Salient Midstream & MLP Fund CEO Gregory Allen Reid Sells 2,842 Shares (SMM)
Salient Midstream & MLP Fund (NYSE:SMM) CEO Gregory Allen Reid unloaded 2,842 shares of the stock on the open market in a transaction dated Tuesday, May 13th. The shares were sold at an average price of $26.14, for a total transaction of $74,289.88. Following the completion of the transaction, the chief executive officer now directly owns 34,187 shares of the company’s stock, valued at approximately $893,648. The sale was disclosed in a filing with the SEC, which is available at this link.
Salient Midstream & MLP Fund (NYSE:SMM) traded down 0.53% during mid-day trading on Wednesday, hitting $26.15. 36,298 shares of the company’s stock traded hands. Salient Midstream & MLP Fund has a 52 week low of $21.28 and a 52 week high of $27.25. The stock’s 50-day moving average is $25.33 and its 200-day moving average is $23.93.
Salient Midstream & MLP Fund (NYSE:SMM) is a non-diversified, closed-end management investment company.
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