Shares of iPath Select MLP ETN (BATS:ATMP – Get Free Report) passed above its 200-day moving average during trading on Friday. The stock has a 200-day moving average of $34.83 and traded as high as $35.04. iPath Select MLP ETN shares last traded at $35.04, with a volume of 12,882 shares changing hands.
iPath Select MLP ETN Price Performance
The stock’s 50-day moving average is $35.40 and its 200 day moving average is $34.83.
iPath Select MLP ETN Cuts Dividend
The company also recently declared a quarterly dividend, which was paid on Tuesday, September 8th. Stockholders of record on Friday, August 28th were paid a dividend of $0.40 per share. This is a drop from iPath Select MLP ETN’s previous quarterly dividend of $0.4088. The ex-dividend date of this dividend was Friday, August 28th. This represents a $1.60 annualized dividend and a dividend yield of 4.6%.
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.
Further Reading
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