Bank of America Corp DE Has $4.68 Million Position in Kayne Anderson Midstream Energy Fd, Inc. (KMF)

Bank of America Corp DE reduced its holdings in Kayne Anderson Midstream Energy Fd, Inc. (NYSE:KMF) by 11.4% during the 2nd quarter, HoldingsChannel.com reports. The fund owned 361,424 shares of the closed-end fund’s stock after selling 46,347 shares during the quarter. Bank of America Corp DE’s holdings in Kayne Anderson Midstream Energy Fd were worth $4,681,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds have also bought and sold shares of the company. Wolverine Asset Management LLC acquired a new stake in Kayne Anderson Midstream Energy Fd in the 2nd quarter valued at approximately $386,000. NINE MASTS CAPITAL Ltd increased its position in Kayne Anderson Midstream Energy Fd by 268.6% in the 2nd quarter. NINE MASTS CAPITAL Ltd now owns 18,800 shares of the closed-end fund’s stock valued at $243,000 after acquiring an additional 13,700 shares during the period. Kayne Anderson Capital Advisors LP increased its position in Kayne Anderson Midstream Energy Fd by 6.9% in the 2nd quarter. Kayne Anderson Capital Advisors LP now owns 61,740 shares of the closed-end fund’s stock valued at $799,000 after acquiring an additional 4,000 shares during the period. BB&T Securities LLC acquired a new stake in Kayne Anderson Midstream Energy Fd in the 2nd quarter valued at approximately $487,000. Finally, Usca Ria LLC increased its position in Kayne Anderson Midstream Energy Fd by 12.1% in the 2nd quarter. Usca Ria LLC now owns 70,105 shares of the closed-end fund’s stock valued at $908,000 after acquiring an additional 7,575 shares during the period.

In other news, insider James C. Baker purchased 20,000 shares of the stock in a transaction dated Tuesday, October 2nd. The shares were bought at an average cost of $13.00 per share, for a total transaction of $260,000.00. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website.

Shares of KMF stock opened at $11.16 on Tuesday. Kayne Anderson Midstream Energy Fd, Inc. has a 1 year low of $11.27 and a 1 year high of $15.32.

The company also recently declared a monthly dividend, which will be paid on Friday, November 30th. Stockholders of record on Thursday, November 15th will be given a dividend of $0.10 per share. This represents a $1.20 annualized dividend and a dividend yield of 10.75%. The ex-dividend date is Wednesday, November 14th.

Kayne Anderson Midstream Energy Fd Company Profile

Kayne Anderson Midstream/Energy Fund, Inc is a close-ended equity mutual fund launched and managed by KA Fund Advisors, LLC. It invests in public equity markets of North America. The fund primarily invests in companies in the midstream/energy sector consisting of Midstream MLPs, Midstream Companies, Other MLPs and Other Energy companies.

Further Reading: Float

Want to see what other hedge funds are holding KMF? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Kayne Anderson Midstream Energy Fd, Inc. (NYSE:KMF).

Institutional Ownership by Quarter for Kayne Anderson Midstream Energy Fd (NYSE:KMF)

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

Leave a Reply