Northwestern Mutual Wealth Management Co. Buys New Position in Kinder Morgan Canada Limited $KMLGF

Northwestern Mutual Wealth Management Co. bought a new stake in Kinder Morgan Canada Limited (OTCMKTS:KMLGF) during the second quarter, according to its most recent 13F filing with the SEC. The institutional investor bought 384,087 shares of the company’s stock, valued at approximately $12,279,000.

Several other hedge funds also recently modified their holdings of KMLGF. Addison Advisors LLC purchased a new stake in shares of Kinder Morgan Canada during the second quarter worth about $37,000. Rakuten Securities Inc. purchased a new position in shares of Kinder Morgan Canada during the second quarter valued at approximately $38,000. BOK Financial Private Wealth Inc. purchased a new position in shares of Kinder Morgan Canada during the second quarter valued at approximately $49,000. Keating Financial Advisory Services Inc. acquired a new stake in Kinder Morgan Canada during the second quarter worth approximately $58,000. Finally, Hara Capital LLC acquired a new stake in Kinder Morgan Canada during the second quarter worth approximately $201,000.

Kinder Morgan Canada Price Performance

KMLGF stock opened at $10.88 on Friday. Kinder Morgan Canada Limited has a one year low of $8.05 and a one year high of $35.53. The company has a 50 day moving average price of $10.88 and a two-hundred day moving average price of $10.88.

Kinder Morgan Canada Company 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.