Signature Financial Management Inc. raised its stake in shares of Kayne Anderson MLP Investment Co. (NYSE:KYN) by 6.0% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 147,642 shares of the financial services provider’s stock after buying an additional 8,384 shares during the period. Kayne Anderson MLP Investment accounts for about 0.9% of Signature Financial Management Inc.’s holdings, making the stock its 22nd largest position. Signature Financial Management Inc.’s holdings in Kayne Anderson MLP Investment were worth $2,782,000 at the end of the most recent quarter.

Several other institutional investors have also modified their holdings of KYN. Nwam LLC raised its position in shares of Kayne Anderson MLP Investment by 6.1% in the second quarter. Nwam LLC now owns 21,790 shares of the financial services provider’s stock valued at $411,000 after buying an additional 1,245 shares during the last quarter. Lakeview Capital Partners LLC raised its position in shares of Kayne Anderson MLP Investment by 2.6% in the second quarter. Lakeview Capital Partners LLC now owns 27,072 shares of the financial services provider’s stock valued at $510,000 after buying an additional 683 shares during the last quarter. Cornerstone Advisors Inc. raised its position in shares of Kayne Anderson MLP Investment by 103.6% in the second quarter. Cornerstone Advisors Inc. now owns 40,412 shares of the financial services provider’s stock valued at $762,000 after buying an additional 20,564 shares during the last quarter. Edge Wealth Management LLC raised its position in shares of Kayne Anderson MLP Investment by 23.2% in the second quarter. Edge Wealth Management LLC now owns 58,885 shares of the financial services provider’s stock valued at $1,114,000 after buying an additional 11,075 shares during the last quarter. Finally, Schnieders Capital Management LLC raised its position in shares of Kayne Anderson MLP Investment by 2.0% in the second quarter. Schnieders Capital Management LLC now owns 144,493 shares of the financial services provider’s stock valued at $2,724,000 after buying an additional 2,831 shares during the last quarter.

Kayne Anderson MLP Investment Co. (NYSE:KYN) opened at 17.22 on Friday. Kayne Anderson MLP Investment Co. has a 52 week low of $17.10 and a 52 week high of $22.15. The stock has a 50 day moving average price of $18.40 and a 200 day moving average price of $19.66.

The firm also recently disclosed a quarterly dividend, which was paid on Friday, July 14th. Investors of record on Monday, July 10th were given a $0.45 dividend. The ex-dividend date was Thursday, July 6th. This represents a $1.80 dividend on an annualized basis and a dividend yield of 10.45%.

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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.

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

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