Kayne Anderson Midstream Energy Fd, Inc. (NYSE:KMF) Shares Sold by Steward Partners Investment Advisory LLC

Steward Partners Investment Advisory LLC lessened its stake in Kayne Anderson Midstream Energy Fd, Inc. (NYSE:KMF) by 29.2% in the 3rd quarter, HoldingsChannel.com reports. The institutional investor owned 7,713 shares of the closed-end fund’s stock after selling 3,174 shares during the period. Steward Partners Investment Advisory LLC’s holdings in Kayne Anderson Midstream Energy Fd were worth $83,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds also recently modified their holdings of KMF. TRUE Private Wealth Advisors acquired a new position in shares of Kayne Anderson Midstream Energy Fd in the 2nd quarter valued at about $29,000. First Allied Advisory Services Inc. acquired a new position in shares of Kayne Anderson Midstream Energy Fd in the 2nd quarter valued at about $124,000. Coastal Investment Advisors Inc. raised its holdings in Kayne Anderson Midstream Energy Fd by 93.2% in the 2nd quarter. Coastal Investment Advisors Inc. now owns 14,959 shares of the closed-end fund’s stock worth $173,000 after purchasing an additional 7,218 shares during the period. Good Life Advisors LLC raised its holdings in Kayne Anderson Midstream Energy Fd by 7.5% in the 2nd quarter. Good Life Advisors LLC now owns 19,513 shares of the closed-end fund’s stock worth $226,000 after purchasing an additional 1,360 shares during the period. Finally, 6 Meridian raised its holdings in Kayne Anderson Midstream Energy Fd by 7.2% in the 2nd quarter. 6 Meridian now owns 35,757 shares of the closed-end fund’s stock worth $414,000 after purchasing an additional 2,393 shares during the period.

In other Kayne Anderson Midstream Energy Fd news, Director Albert L. Richey purchased 5,016 shares of Kayne Anderson Midstream Energy Fd stock in a transaction that occurred on Friday, August 23rd. The stock was bought at an average price of $10.39 per share, with a total value of $52,116.24. The acquisition was disclosed in a filing with the SEC, which is available at the SEC website.

NYSE KMF opened at $9.95 on Friday. Kayne Anderson Midstream Energy Fd, Inc. has a twelve month low of $8.57 and a twelve month high of $12.36. The stock has a 50-day moving average of $10.45 and a 200 day moving average of $11.11.

The firm also recently declared a monthly dividend, which was paid on Thursday, October 31st. Investors of record on Thursday, October 24th were issued a $0.075 dividend. The ex-dividend date was Wednesday, October 23rd. This represents a $0.90 dividend on an annualized basis and a yield of 9.05%.

About Kayne Anderson Midstream Energy Fd

Kayne Anderson Midstream/Energy Fund, Inc is a close-ended equity mutual fund launched and managed by KA Fund Advisors, LLC. It invests in public equity markets of North America. The fund primarily invests in companies in the midstream/energy sector consisting of Midstream MLPs, Midstream Companies, Other MLPs and Other Energy companies.

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Want to see what other hedge funds are holding KMF? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Kayne Anderson Midstream Energy Fd, Inc. (NYSE:KMF).

Institutional Ownership by Quarter for Kayne Anderson Midstream Energy Fd (NYSE:KMF)

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