Twin Capital Management Inc. lowered its position in shares of JPMorgan Alerian MLP ETN (NYSEARCA:AMJ) by 32.0% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 77,305 shares of the exchange traded fund’s stock after selling 36,410 shares during the quarter. Twin Capital Management Inc.’s holdings in JPMorgan Alerian MLP ETN were worth $2,182,000 as of its most recent SEC filing.

Several other institutional investors have also recently made changes to their positions in the business. Solaris Asset Management LLC increased its holdings in shares of JPMorgan Alerian MLP ETN by 1.1% in the second quarter. Solaris Asset Management LLC now owns 3,845 shares of the exchange traded fund’s stock valued at $114,000 after purchasing an additional 40 shares during the last quarter. Northwestern Mutual Wealth Management Co. increased its holdings in shares of JPMorgan Alerian MLP ETN by 141.8% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 5,151 shares of the exchange traded fund’s stock valued at $153,000 after purchasing an additional 3,021 shares during the last quarter. Litman Gregory Asset Management LLC acquired a new stake in shares of JPMorgan Alerian MLP ETN in the third quarter valued at approximately $157,000. Bank of New York Mellon Corp acquired a new stake in shares of JPMorgan Alerian MLP ETN in the third quarter valued at approximately $215,000. Finally, Lenox Wealth Management Inc. increased its holdings in shares of JPMorgan Alerian MLP ETN by 17.3% in the second quarter. Lenox Wealth Management Inc. now owns 7,895 shares of the exchange traded fund’s stock valued at $234,000 after purchasing an additional 1,164 shares during the last quarter.

JPMorgan Alerian MLP ETN (NYSEARCA AMJ) traded up $0.38 during trading hours on Friday, hitting $26.62. The company had a trading volume of 4,619,636 shares, compared to its average volume of 2,055,898. JPMorgan Alerian MLP ETN has a 12-month low of $24.93 and a 12-month high of $34.41.

The business also recently declared a quarterly dividend, which will be paid on Thursday, December 7th. Investors of record on Wednesday, November 29th will be issued a $0.4741 dividend. The ex-dividend date of this dividend is Tuesday, November 28th. This represents a $1.90 annualized dividend and a dividend yield of 7.12%.

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

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