Alerian MLP ETN (NYSEARCA:AMJB – Get Free Report) announced a dividend on Sunday, August 16th. Investors of record on Friday, August 28th will be given a dividend of 0.4957 per share on Tuesday, September 8th. The ex-dividend date of this dividend is Friday, August 28th.
Alerian MLP ETN Stock Performance
Shares of NYSEARCA AMJB opened at $37.71 on Wednesday. The company’s 50 day simple moving average is $35.95 and its 200 day simple moving average is $35.22. Alerian MLP ETN has a fifty-two week low of $28.00 and a fifty-two week high of $38.01.
Insider Buying and Selling at Alerian MLP ETN
In other Alerian MLP ETN news, insider Robin Leopold sold 2,500 shares of the company’s stock in a transaction on Tuesday, August 11th. The shares were sold at an average price of $361.41, for a total transaction of $903,525.00. Following the completion of the sale, the insider owned 73,547 shares in the company, valued at approximately $26,580,621.27. The trade was a 3.29% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, General Counsel Stacey Friedman sold 5,467 shares of the stock in a transaction on Monday, June 22nd. The shares were sold at an average price of $330.73, for a total value of $1,808,100.91. Following the completion of the transaction, the general counsel directly owned 40,961 shares in the company, valued at approximately $13,547,031.53. This trade represents a 11.78% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.
Institutional Investors Weigh In On Alerian MLP ETN
About Alerian MLP ETN
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.
Further Reading
- Five stocks we like better than Alerian MLP ETN
- Marzetti Stock Confirms Reversal on Earnings Strength, Dividend Growth
- Pathward’s Credit Scare Tests Its Comeback Story
- Wiring the AI Boom: Rumble’s $13.7B Pivot
- StoneX: Too Far Too Fast?
Receive News & Ratings for Alerian MLP ETN Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Alerian MLP ETN and related companies with MarketBeat.com's FREE daily email newsletter.
