Daiichi Life Insurance Co. Ltd. Makes New Investment in Kinder Morgan Canada Limited $KMLGF

Daiichi Life Insurance Co. Ltd. acquired a new stake in Kinder Morgan Canada Limited (OTCMKTS:KMLGF) during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor acquired 203,770 shares of the company’s stock, valued at approximately $6,515,000.

Several other institutional investors and hedge funds also recently modified their holdings of the business. Addison Advisors LLC purchased a new position in shares of Kinder Morgan Canada during the 2nd quarter worth approximately $37,000. Rakuten Securities Inc. purchased a new stake in Kinder Morgan Canada in the 2nd quarter valued at approximately $38,000. BOK Financial Private Wealth Inc. acquired a new stake in Kinder Morgan Canada during the 2nd quarter valued at $49,000. Keating Financial Advisory Services Inc. acquired a new stake in Kinder Morgan Canada during the 2nd quarter valued at $58,000. Finally, Hara Capital LLC purchased a new position in Kinder Morgan Canada during the second quarter worth $201,000.

Kinder Morgan Canada Stock Performance

Kinder Morgan Canada stock opened at $10.88 on Friday. The stock has a 50-day moving average price of $10.88 and a 200 day moving average price of $10.88. Kinder Morgan Canada Limited has a 52 week low of $8.05 and a 52 week high of $35.53.

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.