Daiichi Life Insurance Co. Ltd. Buys New Holdings 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 13F filing with the Securities and Exchange Commission. The firm acquired 203,770 shares of the company’s stock, valued at approximately $6,515,000.

Several other institutional investors have also recently added to or reduced their stakes in KMLGF. Gables Capital Management Inc. purchased a new stake in shares of Kinder Morgan Canada during the 2nd quarter worth approximately $1,444,000. Diversify Advisory Services LLC acquired a new stake in shares of Kinder Morgan Canada during the second quarter worth about $1,460,000. BOK Financial Private Wealth Inc. purchased a new position in shares of Kinder Morgan Canada in the 2nd quarter valued at approximately $49,000. Compass Wealth Management LLC purchased a new position in Kinder Morgan Canada in the 2nd quarter valued at $3,847,000. Finally, Amplify Investments LLC purchased a new stake in shares of Kinder Morgan Canada in the second quarter valued at about $512,000.

Kinder Morgan Canada Price Performance

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