Westwood Salient Enhanced Midstream Income ETF $MDST Shares Purchased by North Star Investment Management Corp.

North Star Investment Management Corp. raised its holdings in Westwood Salient Enhanced Midstream Income ETF (NYSEARCA:MDST) by 2,026.5% during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 25,518 shares of the company’s stock after purchasing an additional 24,318 shares during the quarter. North Star Investment Management Corp. owned about 0.43% of Westwood Salient Enhanced Midstream Income ETF worth $682,000 as of its most recent filing with the SEC.

Separately, Janney Montgomery Scott LLC grew its holdings in shares of Westwood Salient Enhanced Midstream Income ETF by 26.9% during the second quarter. Janney Montgomery Scott LLC now owns 93,900 shares of the company’s stock worth $2,544,000 after buying an additional 19,893 shares during the last quarter.

Westwood Salient Enhanced Midstream Income ETF Stock Down 1.7%

MDST opened at $25.81 on Wednesday. Westwood Salient Enhanced Midstream Income ETF has a 52 week low of $23.24 and a 52 week high of $29.55. The business has a 50 day moving average price of $26.09 and a two-hundred day moving average price of $26.41. The company has a market cap of $169.57 million, a PE ratio of 19.79 and a beta of 0.52.

Westwood Salient Enhanced Midstream Income ETF Announces Dividend

The company also recently disclosed a monthly dividend, which will be paid on Friday, January 9th. Shareholders of record on Monday, January 5th will be given a dividend of $0.225 per share. The ex-dividend date is Monday, January 5th. This represents a c) dividend on an annualized basis and a yield of 10.5%.

Westwood Salient Enhanced Midstream Income ETF Profile

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.