James Dimon Sells 178,222 Shares of JPMorgan Alerian MLP Index ETN (NYSEARCA:AMJ) Stock

JPMorgan Alerian MLP Index ETN (NYSEARCA:AMJ) CEO James Dimon sold 178,222 shares of the firm’s stock in a transaction on Monday, April 15th. The shares were sold at an average price of $184.18, for a total transaction of $32,824,927.96. Following the completion of the transaction, the chief executive officer now directly owns 264,461 shares of the company’s stock, valued at $48,708,426.98. The sale was disclosed in a document filed with the SEC, which is available through the SEC website.

James Dimon also recently made the following trade(s):

• On Thursday, February 22nd, James Dimon sold 821,778 shares of JPMorgan Alerian MLP Index ETN stock. The shares were sold at an average price of $182.73, for a total transaction of $150,163,493.94.

JPMorgan Alerian MLP Index ETN Price Performance

Shares of NYSEARCA:AMJ opened at $27.24 on Tuesday. The firm has a fifty day moving average price of $27.72 and a two-hundred day moving average price of $26.17. JPMorgan Alerian MLP Index ETN has a one year low of $21.61 and a one year high of $29.16.

JPMorgan Alerian MLP Index ETN Increases Dividend

The company also recently declared a dividend, which was paid on Friday, March 8th. Shareholders of record on Thursday, February 29th were issued a $0.4227 dividend. This is an increase from JPMorgan Alerian MLP Index ETN’s previous dividend of $0.41. The ex-dividend date was Wednesday, February 28th.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of the company. Tranquility Partners LLC lifted its holdings in shares of JPMorgan Alerian MLP Index ETN by 5.3% during the 3rd quarter. Tranquility Partners LLC now owns 28,092 shares of the exchange traded fund’s stock worth $694,000 after acquiring an additional 1,412 shares during the last quarter. MGO One Seven LLC lifted its holdings in shares of JPMorgan Alerian MLP Index ETN by 3.3% during the 3rd quarter. MGO One Seven LLC now owns 16,307 shares of the exchange traded fund’s stock worth $403,000 after acquiring an additional 521 shares during the last quarter. LPL Financial LLC lifted its holdings in shares of JPMorgan Alerian MLP Index ETN by 0.6% during the 3rd quarter. LPL Financial LLC now owns 829,831 shares of the exchange traded fund’s stock worth $20,497,000 after acquiring an additional 4,584 shares during the last quarter. JPMorgan Chase & Co. lifted its holdings in shares of JPMorgan Alerian MLP Index ETN by 3.7% during the 3rd quarter. JPMorgan Chase & Co. now owns 77,949,569 shares of the exchange traded fund’s stock worth $1,925,354,000 after acquiring an additional 2,807,000 shares during the last quarter. Finally, Independent Advisor Alliance bought a new stake in shares of JPMorgan Alerian MLP Index ETN during the 3rd quarter worth $262,000.