Clearwater Capital Advisors LLC Acquires 7,957 Shares of JPMorgan Alerian MLP Index ETN (AMJ)

Clearwater Capital Advisors LLC raised its position in JPMorgan Alerian MLP Index ETN (NYSEARCA:AMJ) by 2.3% during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 350,037 shares of the exchange traded fund’s stock after purchasing an additional 7,957 shares during the quarter. JPMorgan Alerian MLP Index ETN accounts for approximately 1.9% of Clearwater Capital Advisors LLC’s holdings, making the stock its 11th biggest holding. Clearwater Capital Advisors LLC’s holdings in JPMorgan Alerian MLP Index ETN were worth $9,304,000 at the end of the most recent quarter.

Other institutional investors have also recently bought and sold shares of the company. Leavell Investment Management Inc. raised its position in JPMorgan Alerian MLP Index ETN by 5.1% in the 2nd quarter. Leavell Investment Management Inc. now owns 124,139 shares of the exchange traded fund’s stock worth $3,300,000 after purchasing an additional 6,022 shares during the period. Wealthcare Capital Management LLC raised its position in JPMorgan Alerian MLP Index ETN by 33.0% in the 1st quarter. Wealthcare Capital Management LLC now owns 44,887 shares of the exchange traded fund’s stock worth $1,077,000 after purchasing an additional 11,146 shares during the period. PNC Financial Services Group Inc. raised its position in JPMorgan Alerian MLP Index ETN by 15.0% in the 2nd quarter. PNC Financial Services Group Inc. now owns 566,962 shares of the exchange traded fund’s stock worth $15,069,000 after purchasing an additional 73,912 shares during the period. Janney Montgomery Scott LLC raised its position in JPMorgan Alerian MLP Index ETN by 342.5% in the 2nd quarter. Janney Montgomery Scott LLC now owns 127,771 shares of the exchange traded fund’s stock worth $3,396,000 after purchasing an additional 98,896 shares during the period. Finally, Eqis Capital Management Inc. purchased a new stake in JPMorgan Alerian MLP Index ETN in the 2nd quarter worth about $389,000.

Shares of NYSEARCA:AMJ opened at $27.97 on Monday. JPMorgan Alerian MLP Index ETN has a one year low of $23.17 and a one year high of $30.74.

The business also recently announced a quarterly dividend, which was paid on Thursday, September 6th. Stockholders of record on Tuesday, August 28th were given a dividend of $0.4957 per share. This represents a $1.98 dividend on an annualized basis and a dividend yield of 7.09%. The ex-dividend date of this dividend was Monday, August 27th.

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

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