NewEdge Wealth LLC Takes Position in Kinder Morgan Canada Limited $KMLGF

NewEdge Wealth LLC bought a new position in shares of Kinder Morgan Canada Limited (OTCMKTS:KMLGF) during the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund bought 69,267 shares of the company’s stock, valued at approximately $2,214,000.

Several other hedge funds have also modified their holdings of the stock. BOK Financial Private Wealth Inc. acquired a new position in shares of Kinder Morgan Canada in the second quarter worth $49,000. Amplify Investments LLC bought a new stake in Kinder Morgan Canada in the second quarter worth approximately $512,000. Gables Capital Management Inc. acquired a new position in shares of Kinder Morgan Canada during the 2nd quarter worth $1,444,000. Diversify Advisory Services LLC acquired a new position in shares of Kinder Morgan Canada during the 2nd quarter worth $1,460,000. Finally, Compass Wealth Management LLC bought a new position in shares of Kinder Morgan Canada during the 2nd quarter valued at $3,847,000.

Kinder Morgan Canada Price Performance

KMLGF opened at $10.88 on Friday. The stock’s 50 day moving average price is $10.88 and its two-hundred 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.

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.