Stacey Friedman Sells 3,303 Shares of Alerian MLP Index ETNs due January 28, 2044 (NYSEARCA:AMJB) Stock

Alerian MLP Index ETNs due January 28, 2044 (NYSEARCA:AMJB) General Counsel Stacey Friedman sold 3,303 shares of the firm’s stock in a transaction on Thursday, January 16th. The shares were sold at an average price of $253.94, for a total transaction of $838,763.82. Following the sale, the general counsel now owns 47,620 shares in the company, valued at $12,092,622.80. The trade was a 6.49 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink.

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

Shares of Alerian MLP Index ETNs due January 28, 2044 stock opened at $32.12 on Friday. The company has a fifty day moving average of $30.21 and a 200 day moving average of $29.18. Alerian MLP Index ETNs due January 28, 2044 has a fifty-two week low of $25.84 and a fifty-two week high of $32.12.

Alerian MLP Index ETNs due January 28, 2044 Increases Dividend

The firm also recently disclosed a dividend, which was paid on Monday, December 9th. Stockholders of record on Friday, November 29th were paid a $0.4502 dividend. This is a positive change from Alerian MLP Index ETNs due January 28, 2044’s previous dividend of $0.44. The ex-dividend date was Friday, November 29th.

Institutional Trading of Alerian MLP Index ETNs due January 28, 2044

A hedge fund recently raised its stake in Alerian MLP Index ETNs due January 28, 2044 stock. MeadowBrook Investment Advisors LLC boosted its stake in shares of Alerian MLP Index ETNs due January 28, 2044 (NYSEARCA:AMJB) by 160.4% in the 3rd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 8,423 shares of the company’s stock after acquiring 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 at the end of the most recent 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.