iPath Select MLP ETN (BATS:ATMP – Get Free Report) shares crossed below its 200-day moving average during trading on Wednesday. The stock has a 200-day moving average of $34.69 and traded as low as $34.37. iPath Select MLP ETN shares last traded at $34.45, with a volume of 2,144 shares.
iPath Select MLP ETN Stock Down 3.6%
The stock has a 50 day moving average of $35.81 and a 200-day moving average of $34.69.
iPath Select MLP ETN Cuts Dividend
The firm also recently announced a quarterly dividend, which was paid on Tuesday, September 8th. Shareholders of record on Friday, August 28th were given a dividend of $0.40 per share. This is a drop from iPath Select MLP ETN’s previous quarterly dividend of $0.4088. This represents a $1.60 dividend on an annualized basis and a yield of 4.6%. The ex-dividend date was Friday, August 28th.
iPath Select MLP ETN Company Profile
The Barclays ETN+ Select MLP ETN (ATMP) is an exchange-traded fund that is based on the CIBC Atlas Select MLP VWAP index. The fund tracks a tiered-weighted index consisting of US and Canadian MLPs and general partners of MLPs that are selected based on fundamental criteria. ATMP was launched on Mar 12, 2013 and is issued by Barclays.
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