North Star Investment Management Corp. Purchases 301,563 Shares of Westwood Salient Enhanced Midstream Income ETF $MDST

North Star Investment Management Corp. purchased a new position in shares of Westwood Salient Enhanced Midstream Income ETF (NYSE:MDST) during the 3rd quarter, according to its most recent Form 13F filing with the SEC. The fund purchased 301,563 shares of the company’s stock, valued at approximately $8,275,000. North Star Investment Management Corp. owned approximately 2.94% of Westwood Salient Enhanced Midstream Income ETF at the end of the most recent reporting period.

Westwood Salient Enhanced Midstream Income ETF Stock Performance

NYSE:MDST opened at $29.31 on Thursday. The company has a market cap of $301.01 million, a P/E ratio of 19.79 and a beta of 0.27. Westwood Salient Enhanced Midstream Income ETF has a 52-week low of $24.93 and a 52-week high of $30.43. The stock’s 50-day simple moving average is $28.94 and its 200 day simple moving average is $28.76.

Westwood Salient Enhanced Midstream Income ETF Dividend Announcement

The company also recently announced a monthly dividend, which will be paid on Tuesday, November 3rd. Investors of record on Thursday, October 29th will be issued a dividend of $0.2250 per share. This represents a $2.70 dividend on an annualized basis and a yield of 9.2%. The ex-dividend date is Thursday, October 29th.

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.