Alerian MLP ETN (NYSEARCA:AMJB) Shares Gap Down – What’s Next?

Posted by Francis Steltz on Aug 28th, 2026

Shares of Alerian MLP ETN (NYSEARCA:AMJB – Get Free Report) gapped down before the market opened on Friday . The stock had previously closed at $38.55, but opened at $37.18. Alerian MLP ETN shares last traded at $37.67, with a volume of 4,833 shares traded.

Alerian MLP ETN Stock Down 3.2%

The company has a 50 day moving average price of $36.14 and a 200-day moving average price of $35.29.

Alerian MLP ETN Cuts Dividend

The business also recently disclosed a dividend, which will be paid on Tuesday, September 8th. Investors of record on Friday, August 28th will be issued a $0.4957 dividend. The ex-dividend date of this dividend is Friday, August 28th.

Insider Transactions at Alerian MLP ETN

In related news, insider Robin Leopold sold 2,500 shares of the stock in a transaction dated Tuesday, August 11th. The shares were sold at an average price of $361.41, for a total value of $903,525.00. Following the completion of the transaction, the insider owned 73,547 shares in the company, valued at $26,580,621.27. This represents a 3.29% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at 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 firm’s stock in a transaction dated Monday, June 22nd. The shares were sold at an average price of $330.73, for a total transaction of $1,808,100.91. Following the transaction, the general counsel directly owned 40,961 shares in the company, valued at approximately $13,547,031.53. The trade was 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 Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in the stock. Smallwood Wealth Investment Management LLC increased its stake in shares of Alerian MLP ETN by 1.5% during the second quarter. Smallwood Wealth Investment Management LLC now owns 93,326 shares of the company’s stock valued at $3,219,000 after acquiring an additional 1,424 shares during the period. Parallel Advisors LLC acquired a new stake in Alerian MLP ETN in the fourth quarter worth approximately $151,000. Risk Paradigm Group LLC lifted its position in Alerian MLP ETN by 34.1% in the second quarter. Risk Paradigm Group LLC now owns 150,358 shares of the company’s stock worth $5,186,000 after purchasing an additional 38,210 shares during the period. RPg Family Wealth Advisory LLC boosted its stake in Alerian MLP ETN by 37.4% during the 2nd quarter. RPg Family Wealth Advisory LLC now owns 165,639 shares of the company’s stock valued at $5,713,000 after purchasing an additional 45,061 shares in the last quarter. Finally, JPMorgan Chase & Co. boosted its stake in Alerian MLP ETN by 16.7% during the 4th quarter. JPMorgan Chase & Co. now owns 2,345,023 shares of the company’s stock valued at $70,140,000 after purchasing an additional 335,000 shares in the last quarter.

Alerian MLP ETN Company Profile

(Get Free Report)

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.