Foster Dykema Cabot & Co. Inc. MA held its position in shares of Kayne Anderson Midstream Energy Fd, Inc. (NYSE:KMF) during the second quarter, Holdings Channel reports. The fund owned 10,000 shares of the closed-end fund’s stock at the end of the second quarter. Foster Dykema Cabot & Co. Inc. MA’s holdings in Kayne Anderson Midstream Energy Fd were worth $151,000 at the end of the most recent quarter.
Other hedge funds and other institutional investors have also made changes to their positions in the company. First Trust Advisors LP acquired a new position in shares of Kayne Anderson Midstream Energy Fd during the second quarter valued at $282,000. Janney Montgomery Scott LLC increased its position in shares of Kayne Anderson Midstream Energy Fd by 5.8% in the second quarter. Janney Montgomery Scott LLC now owns 32,951 shares of the closed-end fund’s stock valued at $499,000 after buying an additional 1,809 shares during the period. Finally, Crescent Grove Advisors LLC acquired a new position in shares of Kayne Anderson Midstream Energy Fd during the second quarter valued at $2,584,000.
Kayne Anderson Midstream Energy Fd, Inc. (KMF) opened at 13.66 on Friday. Kayne Anderson Midstream Energy Fd, Inc. has a 52 week low of $13.49 and a 52 week high of $17.04. The company’s 50-day moving average price is $14.91 and its 200 day moving average price is $15.62.
The firm also recently declared a quarterly dividend, which was paid on Friday, July 14th. Shareholders of record on Monday, July 10th were issued a dividend of $0.30 per share. This represents a $1.20 dividend on an annualized basis and a yield of 8.78%. The ex-dividend date was Thursday, July 6th.
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About Kayne Anderson Midstream Energy Fd
Kayne Anderson Midstream/Energy Fund, Inc (the Fund) is a non-diversified, closed-end investment management company. The Fund’s investment objective is to provide a high level of return with an emphasis on making quarterly cash distributions to its stockholders. The Fund seeks to achieve its investment objective by investing at least 80% of its total assets in the securities of companies in the Midstream/Energy Sector, consisting of midstream master limited partnerships (MLPs), midstream companies, other MLPs and other energy companies.
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