iPath Select MLP ETN (NYSEARCA:ATMP) to Issue Quarterly Dividend of $0.40

iPath Select MLP ETN (NYSEARCA:ATMP) declared a quarterly dividend on Sunday, August 16th. Stockholders of record on Friday, August 28th will be paid a dividend of 0.40 per share on Tuesday, September 8th. This represents a c) dividend on an annualized basis and a dividend yield of 4.4%. The ex-dividend date of this dividend is Friday, August 28th.

iPath Select MLP ETN Stock Down 0.7%

Shares of NYSEARCA:ATMP opened at $36.44 on Wednesday. The business’s 50-day moving average is $35.62 and its 200 day moving average is $34.67. iPath Select MLP ETN has a 1 year low of $27.23 and a 1 year high of $37.38.

Institutional Trading of iPath Select MLP ETN

A hedge fund recently bought a new position in iPath Select MLP ETN stock. JPMorgan Chase & Co. purchased a new position in iPath Select MLP ETN (NYSEARCA:ATMP) in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm purchased 3,900 shares of the company’s stock, valued at approximately $114,000.

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.