Alerian MLP Index ETNs due January 28, 2044 (NYSEARCA:AMJB) Sees Unusually-High Trading Volume – Here’s Why

Alerian MLP Index ETNs due January 28, 2044 (NYSEARCA:AMJB) saw an uptick in trading volume on Monday . 2,062 shares changed hands during mid-day trading, an increase of 1,962% from the previous session’s volume of 100 shares.The stock last traded at $30.19 and had previously closed at $30.26.

Alerian MLP Index ETNs due January 28, 2044 Price Performance

The business’s 50-day simple moving average is $29.52 and its 200-day simple moving average is $28.86.

Alerian MLP Index ETNs due January 28, 2044 Increases Dividend

The company also recently disclosed a dividend, which was paid on Monday, December 9th. Shareholders of record on Friday, November 29th were given a $0.4502 dividend. 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

An institutional investor recently raised its position in Alerian MLP Index ETNs due January 28, 2044 stock. MeadowBrook Investment Advisors LLC grew its stake in shares of Alerian MLP Index ETNs due January 28, 2044 (NYSEARCA:AMJB) by 160.4% during the third quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 8,423 shares of the company’s stock after purchasing an additional 5,188 shares during the period. MeadowBrook Investment Advisors LLC’s holdings in Alerian MLP Index ETNs due January 28, 2044 were worth $240,000 as of its most recent SEC filing.

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.