Troy L. Rohrbaugh Sells 37,500 Shares of Alerian MLP Index ETNs due January 28, 2044 (NYSEARCA:AMJB) 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 dated Thursday, February 20th. The shares were 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 of the company’s stock, valued at $42,737,529.04. This represents a 19.14 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website.

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

Shares of NYSEARCA:AMJB traded up $0.08 during midday trading on Thursday, hitting $33.27. The company had a trading volume of 140,691 shares, compared to its average volume of 73,433. Alerian MLP Index ETNs due January 28, 2044 has a 12 month low of $27.00 and a 12 month high of $33.40. The firm has a fifty day simple moving average of $31.12 and a 200 day simple moving average of $29.71.

Alerian MLP Index ETNs due January 28, 2044 Increases Dividend

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

Institutional Investors Weigh In On Alerian MLP Index ETNs due January 28, 2044

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. 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 position in shares of Alerian MLP Index ETNs due January 28, 2044 by 3.4% during the 4th quarter. CIBC Private Wealth Group LLC now owns 3,337,595 shares of the company’s stock worth $101,663,000 after acquiring an additional 109,965 shares in the last quarter. Finally, Nicolet Bankshares Inc. boosted its stake in 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 valued at $6,050,000 after buying an additional 3,102 shares in the last quarter.

Alerian MLP Index ETNs due January 28, 2044 Company Profile

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.