Lori A. Beer Sells 2,053 Shares of Alerian MLP Index ETNs due January 28, 2044 (NYSEARCA:AMJB) Stock

Alerian MLP Index ETNs due January 28, 2044 (NYSEARCA:AMJB) insider Lori A. Beer sold 2,053 shares of the firm’s stock in a transaction that occurred on Thursday, February 20th. The shares were sold at an average price of $269.88, for a total value of $554,063.64. Following the completion of the sale, the insider now directly owns 52,534 shares of the company’s stock, valued at $14,177,875.92. This trade represents a 3.76 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at the SEC website.

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

Shares of NYSEARCA:AMJB traded up $0.08 during mid-day trading on Thursday, hitting $33.27. 140,691 shares of the company traded hands, compared to its average volume of 73,433. Alerian MLP Index ETNs due January 28, 2044 has a 12-month low of $27.00 and a 12-month high of $33.40. The stock has a 50-day moving average price of $31.12 and a two-hundred day moving average price of $29.71.

Alerian MLP Index ETNs due January 28, 2044 Increases Dividend

The business also recently announced a dividend, which was paid on Monday, December 9th. Investors of record on Friday, November 29th were given 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 was Friday, November 29th.

Institutional Investors Weigh In On Alerian MLP Index ETNs due January 28, 2044

Several large investors have recently made changes to their positions in the business. 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 buying an additional 3,102 shares during the period. MeadowBrook Investment Advisors LLC boosted its position in Alerian MLP Index ETNs due January 28, 2044 by 160.4% during the third quarter. MeadowBrook Investment Advisors LLC now owns 8,423 shares of the company’s stock worth $240,000 after purchasing an additional 5,188 shares during the period. Finally, CIBC Private Wealth Group LLC boosted its position in shares of 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 valued at $101,663,000 after acquiring an additional 109,965 shares during the period.

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.