Alerian MLP Index ETNs due January 28, 2044 (NYSEARCA:AMJB) Sees Unusually-High Trading Volume – What’s Next?

Alerian MLP Index ETNs due January 28, 2044 (NYSEARCA:AMJB) shares saw unusually-strong trading volume on Monday . Approximately 2,062 shares traded hands during 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 Trading Down 0.6 %

The firm has a fifty day simple moving average of $29.55 and a 200-day simple moving average of $28.89.

Alerian MLP Index ETNs due January 28, 2044 Increases Dividend

The business also recently announced a dividend, which was paid on Monday, December 9th. Investors of record on Friday, November 29th were issued a dividend of $0.4502 per share. 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 Inflows and Outflows

A hedge fund recently bought a new stake in Alerian MLP Index ETNs due January 28, 2044 stock. NBW Capital LLC purchased a new stake in Alerian MLP Index ETNs due January 28, 2044 (NYSEARCA:AMJB) during the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor purchased 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.