Howard Wealth Management LLC bought a new stake in MILLER HOWARD/COM (NYSE:HIE) in the 4th quarter, HoldingsChannel reports. The fund bought 40,575 shares of the company’s stock, valued at approximately $456,000.
A number of other institutional investors and hedge funds have also recently made changes to their positions in the business. Invesco Ltd. increased its position in shares of MILLER HOWARD/COM by 1.8% during the second quarter. Invesco Ltd. now owns 59,981 shares of the company’s stock worth $666,000 after purchasing an additional 1,060 shares in the last quarter. Morgan Stanley grew its stake in MILLER HOWARD/COM by 3.5% during the 2nd quarter. Morgan Stanley now owns 1,023,585 shares of the company’s stock worth $11,362,000 after buying an additional 34,220 shares during the last quarter. Chicago Partners Investment Group LLC increased its position in MILLER HOWARD/COM by 2.4% during the 3rd quarter. Chicago Partners Investment Group LLC now owns 149,728 shares of the company’s stock valued at $1,744,000 after buying an additional 3,524 shares in the last quarter. PFG Advisors increased its position in MILLER HOWARD/COM by 13.5% during the 3rd quarter. PFG Advisors now owns 11,650 shares of the company’s stock valued at $125,000 after buying an additional 1,385 shares in the last quarter. Finally, CIBC Private Wealth Group LLC raised its stake in MILLER HOWARD/COM by 33.8% in the fourth quarter. CIBC Private Wealth Group LLC now owns 28,770 shares of the company’s stock valued at $324,000 after buying an additional 7,270 shares during the last quarter.
NYSE HIE traded up $0.02 during trading on Monday, hitting $11.38. The company’s stock had a trading volume of 300 shares, compared to its average volume of 92,854. MILLER HOWARD/COM has a fifty-two week low of $10.01 and a fifty-two week high of $12.35. The business’s 50 day simple moving average is $11.34 and its 200-day simple moving average is $11.23.
The business also recently disclosed a monthly dividend, which will be paid on Tuesday, March 31st. Stockholders of record on Tuesday, March 24th will be issued a dividend of $0.116 per share. The ex-dividend date of this dividend is Monday, March 23rd. This represents a $1.39 annualized dividend and a dividend yield of 12.23%.
MILLER HOWARD/COM Company Profile
Miller/Howard High Income Equity Fund is a closed ended equity mutual fund launched and managed by Miller Howard Investments, Inc It invests in public equity markets of the United States. The fund seeks to invest in stocks of companies operating across diversified sectors. It invests in growth and high dividend paying stocks of companies.
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