Tocqueville Asset Management L.P. Purchases Shares of 169,359 Kinder Morgan Canada Limited $KMLGF

Tocqueville Asset Management L.P. purchased a new stake in Kinder Morgan Canada Limited (OTCMKTS:KMLGF) in the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor purchased 169,359 shares of the company’s stock, valued at approximately $5,414,000.

Several other hedge funds also recently added to or reduced their stakes in the stock. Addison Advisors LLC acquired a new stake in Kinder Morgan Canada during the second quarter worth approximately $37,000. BOK Financial Private Wealth Inc. acquired a new position in shares of Kinder Morgan Canada in the 2nd quarter valued at $49,000. West Family Investments Inc. acquired a new position in shares of Kinder Morgan Canada in the 2nd quarter valued at $315,000. Amplify Investments LLC purchased a new position in shares of Kinder Morgan Canada in the 2nd quarter valued at $512,000. Finally, Gables Capital Management Inc. purchased a new position in shares of Kinder Morgan Canada in the 2nd quarter valued at $1,444,000.

Kinder Morgan Canada Stock Performance

Shares of OTCMKTS:KMLGF opened at $10.88 on Friday. The company’s fifty day moving average price is $10.88 and its 200 day moving average price is $10.88. Kinder Morgan Canada Limited has a 12 month low of $8.05 and a 12 month high of $35.53.

Kinder Morgan Canada Company 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.