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

Alerian MLP Index ETNs due January 28, 2044 (NYSEARCA:AMJB) saw unusually-strong trading volume on Monday . Approximately 2,153 shares traded hands during mid-day trading, an increase of 2,053% from the previous session’s volume of 100 shares.The stock last traded at $28.80 and had previously closed at $29.11.

Alerian MLP Index ETNs due January 28, 2044 Stock Performance

The firm has a 50-day simple moving average of $29.55 and a two-hundred day simple moving average of $28.91.

Alerian MLP Index ETNs due January 28, 2044 Increases Dividend

The company also recently disclosed a dividend, which was paid on Monday, December 9th. Investors of record on Friday, November 29th were paid a $0.4502 dividend. This is an increase 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.

Institutional Trading of Alerian MLP Index ETNs due January 28, 2044

A hedge fund recently bought a new stake in Alerian MLP Index ETNs due January 28, 2044 stock. NBW Capital LLC bought a new position in shares of Alerian MLP Index ETNs due January 28, 2044 (NYSEARCA:AMJB) in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm bought 223,196 shares of the company’s stock, valued at approximately $6,459,000.

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.