Homrich Berg buys $1.2 Million stake in Kayne Anderson MLP Investment Co. (KYN)

Kayne Anderson MLP Investment Co. (KYN) : Homrich Berg scooped up 33,094 additional shares in Kayne Anderson MLP Investment Co. during the most recent quarter end , the firm said in a disclosure report filed with the SEC on May 12, 2016. The investment management firm now holds a total of 72,045 shares of Kayne Anderson MLP Investment Co. which is valued at $1.2 Million.Kayne Anderson MLP Investment Co. makes up approximately 0.12% of Homrich Berg’s portfolio.

Other Hedge Funds, Including , Baird Financial Group boosted its stake in KYN in the latest quarter, The investment management firm added 34,207 additional shares and now holds a total of 94,944 shares of Kayne Anderson MLP Investment Co. which is valued at $1.6 Million. Kayne Anderson MLP Investment Co. makes up approx 0.02% of Baird Financial Group’s portfolio.Welch Forbes boosted its stake in KYN in the latest quarter, The investment management firm added 9,869 additional shares and now holds a total of 1,245,227 shares of Kayne Anderson MLP Investment Co. which is valued at $21.4 Million. Kayne Anderson MLP Investment Co. makes up approx 0.67% of Welch Forbes’s portfolio. Checchi Capital Advisers added KYN to its portfolio by purchasing 3,000 company shares during the most recent quarter which is valued at $51,540. Kayne Anderson MLP Investment Co. makes up approx 0.01% of Checchi Capital Advisers’s portfolio.Commerce Bank boosted its stake in KYN in the latest quarter, The investment management firm added 2,174 additional shares and now holds a total of 51,020 shares of Kayne Anderson MLP Investment Co. which is valued at $924,482. Kayne Anderson MLP Investment Co. makes up approx 0.02% of Commerce Bank’s portfolio.

Many Wall Street Analysts have commented on Kayne Anderson MLP Investment Co.. Kayne Anderson MLP Investment Co. was Downgraded by Ladenburg Thalmann to ” Neutral” on Feb 16, 2016.

Kayne Anderson MLP Investment Company is a non-diversified closed-end fund. The Fund’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. The Fund’s investments are principally in equity securities issued by MLPs but it also may invest in debt securities of MLPs and equity/debt securities of other midstream energy companies. KA Fund Advisors LLC is the Fund’s investment adviser.

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