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 $31.23 and last traded at $31.19, with a volume of 48621 shares traded. The stock had previously closed at $31.14.
iPath Select MLP ETN Price Performance
The firm has a 50 day moving average price of $29.25 and a two-hundred day moving average price of $28.79.
iPath Select MLP ETN Increases Dividend
The company also recently declared a quarterly dividend, which was paid on Tuesday, December 9th. Stockholders of record on Monday, December 1st were given a $0.3981 dividend. This is an increase from iPath Select MLP ETN’s previous quarterly dividend of $0.38. The ex-dividend date was Monday, December 1st. This represents a $1.59 dividend on an annualized basis and a dividend yield of 5.1%.
Hedge Funds Weigh In On iPath Select MLP ETN
About iPath Select MLP ETN
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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