Insider Selling: Alerian MLP Index ETNs due January 28, 2044 (NYSEARCA:AMJB) General Counsel Sells 4,415 Shares of Stock

Alerian MLP Index ETNs due January 28, 2044 (NYSEARCA:AMJB) General Counsel Stacey Friedman sold 4,415 shares of the company’s stock in a transaction that occurred on Monday, May 20th. The shares were sold at an average price of $200.65, for a total transaction of $885,869.75. Following the completion of the transaction, the general counsel now owns 42,124 shares of the company’s stock, valued at $8,452,180.60. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website.

Alerian MLP Index ETNs due January 28, 2044 Stock Down 2.0 %

Shares of NYSEARCA AMJB opened at $28.06 on Thursday. Alerian MLP Index ETNs due January 28, 2044 has a 52-week low of $25.84 and a 52-week high of $31.90. The company has a 50 day simple moving average of $28.26.

Alerian MLP Index ETNs due January 28, 2044 Dividend Announcement

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

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.