Kayne Anderson MLP Investment Co. (KYN) Holdings Boosted by Sit Investment Associates Inc.

Sit Investment Associates Inc. boosted its stake in shares of Kayne Anderson MLP Investment Co. (NYSE:KYN) by 6.3% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 1,014,356 shares of the financial services provider’s stock after buying an additional 60,120 shares during the quarter. Sit Investment Associates Inc. owned 0.89% of Kayne Anderson MLP Investment worth $19,323,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds also recently modified their holdings of the business. Alpha Cubed Investments LLC purchased a new position in shares of Kayne Anderson MLP Investment during the third quarter valued at approximately $196,000. Intellectus Partners LLC lifted its stake in shares of Kayne Anderson MLP Investment by 9.9% during the second quarter. Intellectus Partners LLC now owns 11,060 shares of the financial services provider’s stock valued at $208,000 after buying an additional 1,000 shares during the period. Northern Trust Corp lifted its stake in shares of Kayne Anderson MLP Investment by 21.4% during the second quarter. Northern Trust Corp now owns 16,767 shares of the financial services provider’s stock valued at $316,000 after buying an additional 2,950 shares during the period. Steward Partners Investment Advisory LLC purchased a new position in shares of Kayne Anderson MLP Investment during the third quarter valued at approximately $322,000. Finally, M&R Capital Management Inc. lifted its stake in shares of Kayne Anderson MLP Investment by 2.3% during the second quarter. M&R Capital Management Inc. now owns 24,980 shares of the financial services provider’s stock valued at $430,000 after buying an additional 550 shares during the period.

Shares of Kayne Anderson MLP Investment Co. (NYSE KYN) traded down $0.58 on Friday, hitting $18.66. 578,265 shares of the company traded hands, compared to its average volume of 840,809. The stock has a market capitalization of $2,130.00, a P/E ratio of -13.42 and a beta of 0.74. Kayne Anderson MLP Investment Co. has a fifty-two week low of $14.38 and a fifty-two week high of $22.15.

The business also recently declared a quarterly dividend, which was paid on Friday, January 12th. Shareholders of record on Friday, January 5th were paid a dividend of $0.45 per share. This represents a $1.80 dividend on an annualized basis and a yield of 9.65%. The ex-dividend date of this dividend was Thursday, January 4th.

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About Kayne Anderson MLP Investment

Kayne Anderson MLP Investment Company is a non-diversified, closed-end management investment company. The Company’s investment objective is to obtain a high after-tax total return by investing at least 85% of its total assets in energy-related master limited partnerships and their affiliates (MLPs) and in other companies that operate assets used in the gathering, transporting, processing, storing, refining, distributing, mining or marketing of natural gas, natural gas liquids, crude oil, refined petroleum products or coal.

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

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