Alerian MLP Index ETNs due January 28, 2044 (NYSEARCA:AMJB) Insider Sells $506,700.36 in Stock

Alerian MLP Index ETNs due January 28, 2044 (NYSEARCA:AMJB) insider Lori A. Beer sold 2,052 shares of the company’s stock in a transaction that occurred on Monday, March 24th. The stock was sold at an average price of $246.93, for a total transaction of $506,700.36. Following the completion of the transaction, the insider now owns 50,482 shares of the company’s stock, valued at approximately $12,465,520.26. The trade was a 3.91 % decrease in their ownership of the stock. The transaction 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 Performance

AMJB opened at $32.47 on Tuesday. The firm’s fifty day moving average is $32.27 and its 200 day moving average is $30.36. Alerian MLP Index ETNs due January 28, 2044 has a fifty-two week low of $27.00 and a fifty-two 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 Tuesday, March 11th. Stockholders of record on Monday, March 3rd were paid a $0.4752 dividend. This is a positive change from Alerian MLP Index ETNs due January 28, 2044’s previous dividend of $0.45. The ex-dividend date was Monday, March 3rd.

Institutional Trading of 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. Nicolet Bankshares Inc. raised its stake in Alerian MLP Index ETNs due January 28, 2044 (NYSEARCA:AMJB) by 1.5% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 205,018 shares of the company’s stock after acquiring an additional 3,102 shares during the period. Alerian MLP Index ETNs due January 28, 2044 makes up 1.4% of Nicolet Bankshares Inc.’s portfolio, making the stock its 17th largest holding. Nicolet Bankshares Inc.’s holdings in Alerian MLP Index ETNs due January 28, 2044 were worth $6,050,000 as of its most recent filing with the SEC.

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.