Kayne Anderson MLP Midstream Invstmnt Co (KYN) Shares Bought by Lee Financial Co

Lee Financial Co lifted its holdings in shares of Kayne Anderson MLP Midstream Invstmnt Co (NYSE:KYN) by 318.2% during the first quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 61,270 shares of the financial services provider’s stock after purchasing an additional 46,620 shares during the period. Lee Financial Co’s holdings in Kayne Anderson MLP Midstream Invstmnt were worth $982,000 as of its most recent filing with the SEC.

Several other large investors have also modified their holdings of KYN. Bank of New York Mellon Corp increased its holdings in shares of Kayne Anderson MLP Midstream Invstmnt by 10.9% in the 3rd quarter. Bank of New York Mellon Corp now owns 49,016 shares of the financial services provider’s stock worth $875,000 after buying an additional 4,806 shares during the last quarter. LPL Financial LLC grew its holdings in shares of Kayne Anderson MLP Midstream Invstmnt by 14.8% during the 3rd quarter. LPL Financial LLC now owns 71,514 shares of the financial services provider’s stock valued at $1,277,000 after purchasing an additional 9,200 shares during the last quarter. Morgan Stanley grew its holdings 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 valued at $105,177,000 after purchasing an additional 220,205 shares during the last quarter. Cohen & Steers Inc. grew its holdings in shares of Kayne Anderson MLP Midstream Invstmnt by 2.6% during the 3rd quarter. Cohen & Steers Inc. now owns 457,229 shares of the financial services provider’s stock valued at $8,162,000 after purchasing an additional 11,556 shares during the last quarter. Finally, Corrado Advisors LLC bought a new position in shares of Kayne Anderson MLP Midstream Invstmnt during the 4th quarter valued at $188,000.

In other Kayne Anderson MLP Midstream Invstmnt news, President James C. Baker bought 40,000 shares of Kayne Anderson MLP Midstream Invstmnt stock in a transaction that occurred on Wednesday, May 22nd. The shares were bought at an average price of $15.83 per share, with a total value of $633,200.00. Following the acquisition, the president now owns 278,437 shares in the company, valued at $4,407,657.71. The purchase was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, VP Alan Boswell sold 2,407 shares of the 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 transaction, the vice president now directly owns 3,018 shares in the company, valued at approximately $47,352.42. The disclosure for this sale can be found here.

Shares of KYN stock traded up $0.08 on Friday, hitting $15.39. 337,205 shares of the company’s stock traded hands, compared to its average volume of 525,433. Kayne Anderson MLP Midstream Invstmnt Co has a one year low of $12.26 and a one year high of $19.85.

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

TRADEMARK VIOLATION NOTICE: “Kayne Anderson MLP Midstream Invstmnt Co (KYN) Shares Bought by Lee Financial Co” was originally published by Sundance Herald and is the property of of Sundance Herald. If you are viewing this report on another site, it was stolen and republished in violation of U.S. & international copyright & trademark law. The original version of this report can be read at https://sundanceherald.com/2019/05/24/lee-financial-co-increases-stake-in-kayne-anderson-mlp-midstream-invstmnt-co-kyn.html.

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.

Featured Article: Forex

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

Receive News & Ratings for Kayne Anderson MLP Midstream Invstmnt Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Kayne Anderson MLP Midstream Invstmnt and related companies with MarketBeat.com's FREE daily email newsletter.



Leave a Reply