Advisors Asset Management Inc. Has $9.88 Million Position in Kayne Anderson Midstream Energy Fd, Inc. (KMF)

Advisors Asset Management Inc. trimmed its position in Kayne Anderson Midstream Energy Fd, Inc. (NYSE:KMF) by 4.1% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 762,770 shares of the closed-end fund’s stock after selling 32,500 shares during the period. Advisors Asset Management Inc. owned approximately 3.46% of Kayne Anderson Midstream Energy Fd worth $9,878,000 at the end of the most recent quarter.

Other large investors have also recently made changes to their positions in the company. NINE MASTS CAPITAL Ltd increased its stake in Kayne Anderson Midstream Energy Fd by 268.6% during the 2nd quarter. NINE MASTS CAPITAL Ltd now owns 18,800 shares of the closed-end fund’s stock worth $243,000 after purchasing an additional 13,700 shares in the last quarter. Wolverine Asset Management LLC bought a new stake in Kayne Anderson Midstream Energy Fd during the 2nd quarter worth approximately $386,000. BB&T Securities LLC bought a new stake in Kayne Anderson Midstream Energy Fd during the 2nd quarter worth approximately $487,000. Kayne Anderson Capital Advisors LP increased its stake in Kayne Anderson Midstream Energy Fd by 6.9% during the 2nd quarter. Kayne Anderson Capital Advisors LP now owns 61,740 shares of the closed-end fund’s stock worth $799,000 after purchasing an additional 4,000 shares in the last quarter. Finally, Usca Ria LLC increased its stake in Kayne Anderson Midstream Energy Fd by 12.1% during the 2nd quarter. Usca Ria LLC now owns 70,105 shares of the closed-end fund’s stock worth $908,000 after purchasing an additional 7,575 shares in the last quarter.

In other Kayne Anderson Midstream Energy Fd news, Director William R. Cordes bought 3,900 shares of the stock in a transaction that occurred on Wednesday, July 25th. The stock was acquired at an average cost of $13.14 per share, with a total value of $51,246.00. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Also, insider James C. Baker bought 20,000 shares of the stock in a transaction that occurred on Tuesday, October 2nd. The shares were acquired at an average cost of $13.00 per share, with a total value of $260,000.00. The disclosure for this purchase can be found here.

NYSE KMF opened at $12.20 on Friday. Kayne Anderson Midstream Energy Fd, Inc. has a 52-week low of $11.36 and a 52-week high of $15.32.

The firm also recently announced a monthly dividend, which will be paid on Friday, November 30th. Investors of record on Thursday, November 15th will be paid a dividend of $0.10 per share. The ex-dividend date is Wednesday, November 14th. This represents a $1.20 dividend on an annualized basis and a yield of 9.84%.

Kayne Anderson Midstream Energy Fd Profile

Kayne Anderson Midstream/Energy Fund, Inc is a close-ended equity mutual fund launched and managed by KA Fund Advisors, LLC. It invests in public equity markets of North America. The fund primarily invests in companies in the midstream/energy sector consisting of Midstream MLPs, Midstream Companies, Other MLPs and Other Energy companies.

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Institutional Ownership by Quarter for Kayne Anderson Midstream Energy Fd (NYSE:KMF)

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