Alerian MLP ETN (NYSEARCA:AMJB) CFO Jeremy Barnum Sells 2,892 Shares

Alerian MLP ETN (NYSEARCA:AMJB) CFO Jeremy Barnum sold 2,892 shares of the company’s stock in a transaction that occurred on Tuesday, February 17th. The shares were sold at an average price of $306.42, for a total transaction of $886,166.64. Following the transaction, the chief financial officer directly owned 23,804 shares in the company, valued at $7,294,021.68. The trade was a 10.83% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this link.

Jeremy Barnum also recently made the following trade(s):

• On Friday, January 16th, Jeremy Barnum sold 2,893 shares of Alerian MLP ETN stock. The stock was sold at an average price of $312.79, for a total transaction of $904,901.47.

Alerian MLP ETN Trading Down 0.6%

Shares of Alerian MLP ETN stock traded down $0.21 during trading hours on Tuesday, reaching $34.13. 28,434 shares of the company’s stock were exchanged, compared to its average volume of 41,101. Alerian MLP ETN has a 52-week low of $26.65 and a 52-week high of $34.34. The company has a fifty day moving average of $31.29 and a 200-day moving average of $30.42.

Alerian MLP ETN Increases Dividend

The business also recently disclosed a dividend, which was paid on Tuesday, December 9th. Stockholders of record on Monday, December 1st were paid a dividend of $0.5006 per share. The ex-dividend date of this dividend was Monday, December 1st. This is an increase from Alerian MLP ETN’s previous dividend of $0.49.

Hedge Funds Weigh In On Alerian MLP ETN

A number of large investors have recently modified their holdings of the company. Parallel Advisors LLC acquired a new position in Alerian MLP ETN during the fourth quarter valued at approximately $151,000. MeadowBrook Investment Advisors LLC boosted its position in Alerian MLP ETN by 23.1% in the 2nd quarter. MeadowBrook Investment Advisors LLC now owns 5,960 shares of the company’s stock valued at $180,000 after buying an additional 1,120 shares during the last quarter. Wellspring Financial Advisors LLC purchased a new position in Alerian MLP ETN in the 2nd quarter valued at about $1,141,000. Lake Street Private Wealth LLC grew its stake in shares of Alerian MLP ETN by 31.6% during the third quarter. Lake Street Private Wealth LLC now owns 133,560 shares of the company’s stock valued at $3,943,000 after acquiring an additional 32,075 shares in the last quarter. Finally, Nicolet Bankshares Inc. increased its position in shares of Alerian MLP ETN by 1.0% during the third quarter. Nicolet Bankshares Inc. now owns 194,978 shares of the company’s stock worth $5,756,000 after acquiring an additional 1,994 shares during the last quarter.

Alerian MLP ETN 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.