Alerian MLP Index ETNs due January 28, 2044 (NYSEARCA:AMJB) CEO Sells $31,496,039.52 in Stock

Alerian MLP Index ETNs due January 28, 2044 (NYSEARCA:AMJB) CEO James Dimon sold 133,639 shares of Alerian MLP Index ETNs due January 28, 2044 stock in a transaction dated Monday, April 14th. The stock was sold at an average price of $235.68, for a total transaction of $31,496,039.52. Following the completion of the transaction, the chief executive officer now directly owns 1,321,357 shares of the company’s stock, valued at $311,417,417.76. This trade represents a 9.18 % 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 Price Performance

Shares of AMJB opened at $29.53 on Thursday. Alerian MLP Index ETNs due January 28, 2044 has a twelve month low of $26.65 and a twelve month high of $33.40. The firm has a 50 day moving average of $31.55 and a 200 day moving average of $30.56.

Alerian MLP Index ETNs due January 28, 2044 Increases Dividend

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

Institutional Inflows and Outflows

An institutional investor recently raised its position in Alerian MLP Index ETNs due January 28, 2044 stock. Nicolet Bankshares Inc. increased its stake in Alerian MLP Index ETNs due January 28, 2044 (NYSEARCA:AMJB) by 1.5% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 205,018 shares of the company’s stock after purchasing an additional 3,102 shares during the quarter. Alerian MLP Index ETNs due January 28, 2044 accounts for 1.4% of Nicolet Bankshares Inc.’s portfolio, making the stock its 17th largest position. Nicolet Bankshares Inc.’s holdings in Alerian MLP Index ETNs due January 28, 2044 were worth $6,050,000 as of its most recent filing with the Securities and Exchange Commission.

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.