Marianne Lake Sells 4,233 Shares of Alerian MLP Index ETNs due January 28, 2044 (NYSEARCA:AMJB) Stock

Posted by Doug Wharley on Jan 17th, 2025

Alerian MLP Index ETNs due January 28, 2044 (NYSEARCA:AMJB – Get Free Report) CEO Marianne Lake sold 4,233 shares of the stock in a transaction on Thursday, January 16th. The shares were sold at an average price of $254.00, for a total value of $1,075,182.00. Following the completion of the transaction, the chief executive officer now owns 118,507 shares of the company’s stock, valued at $30,100,778. The trade was a 3.45 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink.

Alerian MLP Index ETNs due January 28, 2044 Stock Up 1.9 %

Shares of AMJB opened at $32.06 on Friday. Alerian MLP Index ETNs due January 28, 2044 has a 12-month low of $25.84 and a 12-month high of $32.06. The business has a 50-day simple moving average of $30.09 and a two-hundred day simple moving average of $29.14.

Alerian MLP Index ETNs due January 28, 2044 Increases Dividend

The firm also recently disclosed a dividend, which was paid on Monday, December 9th. Investors 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 a positive change 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 hedge fund recently bought a new stake in Alerian MLP Index ETNs due January 28, 2044 stock. NBW Capital LLC purchased a new stake in Alerian MLP Index ETNs due January 28, 2044 (NYSEARCA:AMJB – Free Report) during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund purchased 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.