Alerian MLP Index ETNs due January 28, 2044 (NYSEARCA:AMJB) CEO Sells $6,175,500.00 in Stock

Posted by Francis Steltz on Mar 24th, 2025

Alerian MLP Index ETNs due January 28, 2044 (NYSEARCA:AMJB – Get Free Report) CEO Troy L. Rohrbaugh sold 25,000 shares of the firm’s stock in a transaction that occurred on Monday, March 24th. The stock was sold at an average price of $247.02, for a total transaction of $6,175,500.00. Following the transaction, the chief executive officer now directly owns 133,381 shares of the company’s stock, valued at $32,947,774.62. This represents a 15.78 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website.

Alerian MLP Index ETNs due January 28, 2044 Trading Up 0.4 %

Shares of NYSEARCA:AMJB traded up $0.12 during midday trading on Monday, reaching $32.47. 54,975 shares of the company’s stock traded hands, compared to its average volume of 85,430. Alerian MLP Index ETNs due January 28, 2044 has a 1 year low of $27.00 and a 1 year high of $33.40. The company has a fifty day simple moving average of $32.23 and a two-hundred day simple moving average of $30.33.

Alerian MLP Index ETNs due January 28, 2044 Increases Dividend

The company also recently declared a dividend, which was paid on Tuesday, March 11th. Stockholders of record on Monday, March 3rd were given a dividend of $0.4752 per share. This is a boost from Alerian MLP Index ETNs due January 28, 2044’s previous dividend of $0.45. The ex-dividend date was Monday, March 3rd.

Hedge Funds Weigh In On 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. CIBC Private Wealth Group LLC raised its stake in Alerian MLP Index ETNs due January 28, 2044 (NYSEARCA:AMJB – Free Report) by 3.4% during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 3,337,595 shares of the company’s stock after purchasing an additional 109,965 shares during the period. CIBC Private Wealth Group LLC owned 0.12% of Alerian MLP Index ETNs due January 28, 2044 worth $101,663,000 as of its most recent SEC filing.

About Alerian MLP Index ETNs due January 28, 2044

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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.