Salient Midstream & MLP Fund (NYSE:SMM)’s share price hit a new 52-week low during mid-day trading on Thursday . The company traded as low as $8.02 and last traded at $8.14, with a volume of 1615 shares trading hands. The stock had previously closed at $8.45.

The firm also recently declared a quarterly dividend, which was paid on Thursday, November 29th. Investors of record on Thursday, November 15th were issued a $0.171 dividend. This represents a $0.68 dividend on an annualized basis and a yield of 8.27%. The ex-dividend date of this dividend was Wednesday, November 14th.

A number of institutional investors and hedge funds have recently made changes to their positions in SMM. Wolverine Asset Management LLC acquired a new position in Salient Midstream & MLP Fund in the second quarter valued at approximately $983,000. NINE MASTS CAPITAL Ltd acquired a new position in Salient Midstream & MLP Fund in the second quarter valued at approximately $631,000. Matisse Capital acquired a new stake in shares of Salient Midstream & MLP Fund in the third quarter valued at approximately $351,000. Morgan Stanley boosted its holdings in shares of Salient Midstream & MLP Fund by 2.7% in the third quarter. Morgan Stanley now owns 1,290,609 shares of the investment management company’s stock valued at $13,151,000 after acquiring an additional 34,095 shares during the period. Finally, Private Advisor Group LLC acquired a new stake in shares of Salient Midstream & MLP Fund in the second quarter valued at approximately $266,000.

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Salient Midstream & MLP Fund Company Profile (NYSE:SMM)

There is no company description available for Salient Midstream & MLP Fund.

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