Shares of iPath Select MLP ETN (BATS:ATMP – Get Free Report) traded down 3% during mid-day trading on Monday. The stock traded as low as $35.72 and last traded at $35.72. Approximately 4,286 shares were traded during mid-day trading, a decline of 80% from the average session volume of 21,113 shares. The stock had previously closed at $36.83.
iPath Select MLP ETN Price Performance
The stock’s 50-day moving average is $35.81 and its 200 day moving average is $34.69.
iPath Select MLP ETN Cuts Dividend
The firm also recently declared a quarterly dividend, which was paid on Tuesday, September 8th. Shareholders of record on Friday, August 28th were issued a $0.40 dividend. This represents a $1.60 annualized dividend and a dividend yield of 4.6%. This is a decrease from iPath Select MLP ETN’s previous quarterly dividend of $0.4088. The ex-dividend date was Friday, August 28th.
About iPath Select MLP ETN
The Barclays ETN+ Select MLP ETN (ATMP) is an exchange-traded fund that is based on the CIBC Atlas Select MLP VWAP index. The fund tracks a tiered-weighted index consisting of US and Canadian MLPs and general partners of MLPs that are selected based on fundamental criteria. ATMP was launched on Mar 12, 2013 and is issued by Barclays.
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