Connor Clark & Lunn Investment Management Ltd. Acquires Shares of 5,513,189 Kinder Morgan Canada Limited $KMLGF

Connor Clark & Lunn Investment Management Ltd. bought a new stake in shares of Kinder Morgan Canada Limited (OTCMKTS:KMLGF) in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm bought 5,513,189 shares of the company’s stock, valued at approximately $176,257,000.

A number of other hedge funds also recently made changes to their positions in KMLGF. Kayne Anderson Capital Advisors LP purchased a new position in shares of Kinder Morgan Canada in the 2nd quarter worth about $297,670,000. Advisors Capital Management LLC bought a new position in Kinder Morgan Canada during the second quarter valued at about $97,668,000. Bruni J V & Co. Co. purchased a new stake in Kinder Morgan Canada during the second quarter worth about $45,364,663,000. Korea Investment CORP purchased a new stake in Kinder Morgan Canada during the second quarter worth about $40,983,000. Finally, Ieq Capital LLC bought a new stake in Kinder Morgan Canada in the second quarter worth about $13,994,000.

Kinder Morgan Canada Stock Performance

KMLGF opened at $10.88 on Monday. Kinder Morgan Canada Limited has a twelve month low of $8.05 and a twelve month high of $35.53. The company’s 50-day moving average price is $10.88 and its two-hundred day moving average price is $10.88.

About Kinder Morgan Canada

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.