94, for a total transaction 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 ownership of the stock. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 89,808 shares of company stock worth $23,286,152.

Alerian MLP Index ETNs due January 28, 2044 Price Performance

Shares of NYSEARCA AMJB opened at $32.62 on Monday. 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 has a 50-day moving average of $32.34 and a two-hundred day moving average of $30.49.

Alerian MLP Index ETNs due January 28, 2044 Increases Dividend

The firm also recently announced a dividend, which was paid on Tuesday, March 11th. Investors of record on Monday, March 3rd were issued a dividend of $0.4752 per share. This is a boost from Alerian MLP Index ETNs due January 28, 2044’s previous dividend of $0.45. The ex-dividend date was Monday, March 3rd.

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.