Steward Partners Investment Advisory LLC Has $449,000 Position in Kayne Anderson MLP Midstream Invstmnt Co (KYN)

Steward Partners Investment Advisory LLC boosted its position in shares of Kayne Anderson MLP Midstream Invstmnt Co (NYSE:KYN) by 185.5% in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 25,154 shares of the financial services provider’s stock after acquiring an additional 16,343 shares during the period. Steward Partners Investment Advisory LLC’s holdings in Kayne Anderson MLP Midstream Invstmnt were worth $449,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also recently bought and sold shares of the stock. Morgan Stanley raised its holdings in shares of Kayne Anderson MLP Midstream Invstmnt by 8.4% in the second quarter. Morgan Stanley now owns 5,672,086 shares of the financial services provider’s stock worth $106,861,000 after buying an additional 440,435 shares during the last quarter. Allen Investment Management LLC raised its holdings in shares of Kayne Anderson MLP Midstream Invstmnt by 81.5% in the second quarter. Allen Investment Management LLC now owns 511,256 shares of the financial services provider’s stock worth $9,632,000 after buying an additional 229,619 shares during the last quarter. HL Financial Services LLC purchased a new position in shares of Kayne Anderson MLP Midstream Invstmnt in the second quarter worth $3,292,000. Bay Colony Advisory Group Inc d b a Bay Colony Advisors purchased a new position in shares of Kayne Anderson MLP Midstream Invstmnt in the second quarter worth $2,733,000. Finally, Advisors Asset Management Inc. raised its holdings in shares of Kayne Anderson MLP Midstream Invstmnt by 22.6% in the second quarter. Advisors Asset Management Inc. now owns 557,691 shares of the financial services provider’s stock worth $10,507,000 after buying an additional 102,835 shares during the last quarter.

Separately, Bank of America cut shares of Kayne Anderson MLP Midstream Invstmnt from a “buy” rating to a “neutral” rating in a report on Thursday, August 9th.

NYSE KYN opened at $15.60 on Wednesday. Kayne Anderson MLP Midstream Invstmnt Co has a 12-month low of $14.38 and a 12-month high of $20.38.

The business also recently declared a monthly dividend, which will be paid on Monday, December 31st. Shareholders of record on Thursday, December 20th will be issued a $0.15 dividend. The ex-dividend date is Wednesday, December 19th. This represents a $1.80 dividend on an annualized basis and a dividend yield of 11.54%.

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: What does cost of debt say about a company’s financial health?

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

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