From GlobeNewswire: 2024-04-09 08:00:00

Westwood Holdings Group has launched the Westwood Salient Enhanced Midstream Income ETF (MDST), the first ETF from the company. MDST aims to provide current income and capital appreciation by investing in midstream energy companies and MLPs. It utilizes an active energy-focused equity portfolio with an options overlay for enhanced income distributions. The ETF seeks high dividend yields through covered calls to achieve a double-digit target. Westwood’s innovative ETF offers clients liquidity, transparency, and tax efficiency. For more information on Westwood’s ETF offerings, visit westwoodetfs.com.
Founded in 1983, Westwood Holdings Group is an investment management boutique and wealth management firm specializing in various investment capabilities. They offer separate accounts, mutual funds, ETFs, and other pooled vehicles. Westwood has a significant employee ownership and trades on the NYSE under “WHG.” The company is based in Dallas and has offices in Chicago, Houston, and San Francisco. Westwood ETFs are distributed by Northern Lights Distributors, LLC, but Westwood Holdings Group, Inc. are separate entities.



Read more at GlobeNewswire: Westwood Launches First Exchange-Traded Fund: Westwood