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

JPMorgan Alerian MLP Index ETN (NYSEARCA:AMJ) CEO James Dimon sold 178,222 shares of the firm’s stock in a transaction that occurred on Monday, April 15th. The stock was sold at an average price of $184.18, for a total transaction of $32,824,927.96. Following the sale, the chief executive officer now 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 Securities & Exchange Commission, which can be accessed through this hyperlink.

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 Stock Performance

Shares of AMJ opened at $27.24 on Tuesday. JPMorgan Alerian MLP Index ETN has a one year low of $21.61 and a one year high of $29.16. The firm has a 50 day simple moving average of $27.72 and a two-hundred day simple moving average of $26.17.

JPMorgan Alerian MLP Index ETN Increases Dividend

The company also recently disclosed a dividend, which was paid on Friday, March 8th. Shareholders of record on Thursday, February 29th were given a dividend of $0.4227 per share. 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

Institutional investors have recently added to or reduced their stakes in the company. Tranquility Partners LLC increased its holdings in shares of JPMorgan Alerian MLP Index ETN by 5.3% during the third quarter. Tranquility Partners LLC now owns 28,092 shares of the exchange traded fund’s stock worth $694,000 after buying an additional 1,412 shares in the last quarter. MGO One Seven LLC increased its holdings in shares of JPMorgan Alerian MLP Index ETN by 3.3% during the third quarter. MGO One Seven LLC now owns 16,307 shares of the exchange traded fund’s stock worth $403,000 after buying an additional 521 shares in the last quarter. LPL Financial LLC increased its holdings in shares of JPMorgan Alerian MLP Index ETN by 0.6% during the third quarter. LPL Financial LLC now owns 829,831 shares of the exchange traded fund’s stock worth $20,497,000 after buying an additional 4,584 shares in the last quarter. JPMorgan Chase & Co. increased its holdings in shares of JPMorgan Alerian MLP Index ETN by 3.7% during the third quarter. JPMorgan Chase & Co. now owns 77,949,569 shares of the exchange traded fund’s stock worth $1,925,354,000 after buying an additional 2,807,000 shares in the last quarter. Finally, Independent Advisor Alliance acquired a new position in shares of JPMorgan Alerian MLP Index ETN during the third quarter worth $262,000.