701,001 Shares in Kinder Morgan Canada Limited $KMLGF Acquired by Canada Pension Plan Investment Board

Canada Pension Plan Investment Board purchased a new position in shares of Kinder Morgan Canada Limited (OTCMKTS:KMLGF) in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm purchased 701,001 shares of the company’s stock, valued at approximately $22,411,000.

Several other institutional investors and hedge funds have also bought and sold shares of KMLGF. Legal & General Group Plc purchased a new stake in shares of Kinder Morgan Canada in the 2nd quarter valued at $412,246,000. Kayne Anderson Capital Advisors LP purchased a new position in shares of Kinder Morgan Canada during the second quarter worth $297,670,000. Connor Clark & Lunn Investment Management Ltd. purchased a new position in shares of Kinder Morgan Canada during the second quarter worth $176,257,000. Advisors Capital Management LLC acquired a new position in Kinder Morgan Canada during the second quarter valued at $97,668,000. Finally, The Manufacturers Life Insurance Company acquired a new position in Kinder Morgan Canada during the second quarter valued at $96,612,000.

Kinder Morgan Canada Price Performance

OTCMKTS:KMLGF opened at $10.88 on Friday. The firm’s fifty day moving average is $10.88 and its two-hundred day moving average is $10.88. Kinder Morgan Canada Limited has a one year low of $8.05 and a one year high of $35.53.

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.