Regal Investment Advisors LLC raised its holdings in shares of JPMorgan Chase Capital XVI JP Morgan Alerian MLP ETN (NYSEARCA:AMJ) by 11.8% in the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 33,276 shares of the exchange traded fund’s stock after purchasing an additional 3,513 shares during the quarter. Regal Investment Advisors LLC’s holdings in JPMorgan Chase Capital XVI JP Morgan Alerian MLP ETN were worth $988,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds have also added to or reduced their stakes in the business. Solaris Asset Management LLC lifted its holdings in shares of JPMorgan Chase Capital XVI JP Morgan Alerian MLP ETN by 1.1% in the 2nd quarter. Solaris Asset Management LLC now owns 3,845 shares of the exchange traded fund’s stock worth $114,000 after acquiring an additional 40 shares during the last quarter. Calamos Advisors LLC lifted its holdings in shares of JPMorgan Chase Capital XVI JP Morgan Alerian MLP ETN by 2.6% in the 2nd quarter. Calamos Advisors LLC now owns 9,611 shares of the exchange traded fund’s stock worth $285,000 after acquiring an additional 241 shares during the last quarter. Insight 2811 Inc. bought a new stake in shares of JPMorgan Chase Capital XVI JP Morgan Alerian MLP ETN in the 2nd quarter worth about $332,000. Apriem Advisors lifted its holdings in shares of JPMorgan Chase Capital XVI JP Morgan Alerian MLP ETN by 1.8% in the 2nd quarter. Apriem Advisors now owns 17,995 shares of the exchange traded fund’s stock worth $534,000 after acquiring an additional 320 shares during the last quarter. Finally, Ruggie Capital Group lifted its holdings in shares of JPMorgan Chase Capital XVI JP Morgan Alerian MLP ETN by 14.5% in the 2nd quarter. Ruggie Capital Group now owns 18,055 shares of the exchange traded fund’s stock worth $536,000 after acquiring an additional 2,285 shares during the last quarter.

JPMorgan Chase Capital XVI JP Morgan Alerian MLP ETN (NYSEARCA AMJ) traded down 0.68% during midday trading on Friday, hitting $27.94. 2,041,066 shares of the stock traded hands. The stock has a 50-day moving average of $28.55 and a 200 day moving average of $30.44. JPMorgan Chase Capital XVI JP Morgan Alerian MLP ETN has a 52-week low of $26.99 and a 52-week high of $34.41.

The company also recently declared a quarterly dividend, which was paid on Wednesday, September 6th. Stockholders of record on Monday, August 28th were given a dividend of $0.483 per share. The ex-dividend date of this dividend was Thursday, August 24th. This represents a $1.93 annualized dividend and a dividend yield of 6.91%.

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Institutional Ownership by Quarter for JPMorgan Chase Capital XVI JP Morgan Alerian MLP ETN (NYSEARCA:AMJ)

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