Alerian MLP Index ETNs due January 28, 2044 (NYSEARCA:AMJB) Insider Sells $1,808,560.68 in Stock

Posted by Hayley Millar on Jan 18th, 2025

Alerian MLP Index ETNs due January 28, 2044 (NYSEARCA:AMJB – Get Free Report) insider Ashley Bacon sold 7,122 shares of Alerian MLP Index ETNs due January 28, 2044 stock in a transaction on Thursday, January 16th. The stock was sold at an average price of $253.94, for a total value of $1,808,560.68. Following the transaction, the insider now directly owns 219,388 shares of the company’s stock, valued at $55,711,388.72. This trade represents a 3.14 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink.

Alerian MLP Index ETNs due January 28, 2044 Stock Performance

NYSEARCA:AMJB opened at $32.12 on Friday. The firm has a 50-day moving average price of $30.21 and a two-hundred day moving average price of $29.18. Alerian MLP Index ETNs due January 28, 2044 has a twelve month low of $25.84 and a twelve month high of $32.12.

Alerian MLP Index ETNs due January 28, 2044 Increases Dividend

The firm also recently disclosed a dividend, which was paid on Monday, December 9th. Stockholders of record on Friday, November 29th were paid a dividend of $0.4502 per share. This is a boost 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

A hedge fund recently bought a new stake in Alerian MLP Index ETNs due January 28, 2044 stock. NBW Capital LLC bought a new position in Alerian MLP Index ETNs due January 28, 2044 (NYSEARCA:AMJB – Free Report) in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund bought 223,196 shares of the company’s stock, valued at approximately $6,459,000.

Alerian MLP Index ETNs due January 28, 2044 Company Profile

(Get Free Report)

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.