Crescent Grove Advisors LLC lifted its holdings in Kayne Anderson MLP Investment Co. (NYSE:KYN) by 6.4% in the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 172,995 shares of the financial services provider’s stock after acquiring an additional 10,469 shares during the period. Kayne Anderson MLP Investment accounts for about 0.8% of Crescent Grove Advisors LLC’s portfolio, making the stock its 23rd biggest holding. Crescent Grove Advisors LLC’s holdings in Kayne Anderson MLP Investment were worth $3,143,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Pinnacle Wealth Management Advisory Group LLC bought a new position in shares of Kayne Anderson MLP Investment in the second quarter worth about $189,000. D L Carlson Investment Group Inc. bought a new position in shares of Kayne Anderson MLP Investment in the second quarter worth about $191,000. Alpha Cubed Investments LLC bought a new position in shares of Kayne Anderson MLP Investment in the third quarter worth about $196,000. Intellectus Partners LLC boosted its stake in shares of Kayne Anderson MLP Investment by 9.9% in the second quarter. Intellectus Partners LLC now owns 11,060 shares of the financial services provider’s stock worth $208,000 after acquiring an additional 1,000 shares during the period. Finally, Allegis Investment Advisors LLC boosted its stake in shares of Kayne Anderson MLP Investment by 15.7% in the second quarter. Allegis Investment Advisors LLC now owns 15,500 shares of the financial services provider’s stock worth $292,000 after acquiring an additional 2,099 shares during the period.

Shares of Kayne Anderson MLP Investment Co. (NYSE KYN) traded down $0.20 during trading on Monday, reaching $15.46. The company had a trading volume of 1,248,100 shares, compared to its average volume of 414,341. Kayne Anderson MLP Investment Co. has a 52 week low of $15.27 and a 52 week high of $22.15.

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In other news, VP Ron M. Logan, Jr. purchased 20,000 shares of the company’s stock in a transaction that occurred on Thursday, October 26th. The stock was bought at an average cost of $15.75 per share, with a total value of $315,000.00. Following the completion of the purchase, the vice president now owns 30,773 shares in the company, valued at $484,674.75. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink.

Kayne Anderson MLP Investment Company Profile

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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