iPath Select MLP ETN (BATS:ATMP – Get Free Report) shares crossed below its two hundred day moving average during trading on Wednesday. The stock has a two hundred day moving average of $34.69 and traded as low as $34.37. iPath Select MLP ETN shares last traded at $34.45, with a volume of 2,144 shares trading hands.
iPath Select MLP ETN Trading Down 0.8%
The firm’s 50-day simple moving average is $35.65 and its two-hundred day simple moving average is $34.73.
iPath Select MLP ETN Cuts Dividend
The company also recently disclosed a quarterly dividend, which was paid on Tuesday, September 8th. Investors of record on Friday, August 28th were paid a dividend of $0.40 per share. This represents a $1.60 annualized dividend and a yield of 4.8%. This is a drop from iPath Select MLP ETN’s previous quarterly dividend of $0.4088. The ex-dividend date was Friday, August 28th.
About iPath Select MLP ETN
The Barclays ETN+ Select MLP ETN (ATMP) is an exchange-traded fund that is based on the CIBC Atlas Select MLP VWAP index. The fund tracks a tiered-weighted index consisting of US and Canadian MLPs and general partners of MLPs that are selected based on fundamental criteria. ATMP was launched on Mar 12, 2013 and is issued by Barclays.
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