Visionary Wealth Advisors bought a new stake in shares of Kinder Morgan Canada Limited (OTCMKTS:KMLGF – Free Report) in the 2nd quarter, according to the company in its most recent filing with the SEC. The fund bought 436,280 shares of the company’s stock, valued at approximately $13,948,000.
Several other institutional investors and hedge funds also recently made changes to their positions in the business. Addison Advisors LLC acquired a new position in shares of Kinder Morgan Canada in the 2nd quarter valued at $37,000. Rakuten Securities Inc. acquired a new stake in shares of Kinder Morgan Canada during the second quarter worth $38,000. BOK Financial Private Wealth Inc. bought a new stake in Kinder Morgan Canada in the second quarter valued at about $49,000. Keating Financial Advisory Services Inc. bought a new stake in Kinder Morgan Canada in the second quarter valued at about $58,000. Finally, Hara Capital LLC acquired a new position in Kinder Morgan Canada in the second quarter valued at about $201,000.
Kinder Morgan Canada Stock Performance
Shares of KMLGF opened at $10.88 on Tuesday. Kinder Morgan Canada Limited has a 1 year low of $8.05 and a 1 year high of $35.53. 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 Profile
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.
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