Advisory Alpha LLC Takes Position in JPMorgan Alerian MLP Index ETN (NYSEARCA:AMJ)

Advisory Alpha LLC acquired a new stake in JPMorgan Alerian MLP Index ETN (NYSEARCA:AMJ) during the 1st quarter, HoldingsChannel reports. The institutional investor acquired 6,305 shares of the exchange traded fund’s stock, valued at approximately $161,000.

Several other hedge funds also recently added to or reduced their stakes in the company. Winslow Evans & Crocker Inc. grew its stake in shares of JPMorgan Alerian MLP Index ETN by 103.1% in the 1st 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 during the period. Windsor Capital Management LLC grew its stake in shares of JPMorgan Alerian MLP Index ETN by 0.4% in the 4th quarter. Windsor Capital Management LLC now owns 193,659 shares of the exchange traded fund’s stock valued at $4,322,000 after purchasing an additional 705 shares during the period. Kings Point Capital Management grew its stake in shares of JPMorgan Alerian MLP Index ETN by 2.3% in the 4th quarter. Kings Point Capital Management now owns 36,655 shares of the exchange traded fund’s stock valued at $818,000 after purchasing an additional 808 shares during the period. Kays Financial Advisory Corp ADV grew its stake in shares of JPMorgan Alerian MLP Index ETN by 6.7% in the 4th quarter. Kays Financial Advisory Corp ADV now owns 13,931 shares of the exchange traded fund’s stock valued at $311,000 after purchasing an additional 870 shares during the period. Finally, Leavell Investment Management Inc. grew its stake in shares of JPMorgan Alerian MLP Index ETN by 1.0% in the 1st quarter. Leavell Investment Management Inc. now owns 86,672 shares of the exchange traded fund’s stock valued at $2,211,000 after purchasing an additional 887 shares during the period.

NYSEARCA AMJ opened at $24.87 on Wednesday. JPMorgan Alerian MLP Index ETN has a one year low of $21.09 and a one year 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 given a dividend of $0.4106 per share. The ex-dividend date was Tuesday, May 28th. This represents a $1.64 dividend on an annualized basis and a yield of 6.60%.

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Want to see what other hedge funds are holding AMJ? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for JPMorgan Alerian MLP Index ETN (NYSEARCA:AMJ).

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

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