Alerian MLP Index ETNs due January 28, 2044 (NYSEARCA:AMJB) CEO Troy L. Rohrbaugh Sells 37,500 Shares

Alerian MLP Index ETNs due January 28, 2044 (NYSEARCA:AMJB) CEO Troy L. Rohrbaugh sold 37,500 shares of Alerian MLP Index ETNs due January 28, 2044 stock in a transaction dated Thursday, February 20th. The stock was sold at an average price of $269.84, for a total value of $10,119,000.00. Following the completion of the transaction, the chief executive officer now directly owns 158,381 shares in the company, valued at $42,737,529.04. This represents a 19.14 % decrease in their position. The sale was disclosed in a filing with the SEC, which is available through this hyperlink.

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

Shares of AMJB opened at $33.27 on Friday. The company has a 50-day moving average of $31.12 and a two-hundred day moving average of $29.71. Alerian MLP Index ETNs due January 28, 2044 has a one year low of $27.00 and a one year high of $33.40.

Alerian MLP Index ETNs due January 28, 2044 Increases Dividend

The company also recently declared a dividend, which was paid on Monday, December 9th. Investors of record on Friday, November 29th were given a $0.4502 dividend. 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.

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

Several institutional investors and hedge funds have recently added to or reduced their stakes in AMJB. MeadowBrook Investment Advisors LLC boosted its position in Alerian MLP Index ETNs due January 28, 2044 by 160.4% during 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. lifted its position in shares of Alerian MLP Index ETNs due January 28, 2044 by 1.5% in 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 lifted its position in shares of 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 worth $101,663,000 after purchasing an additional 109,965 shares in 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.