Lori A. Beer Sells 2,053 Shares of Alerian MLP Index ETNs due January 28, 2044 (NYSEARCA:AMJB) Stock

Alerian MLP Index ETNs due January 28, 2044 (NYSEARCA:AMJB) insider Lori A. Beer sold 2,053 shares of the stock in a transaction that occurred on Thursday, February 20th. The shares were sold at an average price of $269.88, for a total transaction of $554,063.64. Following the transaction, the insider now owns 52,534 shares in the company, valued at approximately $14,177,875.92. This represents a 3.76 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this link.

Alerian MLP Index ETNs due January 28, 2044 Trading Down 1.2 %

NYSEARCA AMJB opened at $32.87 on Friday. The firm’s 50 day moving average price is $31.18 and its 200-day moving average price is $29.73. Alerian MLP Index ETNs due January 28, 2044 has a 52-week low of $27.00 and a 52-week high of $33.40.

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 dividend of $0.4502 per share. The ex-dividend date 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

Hedge funds and other institutional investors have recently bought and sold shares of the company. MeadowBrook Investment Advisors LLC lifted its position in 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 valued at $240,000 after acquiring an additional 5,188 shares during the last quarter. Nicolet Bankshares Inc. lifted its position in Alerian MLP Index ETNs due January 28, 2044 by 1.5% during 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 during the last quarter. Finally, CIBC Private Wealth Group LLC lifted its position in Alerian MLP Index ETNs due January 28, 2044 by 3.4% during the fourth quarter. CIBC Private Wealth Group LLC now owns 3,337,595 shares of the company’s stock valued at $101,663,000 after acquiring an additional 109,965 shares during the last quarter.

About Alerian MLP Index ETNs due January 28, 2044

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.