Lido Advisors LLC Reduces Position in JPMorgan Alerian MLP Index ETN (AMJ)

Lido Advisors LLC lessened its position in shares of JPMorgan Alerian MLP Index ETN (NYSEARCA:AMJ) by 24.1% during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 23,421 shares of the exchange traded fund’s stock after selling 7,423 shares during the quarter. Lido Advisors LLC’s holdings in JPMorgan Alerian MLP Index ETN were worth $522,000 as of its most recent SEC filing.

Other hedge funds also recently made changes to their positions in the company. Creative Planning grew its stake in shares of JPMorgan Alerian MLP Index ETN by 11,794.4% in the 4th quarter. Creative Planning now owns 7,019,384 shares of the exchange traded fund’s stock valued at $156,673,000 after purchasing an additional 6,960,370 shares during the last quarter. Marquette Asset Management LLC grew its stake in shares of JPMorgan Alerian MLP Index ETN by 128.9% in the 4th quarter. Marquette Asset Management LLC now owns 178,235 shares of the exchange traded fund’s stock valued at $3,978,000 after purchasing an additional 100,370 shares during the last quarter. Eagle Global Advisors LLC grew its stake in shares of JPMorgan Alerian MLP Index ETN by 131.4% in the 4th quarter. Eagle Global Advisors LLC now owns 1,396,625 shares of the exchange traded fund’s stock valued at $31,173,000 after purchasing an additional 793,140 shares during the last quarter. Twin Capital Management Inc. grew its stake in shares of JPMorgan Alerian MLP Index ETN by 5.0% in the 4th quarter. Twin Capital Management Inc. now owns 108,310 shares of the exchange traded fund’s stock valued at $2,417,000 after purchasing an additional 5,145 shares during the last quarter. Finally, Kepos Capital LP grew its stake in shares of JPMorgan Alerian MLP Index ETN by 6.5% in the 3rd quarter. Kepos Capital LP now owns 285,506 shares of the exchange traded fund’s stock valued at $7,840,000 after purchasing an additional 17,441 shares during the last quarter.

AMJ opened at $25.08 on Friday. 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 Monday, March 11th. Stockholders of record on Friday, March 1st were issued a $0.4615 dividend. This is a boost from JPMorgan Alerian MLP Index ETN’s previous quarterly dividend of $0.45. This represents a $1.85 annualized dividend and a dividend yield of 7.36%. The ex-dividend date was Thursday, February 28th.

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

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