Brown Advisory Securities LLC Sells 1,880 Shares of Kayne Anderson MLP Midstream Invstmnt Co (KYN)

Brown Advisory Securities LLC trimmed its position in Kayne Anderson MLP Midstream Invstmnt Co (NYSE:KYN) by 14.1% during the 4th quarter, HoldingsChannel.com reports. The firm owned 11,430 shares of the financial services provider’s stock after selling 1,880 shares during the period. Brown Advisory Securities LLC’s holdings in Kayne Anderson MLP Midstream Invstmnt were worth $162,000 as of its most recent SEC filing.

A number of other hedge funds have also recently modified their holdings of the stock. Private Advisor Group LLC lifted its position in shares of Kayne Anderson MLP Midstream Invstmnt by 170.2% in the third quarter. Private Advisor Group LLC now owns 28,912 shares of the financial services provider’s stock worth $516,000 after purchasing an additional 18,210 shares in the last quarter. Wells Fargo & Company MN lifted its position in shares of Kayne Anderson MLP Midstream Invstmnt by 73.5% in the third quarter. Wells Fargo & Company MN now owns 969,942 shares of the financial services provider’s stock worth $17,314,000 after purchasing an additional 411,012 shares in the last quarter. Cambridge Investment Research Advisors Inc. lifted its position in shares of Kayne Anderson MLP Midstream Invstmnt by 3.9% in the third quarter. Cambridge Investment Research Advisors Inc. now owns 85,578 shares of the financial services provider’s stock worth $1,528,000 after purchasing an additional 3,227 shares in the last quarter. Janney Montgomery Scott LLC lifted its position in shares of Kayne Anderson MLP Midstream Invstmnt by 7.7% in the third quarter. Janney Montgomery Scott LLC now owns 149,218 shares of the financial services provider’s stock worth $2,664,000 after purchasing an additional 10,663 shares in the last quarter. Finally, Commonwealth Equity Services LLC lifted its position in shares of Kayne Anderson MLP Midstream Invstmnt by 2.2% in the third quarter. Commonwealth Equity Services LLC now owns 259,956 shares of the financial services provider’s stock worth $4,640,000 after purchasing an additional 5,477 shares in the last quarter.

Shares of KYN stock opened at $15.70 on Thursday. Kayne Anderson MLP Midstream Invstmnt Co has a 12 month low of $12.26 and a 12 month high of $19.85.



The firm also recently disclosed a monthly dividend, which was paid on Thursday, February 28th. Stockholders of record on Thursday, February 14th were given a $0.12 dividend. This represents a $1.44 dividend on an annualized basis and a dividend yield of 9.17%. The ex-dividend date was Wednesday, February 13th.

In other news, VP Jody Meraz purchased 2,000 shares of the company’s stock in a transaction on Tuesday, December 18th. The shares were purchased at an average cost of $14.02 per share, with a total value of $28,040.00. Following the completion of the transaction, the vice president now owns 27,484 shares of the company’s stock, valued at approximately $385,325.68. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, VP Alan Boswell sold 2,407 shares of the company’s stock in a transaction on Tuesday, February 26th. The stock was sold at an average price of $15.69, for a total transaction of $37,765.83. Following the sale, the vice president now directly owns 3,018 shares in the company, valued at $47,352.42. The disclosure for this sale can be found here. In the last three months, insiders bought 44,000 shares of company stock worth $594,340.

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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.

Read More: Systematic Risk

Want to see what other hedge funds are holding KYN? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Kayne Anderson MLP Midstream Invstmnt Co (NYSE:KYN).

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

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