Alerian MLP Index ETNs due January 28, 2044 (NYSEARCA:AMJB) CEO Sells $10,119,000.00 in Stock

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 that occurred on 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 transaction, the chief executive officer now owns 158,381 shares of the company’s stock, valued at $42,737,529.04. This represents a 19.14 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website.

Alerian MLP Index ETNs due January 28, 2044 Stock Performance

AMJB opened at $32.87 on Friday. The business has a fifty day simple moving average of $31.23 and a 200 day simple moving average of $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 company also recently declared a dividend, which was paid on Monday, December 9th. Investors of record on Friday, November 29th were paid 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.

Institutional Trading of Alerian MLP Index ETNs due January 28, 2044

Several institutional investors have recently added to or reduced their stakes in AMJB. MeadowBrook Investment Advisors LLC boosted its stake in 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 valued at $240,000 after purchasing an additional 5,188 shares during the period. CIBC Private Wealth Group LLC boosted its stake in Alerian MLP Index ETNs due January 28, 2044 by 3.4% in the 4th 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 period. Finally, Nicolet Bankshares Inc. boosted its stake in Alerian MLP Index ETNs due January 28, 2044 by 1.5% in the 4th quarter. Nicolet Bankshares Inc. now owns 205,018 shares of the company’s stock valued at $6,050,000 after purchasing an additional 3,102 shares during the period.

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.