Alerian MLP Index ETNs due January 28, 2044 (NYSEARCA:AMJB) Sees Unusually-High Trading Volume – Time to Buy?

Alerian MLP Index ETNs due January 28, 2044 (NYSEARCA:AMJBGet Free Report) shares saw unusually-strong trading volume on Monday . Approximately 3,777 shares traded hands during mid-day trading, an increase of 3,677% from the previous session’s volume of 100 shares.The stock last traded at $29.07 and had previously closed at $29.33.

Alerian MLP Index ETNs due January 28, 2044 Stock Performance

The company’s 50-day simple moving average is $29.62 and its 200-day simple moving average is $28.97.

Alerian MLP Index ETNs due January 28, 2044 Increases Dividend

The firm also recently declared a dividend, which was paid on Monday, December 9th. Shareholders of record on Friday, November 29th were paid a dividend of $0.4502 per share. The ex-dividend date was Friday, November 29th. This is a positive change from Alerian MLP Index ETNs due January 28, 2044’s previous dividend of $0.44.

Institutional Trading of Alerian MLP Index ETNs due January 28, 2044

A hedge fund recently raised its stake in Alerian MLP Index ETNs due January 28, 2044 stock. MeadowBrook Investment Advisors LLC lifted its holdings in shares of Alerian MLP Index ETNs due January 28, 2044 (NYSEARCA:AMJBFree Report) by 160.4% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 8,423 shares of the company’s stock after acquiring an additional 5,188 shares during the quarter. MeadowBrook Investment Advisors LLC’s holdings in Alerian MLP Index ETNs due January 28, 2044 were worth $240,000 as of its most recent filing with the Securities and Exchange Commission.

About Alerian MLP Index ETNs due January 28, 2044

(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.

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