Alerian MLP Index ETNs due January 28, 2044 (NYSEARCA:AMJB) CEO Sells $10,119,000.00 in Stock

Alerian MLP Index ETNs due January 28, 2044 (NYSEARCA:AMJB) CEO Troy L. Rohrbaugh sold 37,500 shares of the business’s stock in a transaction dated Thursday, February 20th. The stock was sold at an average price of $269.84, for a total transaction of $10,119,000.00. Following the sale, the chief executive officer now directly owns 158,381 shares of the company’s stock, valued at approximately $42,737,529.04. The trade was a 19.14 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website.

Alerian MLP Index ETNs due January 28, 2044 Trading Up 0.2 %

Alerian MLP Index ETNs due January 28, 2044 stock traded up $0.08 during trading on Thursday, hitting $33.27. 140,691 shares of the company were exchanged, compared to its average volume of 73,433. Alerian MLP Index ETNs due January 28, 2044 has a 52 week low of $27.00 and a 52 week high of $33.40. The business’s 50 day moving average is $31.12 and its 200 day moving average is $29.71.

Alerian MLP Index ETNs due January 28, 2044 Increases Dividend

The company 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 of this dividend was Friday, November 29th.

Institutional Trading of Alerian MLP Index ETNs due January 28, 2044

A number of hedge funds have recently bought and sold shares of AMJB. MeadowBrook Investment Advisors LLC boosted its position in shares of Alerian MLP Index ETNs due January 28, 2044 by 160.4% in the third quarter. MeadowBrook Investment Advisors LLC now owns 8,423 shares of the company’s stock valued at $240,000 after acquiring an additional 5,188 shares during the period. Nicolet Bankshares Inc. grew its position in Alerian MLP Index ETNs due January 28, 2044 by 1.5% during the fourth quarter. Nicolet Bankshares Inc. now owns 205,018 shares of the company’s stock valued at $6,050,000 after acquiring an additional 3,102 shares during the last quarter. Finally, CIBC Private Wealth Group LLC lifted its stake in Alerian MLP Index ETNs due January 28, 2044 by 3.4% in the fourth quarter. CIBC Private Wealth Group LLC now owns 3,337,595 shares of the company’s stock worth $101,663,000 after purchasing an additional 109,965 shares during 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.