Insider Selling: Alerian MLP Index ETNs due January 28, 2044 (NYSEARCA:AMJB) General Counsel Sells 3,303 Shares of Stock

Posted by Gary Stephens on Jan 19th, 2025

Alerian MLP Index ETNs due January 28, 2044 (NYSEARCA:AMJB – Get Free Report) General Counsel Stacey Friedman sold 3,303 shares of the 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 directly owns 47,620 shares of the company’s stock, valued at $12,092,622.80. This trade represents a 6.49 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website.

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

AMJB stock opened at $32.12 on Friday. The company has a 50 day simple moving average of $30.21 and a 200 day simple moving average of $29.18. Alerian MLP Index ETNs due January 28, 2044 has a 1 year low of $25.84 and a 1 year high of $32.12.

Alerian MLP Index ETNs due January 28, 2044 Increases Dividend

The business also recently declared a dividend, which was paid on Monday, December 9th. Stockholders of record on Friday, November 29th were issued a dividend of $0.4502 per share. The ex-dividend date was Friday, November 29th. This is an increase from Alerian MLP Index ETNs due January 28, 2044’s previous dividend of $0.44.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in Alerian MLP Index ETNs due January 28, 2044 stock. NBW Capital LLC acquired a new stake in Alerian MLP Index ETNs due January 28, 2044 (NYSEARCA:AMJB – Free Report) in the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor acquired 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.