Raymond James Financial Services Advisors Inc. lessened its stake in shares of JPMorgan Alerian MLP ETN (NYSEARCA:AMJ) by 18.9% in the third quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 147,568 shares of the exchange traded fund’s stock after selling 34,343 shares during the quarter. Raymond James Financial Services Advisors Inc.’s holdings in JPMorgan Alerian MLP ETN were worth $4,164,000 at the end of the most recent quarter.

Several other large investors also recently added to or reduced their stakes in the company. Solaris Asset Management LLC boosted its stake in shares of JPMorgan Alerian MLP ETN by 1.1% during the second quarter. Solaris Asset Management LLC now owns 3,845 shares of the exchange traded fund’s stock valued at $114,000 after purchasing an additional 40 shares during the period. Parametric Portfolio Associates LLC boosted its stake in shares of JPMorgan Alerian MLP ETN by 0.7% during the second quarter. Parametric Portfolio Associates LLC now owns 11,871 shares of the exchange traded fund’s stock valued at $353,000 after purchasing an additional 84 shares during the period. First Allied Advisory Services Inc. boosted its stake in shares of JPMorgan Alerian MLP ETN by 1.2% during the second quarter. First Allied Advisory Services Inc. now owns 12,096 shares of the exchange traded fund’s stock valued at $356,000 after purchasing an additional 146 shares during the period. Stephens Inc. AR boosted its stake in shares of JPMorgan Alerian MLP ETN by 0.7% during the second quarter. Stephens Inc. AR now owns 25,377 shares of the exchange traded fund’s stock valued at $754,000 after purchasing an additional 186 shares during the period. Finally, Calamos Advisors LLC boosted its stake in shares of JPMorgan Alerian MLP ETN by 2.6% during the second quarter. Calamos Advisors LLC now owns 9,611 shares of the exchange traded fund’s stock valued at $285,000 after purchasing an additional 241 shares during the period.

Shares of JPMorgan Alerian MLP ETN (AMJ) opened at $26.39 on Thursday. JPMorgan Alerian MLP ETN has a 52 week low of $25.89 and a 52 week high of $34.41.

The firm also recently declared a quarterly dividend, which will be paid on Thursday, December 7th. Investors of record on Wednesday, November 29th will be paid a $0.4741 dividend. This represents a $1.90 dividend on an annualized basis and a yield of 7.19%. The ex-dividend date of this dividend is Tuesday, November 28th.

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

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