Whitnell & Co. Buys 15,058 Shares of Kayne Anderson MLP Midstream Invstmnt Co (NYSE:KYN)

Whitnell & Co. grew its stake in Kayne Anderson MLP Midstream Invstmnt Co (NYSE:KYN) by 5.9% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 269,011 shares of the financial services provider’s stock after purchasing an additional 15,058 shares during the period. Kayne Anderson MLP Midstream Invstmnt makes up approximately 1.3% of Whitnell & Co.’s holdings, making the stock its 24th largest holding. Whitnell & Co.’s holdings in Kayne Anderson MLP Midstream Invstmnt were worth $3,890,000 as of its most recent SEC filing.

Several other hedge funds also recently added to or reduced their stakes in KYN. LLBH Private Wealth Management LLC grew its stake in shares of Kayne Anderson MLP Midstream Invstmnt by 14,203.9% in the 2nd quarter. LLBH Private Wealth Management LLC now owns 1,785,122 shares of the financial services provider’s stock valued at $191,000 after purchasing an additional 1,772,642 shares during the period. Cohen & Steers Inc. grew its position in Kayne Anderson MLP Midstream Invstmnt by 65.1% during the 2nd quarter. Cohen & Steers Inc. now owns 725,055 shares of the financial services provider’s stock worth $11,101,000 after acquiring an additional 285,779 shares during the last quarter. HBK Investments L P bought a new stake in Kayne Anderson MLP Midstream Invstmnt during the 2nd quarter worth approximately $3,469,000. Edge Wealth Management LLC grew its position in Kayne Anderson MLP Midstream Invstmnt by 11,937.6% during the 3rd quarter. Edge Wealth Management LLC now owns 182,369 shares of the financial services provider’s stock worth $2,637,000 after acquiring an additional 180,854 shares during the last quarter. Finally, Bank of Montreal Can grew its position in Kayne Anderson MLP Midstream Invstmnt by 57.9% during the 2nd quarter. Bank of Montreal Can now owns 403,540 shares of the financial services provider’s stock worth $6,178,000 after acquiring an additional 148,040 shares during the last quarter.

NYSE KYN traded down $0.03 during trading hours on Friday, reaching $13.01. 885,827 shares of the company’s stock were exchanged, compared to its average volume of 509,336. Kayne Anderson MLP Midstream Invstmnt Co has a one year low of $12.26 and a one year high of $17.07. The firm has a fifty day moving average of $13.72 and a 200-day moving average of $14.77.

The firm also recently declared a monthly dividend, which was paid on Thursday, October 31st. Investors of record on Thursday, October 24th were given a dividend of $0.12 per share. The ex-dividend date was Wednesday, October 23rd. This represents a $1.44 dividend on an annualized basis and a yield of 11.07%.

In other Kayne Anderson MLP Midstream Invstmnt news, Director Albert L. Richey purchased 5,000 shares of the firm’s stock in a transaction that occurred on Friday, August 23rd. The shares were acquired at an average cost of $13.90 per share, for a total transaction of $69,500.00. Following the transaction, the director now directly owns 17,068 shares in the company, valued at $237,245.20. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link.

About Kayne Anderson MLP Midstream Invstmnt

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.

See Also: Special Dividends

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

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