Insider Selling: Alerian MLP Index ETNs due January 28, 2044 (NYSEARCA:AMJB) CEO Sells 15,895 Shares of Stock

Alerian MLP Index ETNs due January 28, 2044 (NYSEARCA:AMJB) CEO Mary E. Erdoes sold 15,895 shares of the stock in a transaction dated Wednesday, May 8th. The stock was sold at an average price of $193.66, for a total value of $3,078,225.70. Following the transaction, the chief executive officer now owns 585,898 shares of the company’s stock, valued at $113,465,006.68. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link.

Alerian MLP Index ETNs due January 28, 2044 Trading Down 1.4 %

NYSEARCA AMJB opened at $28.33 on Friday. Alerian MLP Index ETNs due January 28, 2044 has a 52 week low of $25.84 and a 52 week high of $31.90. The company has a 50 day moving average price of $28.15.

Alerian MLP Index ETNs due January 28, 2044 Dividend Announcement

The firm also recently disclosed an annual dividend, which was paid on Friday, March 8th. Stockholders of record on Thursday, February 29th were given a $0.4227 dividend. This represents a dividend yield of 1.52%. The ex-dividend date of this dividend was Wednesday, February 28th.

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.