Legal & General Group Plc Acquires Shares of 12,894,790 Kinder Morgan Canada Limited $KMLGF

Legal & General Group Plc bought a new position in Kinder Morgan Canada Limited (OTCMKTS:KMLGF) in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor bought 12,894,790 shares of the company’s stock, valued at approximately $412,246,000.

Other institutional investors also recently modified their holdings of the company. Kayne Anderson Capital Advisors LP purchased a new position in shares of Kinder Morgan Canada during the 2nd quarter valued at $297,670,000. Connor Clark & Lunn Investment Management Ltd. acquired a new position in shares of Kinder Morgan Canada in the second quarter worth $176,257,000. Advisors Capital Management LLC purchased a new stake in shares of Kinder Morgan Canada during the second quarter worth $97,668,000. The Manufacturers Life Insurance Company purchased a new stake in shares of Kinder Morgan Canada during the second quarter worth $96,612,000. Finally, Bruni J V & Co. Co. acquired a new stake in Kinder Morgan Canada during the second quarter valued at $45,364,663,000.

Kinder Morgan Canada Stock Performance

Shares of OTCMKTS KMLGF opened at $10.88 on Wednesday. The business’s 50-day moving average price is $10.88 and its two-hundred day moving average price is $10.88. Kinder Morgan Canada Limited has a one year low of $8.05 and a one year high of $35.53.

About Kinder Morgan Canada

Kinder Morgan Canada (OTCMKTS: KMLGF) is a leading energy infrastructure company in Canada, specializing in the transportation and storage of crude oil, refined petroleum products and natural gas liquids. As a subsidiary of Kinder Morgan, Inc, the company operates an extensive network of pipelines and terminals that serve oil producers, refiners and exporters across Western Canada and the Pacific Northwest. Its core business centers on safe, reliable and cost-effective movement of hydrocarbons from production areas in Alberta to domestic markets and coastal export terminals.

The company’s pipeline portfolio includes the Trans Mountain system, which runs from Alberta’s oil sands region to the British Columbia coast, the Cochin pipeline linking Canadian supply hubs with U.S.