Tiedemann Wealth Management LLC increased its position in JPMorgan Alerian MLP ETN (NYSEARCA:AMJ) by 10.4% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 99,800 shares of the exchange traded fund’s stock after purchasing an additional 9,379 shares during the quarter. Tiedemann Wealth Management LLC owned 0.08% of JPMorgan Alerian MLP ETN worth $1,811,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also recently made changes to their positions in AMJ. Harbour Capital Advisors LLC boosted its stake in JPMorgan Alerian MLP ETN by 2,870.0% during the 2nd quarter. Harbour Capital Advisors LLC now owns 54,945 shares of the exchange traded fund’s stock valued at $1,850,000 after acquiring an additional 53,095 shares during the last quarter. Alpha Cubed Investments LLC boosted its stake in JPMorgan Alerian MLP ETN by 25.3% during the 2nd quarter. Alpha Cubed Investments LLC now owns 117,297 shares of the exchange traded fund’s stock valued at $3,484,000 after acquiring an additional 23,676 shares during the last quarter. Mariner Investment Group LLC bought a new position in JPMorgan Alerian MLP ETN during the 2nd quarter valued at $11,583,000. Country Trust Bank boosted its stake in JPMorgan Alerian MLP ETN by 5.6% during the 2nd quarter. Country Trust Bank now owns 167,459 shares of the exchange traded fund’s stock valued at $4,974,000 after acquiring an additional 8,820 shares during the last quarter. Finally, Stratford Consulting LLC boosted its stake in JPMorgan Alerian MLP ETN by 6.5% during the 2nd quarter. Stratford Consulting LLC now owns 209,180 shares of the exchange traded fund’s stock valued at $6,213,000 after acquiring an additional 12,680 shares during the last quarter.

JPMorgan Alerian MLP ETN (NYSEARCA:AMJ) traded down $0.61 during midday trading on Wednesday, reaching $25.38. 3,305,500 shares of the company’s stock were exchanged, compared to its average volume of 2,006,245. JPMorgan Alerian MLP ETN has a 12-month low of $25.33 and a 12-month high of $34.41.

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, December 7th. Shareholders of record on Wednesday, November 29th will be paid a dividend of $0.4741 per share. The ex-dividend date of this dividend is Tuesday, November 28th. This represents a $1.90 dividend on an annualized basis and a yield of 7.47%.

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Institutional Ownership by Quarter for JPMorgan Alerian MLP ETN (NYSEARCA:AMJ)

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