Commerce Bank Makes New $6.88 Million Investment in Kinder Morgan Canada Limited $KMLGF

Commerce Bank purchased a new stake in Kinder Morgan Canada Limited (OTCMKTS:KMLGF) during the second quarter, according to the company in its most recent disclosure with the SEC. The firm purchased 215,172 shares of the company’s stock, valued at approximately $6,879,000.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Addison Advisors LLC acquired a new position in shares of Kinder Morgan Canada during the second quarter worth about $37,000. Rakuten Securities Inc. purchased a new stake in shares of Kinder Morgan Canada during the second quarter worth approximately $38,000. BOK Financial Private Wealth Inc. acquired a new stake in Kinder Morgan Canada in the second quarter valued at approximately $49,000. Keating Financial Advisory Services Inc. acquired a new stake in Kinder Morgan Canada in the second quarter valued at approximately $58,000. Finally, Hara Capital LLC purchased a new position in Kinder Morgan Canada in the second quarter worth approximately $201,000.

Kinder Morgan Canada Stock Performance

OTCMKTS KMLGF opened at $10.88 on Monday. Kinder Morgan Canada Limited has a 52 week low of $8.05 and a 52 week high of $35.53. The firm has a 50 day moving average of $10.88 and a two-hundred day moving average of $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.