Alerian MLP Index ETNs due January 28, 2044 (NYSEARCA:AMJB) Sees Strong Trading Volume – Here’s What Happened

Alerian MLP Index ETNs due January 28, 2044 (NYSEARCA:AMJB) shares saw an uptick in trading volume on Monday . 2,062 shares were traded during mid-day trading, an increase of 1,962% from the previous session’s volume of 100 shares.The stock last traded at $30.19 and had previously closed at $30.26.

Alerian MLP Index ETNs due January 28, 2044 Price Performance

The company has a 50 day moving average price of $29.55 and a 200 day moving average price of $28.89.

Alerian MLP Index ETNs due January 28, 2044 Increases Dividend

The firm also recently disclosed a dividend, which was paid on Monday, December 9th. Investors of record on Friday, November 29th were issued a $0.4502 dividend. This is a positive change from Alerian MLP Index ETNs due January 28, 2044’s previous dividend of $0.44. The ex-dividend date of this dividend was Friday, November 29th.

Hedge Funds Weigh In On Alerian MLP Index ETNs due January 28, 2044

A hedge fund recently raised its stake in Alerian MLP Index ETNs due January 28, 2044 stock. MeadowBrook Investment Advisors LLC lifted its position in shares of Alerian MLP Index ETNs due January 28, 2044 (NYSEARCA:AMJB) by 160.4% during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 8,423 shares of the company’s stock after purchasing an additional 5,188 shares during the quarter. MeadowBrook Investment Advisors LLC’s holdings in Alerian MLP Index ETNs due January 28, 2044 were worth $240,000 at the end of the most recent reporting period.

Alerian MLP Index ETNs due January 28, 2044 Company Profile

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.