Alerian MLP Index ETNs due January 28, 2044 (NYSEARCA:AMJB) Insider Ashley Bacon Sells 5,086 Shares

Alerian MLP Index ETNs due January 28, 2044 (NYSEARCA:AMJB) insider Ashley Bacon sold 5,086 shares of the business’s stock in a transaction dated Wednesday, May 8th. The stock was sold at an average price of $193.64, for a total value of $984,853.04. Following the sale, the insider now owns 217,351 shares in the company, valued at $42,087,847.64. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink.

Alerian MLP Index ETNs due January 28, 2044 Stock Up 0.6 %

Shares of AMJB stock opened at $28.72 on Thursday. The company has a 50-day moving average of $28.09. Alerian MLP Index ETNs due January 28, 2044 has a 1-year low of $25.84 and a 1-year high of $31.90.

Alerian MLP Index ETNs due January 28, 2044 Dividend Announcement

The company also recently declared an annual dividend, which was paid on Friday, March 8th. Shareholders of record on Thursday, February 29th were issued a dividend of $0.4227 per share. The ex-dividend date of this dividend was Wednesday, February 28th. This represents a yield of 1.52%.

About Alerian MLP Index ETNs due January 28, 2044

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.