Private Advisor Group LLC Sells 1,135 Shares of JPMorgan Alerian MLP Index ETN (NYSEARCA:AMJ)

Private Advisor Group LLC lessened its stake in JPMorgan Alerian MLP Index ETN (NYSEARCA:AMJ) by 1.8% during the first quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 60,640 shares of the exchange traded fund’s stock after selling 1,135 shares during the quarter. Private Advisor Group LLC’s holdings in JPMorgan Alerian MLP Index ETN were worth $1,523,000 at the end of the most recent reporting period.

Other hedge funds also recently bought and sold shares of the company. Winslow Evans & Crocker Inc. lifted its holdings in shares of JPMorgan Alerian MLP Index ETN by 103.1% in the first quarter. Winslow Evans & Crocker Inc. now owns 926 shares of the exchange traded fund’s stock valued at $26,000 after purchasing an additional 470 shares in the last quarter. Financial Gravity Companies Inc. bought a new position in shares of JPMorgan Alerian MLP Index ETN in the fourth quarter valued at approximately $25,000. Cullen Frost Bankers Inc. bought a new position in shares of JPMorgan Alerian MLP Index ETN in the first quarter valued at approximately $55,000. Laurel Wealth Advisors LLC bought a new position in shares of JPMorgan Alerian MLP Index ETN in the fourth quarter valued at approximately $55,000. Finally, Canton Hathaway LLC lifted its holdings in JPMorgan Alerian MLP Index ETN by 263.4% during the fourth quarter. Canton Hathaway LLC now owns 2,602 shares of the exchange traded fund’s stock worth $58,000 after acquiring an additional 1,886 shares during the period.

Shares of JPMorgan Alerian MLP Index ETN stock opened at $25.00 on Thursday. JPMorgan Alerian MLP Index ETN has a 12 month low of $21.09 and a 12 month high of $29.87.

The firm also recently declared a quarterly dividend, which was paid on Thursday, June 6th. Investors of record on Wednesday, May 29th were issued a dividend of $0.4106 per share. The ex-dividend date of this dividend was Tuesday, May 28th. This represents a $1.64 dividend on an annualized basis and a yield of 6.57%.

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Institutional Ownership by Quarter for JPMorgan Alerian MLP Index ETN (NYSEARCA:AMJ)

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