Wells Fargo & Company MN Grows Stake in Kayne Anderson MLP Investment Co. (KYN)

Wells Fargo & Company MN grew its holdings in Kayne Anderson MLP Investment Co. (NYSE:KYN) by 1.8% during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 542,981 shares of the financial services provider’s stock after purchasing an additional 9,735 shares during the quarter. Wells Fargo & Company MN owned approximately 0.47% of Kayne Anderson MLP Investment worth $8,943,000 at the end of the most recent quarter.

Other hedge funds have also added to or reduced their stakes in the company. Tower Research Capital LLC TRC acquired a new stake in shares of Kayne Anderson MLP Investment in the fourth quarter valued at approximately $107,000. Ford Financial Group Inc. acquired a new stake in shares of Kayne Anderson MLP Investment in the fourth quarter valued at approximately $179,000. Mengis Capital Management Inc. acquired a new stake in shares of Kayne Anderson MLP Investment in the fourth quarter valued at approximately $241,000. Yorkville Capital Management LLC acquired a new stake in shares of Kayne Anderson MLP Investment in the fourth quarter valued at approximately $287,000. Finally, Haverford Trust Co. grew its position in shares of Kayne Anderson MLP Investment by 55.7% in the fourth quarter. Haverford Trust Co. now owns 16,877 shares of the financial services provider’s stock valued at $322,000 after purchasing an additional 6,037 shares during the last quarter.

In other news, CEO Kevin S. Mccarthy bought 14,265 shares of the firm’s stock in a transaction that occurred on Tuesday, May 1st. The shares were purchased at an average price of $17.53 per share, for a total transaction of $250,065.45. Following the completion of the transaction, the chief executive officer now owns 529,121 shares in the company, valued at $9,275,491.13. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link.

KYN stock opened at $18.44 on Friday. Kayne Anderson MLP Investment Co. has a 12 month low of $14.38 and a 12 month high of $20.38.

About Kayne Anderson MLP Investment

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.

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

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