NewEdge Wealth LLC purchased a new position in shares of Kinder Morgan Canada Limited (OTCMKTS:KMLGF – Free Report) during the second quarter, HoldingsChannel reports. The fund purchased 69,267 shares of the company’s stock, valued at approximately $2,214,000.
Other institutional investors and hedge funds also recently made changes to their positions in the company. Bruni J V & Co. Co. bought a new stake in shares of Kinder Morgan Canada in the 2nd quarter valued at $45,364,663,000. Compass Wealth Management LLC bought a new position in Kinder Morgan Canada during the second quarter worth about $3,847,000. Diversify Advisory Services LLC bought a new position in Kinder Morgan Canada during the second quarter worth about $1,460,000. Gables Capital Management Inc. acquired a new position in Kinder Morgan Canada in the second quarter valued at about $1,444,000. Finally, Amplify Investments LLC bought a new stake in shares of Kinder Morgan Canada in the second quarter worth about $512,000.
Kinder Morgan Canada Stock Performance
Shares of Kinder Morgan Canada stock opened at $10.88 on Friday. The business has a 50-day moving average of $10.88 and a two-hundred day moving average of $10.88. Kinder Morgan Canada Limited has a 1 year low of $8.05 and a 1 year high of $35.53.
Kinder Morgan Canada Profile
Kinder Morgan Canada (OTCMKTS: KMLGF) is a leading energy infrastructure company in Canada, specializing in the transportation and storage of crude oil, refined petroleum products and natural gas liquids. As a subsidiary of Kinder Morgan, Inc, the company operates an extensive network of pipelines and terminals that serve oil producers, refiners and exporters across Western Canada and the Pacific Northwest. Its core business centers on safe, reliable and cost-effective movement of hydrocarbons from production areas in Alberta to domestic markets and coastal export terminals.
The company’s pipeline portfolio includes the Trans Mountain system, which runs from Alberta’s oil sands region to the British Columbia coast, the Cochin pipeline linking Canadian supply hubs with U.S.
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