Rock Point Advisors LLC trimmed its position in shares of JPMorgan Alerian MLP Index ETN (NYSEARCA:AMJ) by 0.8% in the 1st quarter, according to the company in its most recent disclosure with the SEC. The fund owned 98,621 shares of the exchange traded fund’s stock after selling 775 shares during the quarter. Rock Point Advisors LLC’s holdings in JPMorgan Alerian MLP Index ETN were worth $2,516,000 at the end of the most recent reporting period.

Other hedge funds have also recently added to or reduced their stakes in the company. Creative Planning raised its position 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. Brooks Moore & Associates Inc. raised its position in shares of JPMorgan Alerian MLP Index ETN by 8.8% in the 1st quarter. Brooks Moore & Associates Inc. now owns 62,469 shares of the exchange traded fund’s stock valued at $1,594,000 after purchasing an additional 5,050 shares during the last quarter. Eagle Global Advisors LLC raised its position 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. MML Investors Services LLC increased its holdings in JPMorgan Alerian MLP Index ETN by 299.9% in the 4th quarter. MML Investors Services LLC now owns 117,161 shares of the exchange traded fund’s stock worth $2,615,000 after buying an additional 87,865 shares during the period. Finally, Twin Capital Management Inc. increased its holdings in 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 worth $2,417,000 after buying an additional 5,145 shares during the period.

Shares of NYSEARCA:AMJ opened at $25.48 on Thursday. JPMorgan Alerian MLP Index ETN has a twelve month low of $21.09 and a twelve month high of $29.87.

The firm also recently declared a quarterly dividend, which will be paid on Thursday, June 6th. Investors of record on Wednesday, May 29th will be issued a $0.4106 dividend. The ex-dividend date of this dividend is Tuesday, May 28th. This represents a $1.64 annualized dividend and a yield of 6.45%.

WARNING: “Rock Point Advisors LLC Has $2.52 Million Holdings in JPMorgan Alerian MLP Index ETN (AMJ)” was first reported by TheOlympiaReport and is the sole property of of TheOlympiaReport. If you are accessing this article on another website, it was copied illegally and reposted in violation of international copyright legislation. The original version of this article can be read at https://theolympiareport.com/2019/05/23/rock-point-advisors-llc-has-2-52-million-holdings-in-jpmorgan-alerian-mlp-index-etn-amj.html.

Recommended Story: How can you know how many shares are floating?

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)

Receive News & Ratings for JPMorgan Alerian MLP Index ETN Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for JPMorgan Alerian MLP Index ETN and related companies with MarketBeat.com's FREE daily email newsletter.