Whitnell Lowers stake in Kayne Anderson MLP Investment Co. (KYN)

Kayne Anderson MLP Investment Co. (KYN) : Whitnell reduced its stake in Kayne Anderson MLP Investment Co. by 8.73% during the most recent quarter end. The investment management company now holds a total of 198,495 shares of Kayne Anderson MLP Investment Co. which is valued at $3,795,224 after selling 18,995 shares in Kayne Anderson MLP Investment Co. , the firm said in a disclosure report filed with the SEC on Aug 8, 2016.Kayne Anderson MLP Investment Co. makes up approximately 1.21% of Whitnell’s portfolio.

Other Hedge Funds, Including , Mengis Capital Management reduced its stake in KYN by selling 507 shares or 1.37% in the most recent quarter. The Hedge Fund company now holds 36,440 shares of KYN which is valued at $696,733. Kayne Anderson MLP Investment Co. makes up approx 0.59% of Mengis Capital Management’s portfolio.Welch Forbes boosted its stake in KYN in the latest quarter, The investment management firm added 13,621 additional shares and now holds a total of 1,258,848 shares of Kayne Anderson MLP Investment Co. which is valued at $24,069,174. Kayne Anderson MLP Investment Co. makes up approx 0.71% of Welch Forbes’s portfolio.Sit Investment Associates Inc reduced its stake in KYN by selling 283,500 shares or 43.28% in the most recent quarter. The Hedge Fund company now holds 371,485 shares of KYN which is valued at $7,087,934. Kayne Anderson MLP Investment Co. makes up approx 0.18% of Sit Investment Associates Inc’s portfolio. Simplex Trading sold out all of its stake in KYN during the most recent quarter. The investment firm sold 11,490 shares of KYN which is valued $226,813.

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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