Kayne Anderson Rudnick Investment Management LLC lowered its holdings in Kayne Anderson MLP Investment Company (NYSE:KYN) by 1.3% during the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 716,766 shares of the financial services provider’s stock after selling 9,256 shares during the quarter. Kayne Anderson Rudnick Investment Management LLC owned 0.63% of Kayne Anderson MLP Investment worth $13,026,000 as of its most recent SEC filing.

A number of other large investors have also bought and sold shares of the business. Sit Investment Associates Inc. raised its position in Kayne Anderson MLP Investment by 6.2% in the third quarter. Sit Investment Associates Inc. now owns 954,236 shares of the financial services provider’s stock valued at $17,338,000 after purchasing an additional 55,867 shares during the period. Royal Bank of Canada raised its position in Kayne Anderson MLP Investment by 46.5% in the second quarter. Royal Bank of Canada now owns 889,691 shares of the financial services provider’s stock valued at $16,770,000 after purchasing an additional 282,235 shares during the period. Signature Estate & Investment Advisors LLC raised its position in Kayne Anderson MLP Investment by 1.8% in the second quarter. Signature Estate & Investment Advisors LLC now owns 787,406 shares of the financial services provider’s stock valued at $14,843,000 after purchasing an additional 13,804 shares during the period. ZWJ Investment Counsel Inc. raised its position in Kayne Anderson MLP Investment by 8.2% in the third quarter. ZWJ Investment Counsel Inc. now owns 738,981 shares of the financial services provider’s stock valued at $13,427,000 after purchasing an additional 56,055 shares during the period. Finally, Cedar Hill Associates LLC raised its position in Kayne Anderson MLP Investment by 14.0% in the second quarter. Cedar Hill Associates LLC now owns 720,445 shares of the financial services provider’s stock valued at $13,580,000 after purchasing an additional 88,740 shares during the period.

In other news, VP Ron M. Logan, Jr. acquired 20,000 shares of the company’s stock in a transaction dated Thursday, October 26th. The stock was acquired at an average cost of $15.75 per share, with a total value of $315,000.00. Following the completion of the purchase, the vice president now owns 30,773 shares of the company’s stock, valued at approximately $484,674.75. The acquisition was disclosed in a legal filing with the SEC, which is accessible through the SEC website.

Kayne Anderson MLP Investment Company (NYSE KYN) traded up $0.14 during trading hours on Friday, reaching $14.88. The company’s stock had a trading volume of 652,647 shares, compared to its average volume of 425,869. Kayne Anderson MLP Investment Company has a 12 month low of $14.50 and a 12 month high of $22.15.

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About Kayne Anderson MLP Investment

Kayne Anderson MLP Investment Company is a non-diversified, closed-end management investment company. The Company’s investment objective is to obtain a high after-tax total return by investing at least 85% of its total assets in energy-related master limited partnerships and their affiliates (MLPs) and in other companies that operate assets used in the gathering, transporting, processing, storing, refining, distributing, mining or marketing of natural gas, natural gas liquids, crude oil, refined petroleum products or coal.

Institutional Ownership by Quarter for Kayne Anderson MLP Investment (NYSE:KYN)

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