Westwood Salient Enhanced Midstream Income ETF (NYSEARCA:MDST) Plans $0.23 Monthly Dividend

Westwood Salient Enhanced Midstream Income ETF (NYSEARCA:MDSTGet Free Report) declared a monthly dividend on Wednesday, January 28th. Shareholders of record on Thursday, January 29th will be given a dividend of 0.225 per share on Tuesday, February 3rd. This represents a c) annualized dividend and a yield of 9.9%. The ex-dividend date of this dividend is Thursday, January 29th.

Westwood Salient Enhanced Midstream Income ETF Price Performance

Shares of Westwood Salient Enhanced Midstream Income ETF stock traded down $0.12 during trading hours on Thursday, hitting $27.37. The company’s stock had a trading volume of 12,882 shares, compared to its average volume of 58,365. The company has a market capitalization of $188.88 million, a PE ratio of 19.79 and a beta of 0.52. The stock has a 50 day moving average of $26.34 and a 200 day moving average of $26.38. Westwood Salient Enhanced Midstream Income ETF has a 12 month low of $23.24 and a 12 month high of $28.56.

Institutional Trading of Westwood Salient Enhanced Midstream Income ETF

Several hedge funds have recently bought and sold shares of the stock. North Star Investment Management Corp. boosted its holdings in shares of Westwood Salient Enhanced Midstream Income ETF by 2,026.5% in the third quarter. North Star Investment Management Corp. now owns 25,518 shares of the company’s stock valued at $682,000 after buying an additional 24,318 shares during the period. Janney Montgomery Scott LLC boosted its stake in Westwood Salient Enhanced Midstream Income ETF by 26.9% in the 2nd quarter. Janney Montgomery Scott LLC now owns 93,900 shares of the company’s stock worth $2,544,000 after purchasing an additional 19,893 shares during the period. Finally, Miller Global Investments LLC acquired a new position in Westwood Salient Enhanced Midstream Income ETF in the 4th quarter worth $3,022,000.

About Westwood Salient Enhanced Midstream Income ETF

(Get Free Report)

The Westwood Salient Enhanced Midstream Income ETF (MDST) is an exchange-traded fund that mostly invests in energy equity. The fund is an actively managed fund that invests in midstream North American companies and US master limited partnerships (MLPs). In addition, the fund enhances income through covered call options. MDST was launched on Apr 9, 2024 and is issued by Westwood.

Further Reading

Dividend History for Westwood Salient Enhanced Midstream Income ETF (NYSEARCA:MDST)

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