iPath Select MLP ETN (NYSEARCA:ATMP – Get Free Report) shares hit a new 52-week high during trading on Wednesday . The stock traded as high as $36.78 and last traded at $36.76, with a volume of 11269 shares. The stock had previously closed at $36.44.
iPath Select MLP ETN Stock Down 0.1%
The company’s fifty day simple moving average is $34.42 and its 200 day simple moving average is $31.63.
iPath Select MLP ETN Increases Dividend
The firm also recently announced a quarterly dividend, which will be paid on Monday, June 8th. Stockholders of record on Friday, May 29th will be issued a dividend of $0.4088 per share. The ex-dividend date is Friday, May 29th. This is a positive change from iPath Select MLP ETN’s previous quarterly dividend of $0.39. This represents a $1.64 annualized dividend and a dividend yield of 4.5%.
Hedge Funds Weigh In On iPath Select MLP ETN
iPath Select MLP ETN Company Profile
The Barclays ETN+ Select MLP ETN (ATMP) is an exchange-traded fund that is based on the CIBC Atlas Select MLP VWAP index. The fund tracks a tiered-weighted index consisting of US and Canadian MLPs and general partners of MLPs that are selected based on fundamental criteria. ATMP was launched on Mar 12, 2013 and is issued by Barclays.
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