Whitnell & Co. Has $3.27 Million Holdings in Kayne Anderson MLP Midstream Invstmnt Co (KYN)

Whitnell & Co. lessened its holdings in shares of Kayne Anderson MLP Midstream Invstmnt Co (NYSE:KYN) by 7.5% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 237,374 shares of the financial services provider’s stock after selling 19,175 shares during the period. Kayne Anderson MLP Midstream Invstmnt comprises 1.4% of Whitnell & Co.’s holdings, making the stock its 22nd largest holding. Whitnell & Co.’s holdings in Kayne Anderson MLP Midstream Invstmnt were worth $3,266,000 as of its most recent SEC filing.

Several other large investors have also made changes to their positions in the business. Wells Fargo & Company MN boosted its position in shares of Kayne Anderson MLP Midstream Invstmnt by 73.5% during the 3rd quarter. Wells Fargo & Company MN now owns 969,942 shares of the financial services provider’s stock worth $17,314,000 after acquiring an additional 411,012 shares in the last quarter. Signature Estate & Investment Advisors LLC boosted its position in shares of Kayne Anderson MLP Midstream Invstmnt by 87.9% during the 4th quarter. Signature Estate & Investment Advisors LLC now owns 826,274 shares of the financial services provider’s stock worth $11,370,000 after acquiring an additional 386,575 shares in the last quarter. Morgan Stanley boosted its position in shares of Kayne Anderson MLP Midstream Invstmnt by 3.9% during the 3rd quarter. Morgan Stanley now owns 5,892,291 shares of the financial services provider’s stock worth $105,177,000 after acquiring an additional 220,205 shares in the last quarter. NINE MASTS CAPITAL Ltd acquired a new stake in shares of Kayne Anderson MLP Midstream Invstmnt during the 3rd quarter worth approximately $3,643,000. Finally, Advisors Asset Management Inc. boosted its position in shares of Kayne Anderson MLP Midstream Invstmnt by 22.6% during the 2nd quarter. Advisors Asset Management Inc. now owns 557,691 shares of the financial services provider’s stock worth $10,507,000 after acquiring an additional 102,835 shares in the last quarter.

Shares of NYSE KYN traded up $0.30 during trading hours on Tuesday, hitting $15.51. 984 shares of the stock were exchanged, compared to its average volume of 764,029. Kayne Anderson MLP Midstream Invstmnt Co has a 1-year low of $12.26 and a 1-year high of $19.85.

The company also recently declared a monthly dividend, which will be paid on Thursday, February 28th. Investors of record on Thursday, February 14th will be given a dividend of $0.12 per share. The ex-dividend date is Wednesday, February 13th. This represents a $1.44 annualized dividend and a dividend yield of 9.28%.

In other news, Director William H. Shea, Jr. purchased 2,000 shares of Kayne Anderson MLP Midstream Invstmnt stock in a transaction that occurred on Friday, December 28th. The shares were acquired at an average price of $12.75 per share, for a total transaction of $25,500.00. Following the transaction, the director now owns 10,219 shares of the company’s stock, valued at approximately $130,292.25. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, President James C. Baker purchased 10,000 shares of Kayne Anderson MLP Midstream Invstmnt stock in a transaction that occurred on Friday, December 21st. The shares were purchased at an average price of $13.67 per share, for a total transaction of $136,700.00. Following the transaction, the president now directly owns 217,039 shares in the company, valued at approximately $2,966,923.13. The disclosure for this purchase can be found here. Insiders have purchased a total of 44,000 shares of company stock worth $594,340 in the last quarter.

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Kayne Anderson MLP Midstream Invstmnt Company Profile

Kayne Anderson MLP Investment Company is a closed ended equity mutual fund launched and managed by KA Fund Advisors, LLC. It is co-managed by Kayne Anderson Capital Advisors, L.P. The fund invests in the public equity markets of the United States. It invests in stocks of companies operating in the energy sector.

Further Reading: Return on Equity (ROE)

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

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