Citadel Advisors LLC acquired a new stake in Kayne Anderson Midstream Energy Fd, Inc. (NYSE:KMF) in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 15,308 shares of the closed-end fund’s stock, valued at approximately $211,000. Citadel Advisors LLC owned approximately 0.07% of Kayne Anderson Midstream Energy Fd at the end of the most recent reporting period.
A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in KMF. D.A. Davidson & CO. acquired a new position in Kayne Anderson Midstream Energy Fd in the fourth quarter valued at $148,000. Raymond James Financial Services Advisors Inc. purchased a new stake in shares of Kayne Anderson Midstream Energy Fd in the fourth quarter valued at about $171,000. Bank of New York Mellon Corp purchased a new stake in shares of Kayne Anderson Midstream Energy Fd in the third quarter valued at about $206,000. Oppenheimer & Co. Inc. purchased a new stake in shares of Kayne Anderson Midstream Energy Fd in the third quarter valued at about $211,000. Finally, Starfire Investment Advisers Inc. purchased a new stake in shares of Kayne Anderson Midstream Energy Fd in the fourth quarter valued at about $1,163,000.
Shares of NYSE:KMF traded down $0.07 on Friday, reaching $11.98. The company’s stock had a trading volume of 69,347 shares, compared to its average volume of 104,084. Kayne Anderson Midstream Energy Fd, Inc. has a 52-week low of $11.36 and a 52-week high of $16.75.
The firm also recently announced a quarterly dividend, which will be paid on Friday, April 20th. Stockholders of record on Friday, April 13th will be issued a $0.30 dividend. The ex-dividend date of this dividend is Thursday, April 12th. This represents a $1.20 dividend on an annualized basis and a dividend yield of 10.02%.
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Kayne Anderson Midstream Energy Fd Company Profile
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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