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 Alerian MLP Index ETNs due January 28, 2044 stock in a transaction that occurred on Thursday, February 20th. The shares were sold at an average price of $269.88, for a total value of $554,063.64. Following the completion of the transaction, the insider now owns 52,534 shares in the company, valued at $14,177,875.92. This trade represents a 3.76 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink.

Alerian MLP Index ETNs due January 28, 2044 Stock Performance

Alerian MLP Index ETNs due January 28, 2044 stock opened at $32.87 on Friday. The stock’s 50 day moving average price is $31.23 and its 200 day moving average price is $29.77. Alerian MLP Index ETNs due January 28, 2044 has a 1-year low of $27.00 and a 1-year high of $33.40.

Alerian MLP Index ETNs due January 28, 2044 Increases Dividend

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

Hedge Funds Weigh In On Alerian MLP Index ETNs due January 28, 2044

Large investors have recently made changes to their positions in the stock. MeadowBrook Investment Advisors LLC grew its holdings in shares of Alerian MLP Index ETNs due January 28, 2044 by 160.4% in the 3rd quarter. MeadowBrook Investment Advisors LLC now owns 8,423 shares of the company’s stock worth $240,000 after acquiring an additional 5,188 shares during the period. Nicolet Bankshares Inc. boosted 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 worth $6,050,000 after purchasing an additional 3,102 shares in the last quarter. Finally, CIBC Private Wealth Group LLC grew its holdings in Alerian MLP Index ETNs due January 28, 2044 by 3.4% in 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 purchasing 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.