Insider Selling: Alerian MLP Index ETNs due January 28, 2044 (NYSEARCA:AMJB) COO Sells 4,273 Shares of Stock

Alerian MLP Index ETNs due January 28, 2044 (NYSEARCA:AMJB) COO Jennifer Piepszak sold 4,273 shares of the company’s stock in a transaction that occurred on Thursday, February 20th. The stock was sold at an average price of $269.85, for a total transaction of $1,153,069.05. Following the completion of the sale, the chief operating officer now directly owns 54,469 shares of the company’s stock, valued at $14,698,459.65. The trade was a 7.27 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink.

Alerian MLP Index ETNs due January 28, 2044 Price Performance

Shares of AMJB stock opened at $32.87 on Friday. 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 company’s 50 day moving average is $31.18 and its 200 day moving average is $29.73.

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 $0.4502 dividend. The ex-dividend date of this dividend was Friday, November 29th. This is an increase from Alerian MLP Index ETNs due January 28, 2044’s previous dividend of $0.44.

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

A number of hedge funds have recently made changes to their positions in the stock. Nicolet Bankshares Inc. boosted its stake in Alerian MLP Index ETNs due January 28, 2044 by 1.5% in 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 in the last quarter. MeadowBrook Investment Advisors LLC increased its position in shares of 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 in the last quarter. Finally, CIBC Private Wealth Group LLC lifted its holdings in shares of Alerian MLP Index ETNs due January 28, 2044 by 3.4% during the 4th quarter. CIBC Private Wealth Group LLC now owns 3,337,595 shares of the company’s stock valued at $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.