Alerian MLP Index ETNs due January 28, 2044 (NYSEARCA:AMJB) Sees Large Volume Increase – What’s Next?

Alerian MLP Index ETNs due January 28, 2044 (NYSEARCA:AMJB) shares saw unusually-strong trading volume on Monday . Approximately 2,153 shares traded hands during mid-day trading, an increase of 2,053% from the previous session’s volume of 100 shares.The stock last traded at $28.80 and had previously closed at $29.11.

Alerian MLP Index ETNs due January 28, 2044 Stock Down 0.3 %

The business’s fifty day moving average is $29.55 and its two-hundred day moving average is $28.91.

Alerian MLP Index ETNs due January 28, 2044 Increases Dividend

The company also recently disclosed a dividend, which was paid on Monday, December 9th. Shareholders 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.

Institutional Investors Weigh In On 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. MeadowBrook Investment Advisors LLC boosted its stake in Alerian MLP Index ETNs due January 28, 2044 (NYSEARCA:AMJB) by 160.4% during the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 8,423 shares of the company’s stock after acquiring an additional 5,188 shares during the period. MeadowBrook Investment Advisors LLC’s holdings in Alerian MLP Index ETNs due January 28, 2044 were worth $240,000 as of its most recent SEC filing.

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.