Kayne Anderson MLP Midstream Invstmnt Co (KYN) Stake Lifted by Magnus Financial Group LLC

Magnus Financial Group LLC lifted its position in shares of Kayne Anderson MLP Midstream Invstmnt Co (NYSE:KYN) by 64.1% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 25,567 shares of the financial services provider’s stock after purchasing an additional 9,983 shares during the period. Magnus Financial Group LLC’s holdings in Kayne Anderson MLP Midstream Invstmnt were worth $410,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently made changes to their positions in the company. National Asset Management Inc. boosted its stake in Kayne Anderson MLP Midstream Invstmnt by 1.3% in the 4th quarter. National Asset Management Inc. now owns 55,571 shares of the financial services provider’s stock worth $765,000 after purchasing an additional 740 shares in the last quarter. Creative Planning increased its holdings in Kayne Anderson MLP Midstream Invstmnt by 4.0% in the 4th quarter. Creative Planning now owns 22,756 shares of the financial services provider’s stock worth $313,000 after acquiring an additional 882 shares in the last quarter. Pin Oak Investment Advisors Inc. increased its holdings in Kayne Anderson MLP Midstream Invstmnt by 0.9% in the 4th quarter. Pin Oak Investment Advisors Inc. now owns 109,779 shares of the financial services provider’s stock worth $1,511,000 after acquiring an additional 1,000 shares in the last quarter. Whittier Trust Co. increased its holdings in Kayne Anderson MLP Midstream Invstmnt by 34.5% in the 4th quarter. Whittier Trust Co. now owns 4,439 shares of the financial services provider’s stock worth $61,000 after acquiring an additional 1,139 shares in the last quarter. Finally, Morse Asset Management Inc increased its holdings in Kayne Anderson MLP Midstream Invstmnt by 7.7% in the 1st quarter. Morse Asset Management Inc now owns 16,700 shares of the financial services provider’s stock worth $268,000 after acquiring an additional 1,200 shares in the last quarter.

In related news, President James C. Baker acquired 40,000 shares of the business’s stock in a transaction on Wednesday, May 22nd. The stock was acquired at an average cost of $15.83 per share, with a total value of $633,200.00. Following the acquisition, the president now directly owns 278,437 shares in the company, valued at approximately $4,407,657.71. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, VP Alan Boswell sold 2,407 shares of the firm’s stock in a transaction on Tuesday, February 26th. The shares were sold at an average price of $15.69, for a total transaction of $37,765.83. Following the completion of the transaction, the vice president now directly owns 3,018 shares of the company’s stock, valued at $47,352.42. The disclosure for this sale can be found here.

Kayne Anderson MLP Midstream Invstmnt stock traded up $0.08 during midday trading on Friday, hitting $15.39. The stock had a trading volume of 337,205 shares, compared to its average volume of 525,433. Kayne Anderson MLP Midstream Invstmnt Co has a 52-week low of $12.26 and a 52-week high of $19.85.

The company also recently announced a monthly dividend, which was paid on Tuesday, April 30th. Investors of record on Thursday, April 18th were issued a $0.12 dividend. This represents a $1.44 annualized dividend and a yield of 9.36%. The ex-dividend date was Wednesday, April 17th.

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Kayne Anderson MLP Midstream Invstmnt Company 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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