RMB Capital Management LLC Purchases 1,658 Shares of Kayne Anderson MLP Midstream Invstmnt Co (NYSE:KYN)

RMB Capital Management LLC increased its position in shares of Kayne Anderson MLP Midstream Invstmnt Co (NYSE:KYN) by 0.9% in the second quarter, Holdings Channel reports. The institutional investor owned 181,873 shares of the financial services provider’s stock after buying an additional 1,658 shares during the period. RMB Capital Management LLC’s holdings in Kayne Anderson MLP Midstream Invstmnt were worth $2,784,000 as of its most recent SEC filing.

Several other large investors have also recently bought and sold shares of KYN. NEXT Financial Group Inc grew its holdings in shares of Kayne Anderson MLP Midstream Invstmnt by 934.2% during the second quarter. NEXT Financial Group Inc now owns 1,965 shares of the financial services provider’s stock worth $30,000 after buying an additional 1,775 shares in the last quarter. CENTRAL TRUST Co grew its stake in Kayne Anderson MLP Midstream Invstmnt by 41.9% in the second quarter. CENTRAL TRUST Co now owns 2,128 shares of the financial services provider’s stock valued at $34,000 after purchasing an additional 628 shares in the last quarter. Icon Wealth Partners LLC bought a new position in Kayne Anderson MLP Midstream Invstmnt in the first quarter valued at approximately $36,000. Capital Investment Advisors LLC bought a new position in Kayne Anderson MLP Midstream Invstmnt in the second quarter valued at approximately $42,000. Finally, TRUE Private Wealth Advisors bought a new position in Kayne Anderson MLP Midstream Invstmnt in the second quarter valued at approximately $45,000.

KYN stock traded up $0.14 during mid-day trading on Friday, reaching $14.85. The company had a trading volume of 388,179 shares, compared to its average volume of 483,722. The stock has a 50 day simple moving average of $14.44 and a two-hundred day simple moving average of $15.36. Kayne Anderson MLP Midstream Invstmnt Co has a 52 week low of $12.26 and a 52 week high of $18.55.

The business also recently declared a dividend, which will be paid on Monday, September 30th. Shareholders of record on Thursday, September 19th will be paid a $0.12 dividend. The ex-dividend date is Wednesday, September 18th.

In related news, Director Albert L. Richey purchased 5,000 shares of the firm’s stock in a transaction on Friday, August 23rd. The stock was purchased at an average cost of $13.90 per share, for a total transaction of $69,500.00. Following the completion of the purchase, the director now directly owns 17,068 shares in the company, valued at $237,245.20. The acquisition was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, President James C. Baker purchased 20,000 shares of the firm’s stock in a transaction on Friday, June 28th. The stock was bought at an average price of $15.26 per share, with a total value of $305,200.00. Following the completion of the purchase, the president now owns 298,564 shares of the company’s stock, valued at $4,556,086.64. The disclosure for this purchase can be found here. Over the last 90 days, insiders acquired 30,304 shares of company stock valued at $455,215.

Kayne Anderson MLP Midstream Invstmnt Profile

Kayne Anderson MLP/Midstream Investment Co operates as a closed end management investment trust, which invests principally in equity securities of energy-related master limited partnerships. Its investment objective is to obtain high after-tax total returns for its shareholders. The company was founded on June 4, 2004 and is headquartered in Houston, TX.

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Institutional Ownership by Quarter for Kayne Anderson MLP Midstream Invstmnt (NYSE:KYN)

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