ORG Wealth Partners LLC Purchases 27,066 Shares of Kayne Anderson Energy Infrastructure Fund, Inc. (NYSE:KYN)

ORG Wealth Partners LLC lifted its position in shares of Kayne Anderson Energy Infrastructure Fund, Inc. (NYSE:KYN) by 37.4% during the first quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 99,426 shares of the financial services provider’s stock after buying an additional 27,066 shares during the quarter. ORG Wealth Partners LLC’s holdings in Kayne Anderson Energy Infrastructure Fund were worth $1,290,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also made changes to their positions in the company. NBC Securities Inc. grew its position in shares of Kayne Anderson Energy Infrastructure Fund by 72,500.0% during the 1st quarter. NBC Securities Inc. now owns 2,178 shares of the financial services provider’s stock worth $27,000 after buying an additional 2,175 shares in the last quarter. Farther Finance Advisors LLC boosted its position in Kayne Anderson Energy Infrastructure Fund by 452,400.0% during the first quarter. Farther Finance Advisors LLC now owns 4,525 shares of the financial services provider’s stock valued at $59,000 after purchasing an additional 4,524 shares in the last quarter. Mengis Capital Management Inc. bought a new stake in Kayne Anderson Energy Infrastructure Fund during the fourth quarter valued at about $128,000. Intellectus Partners LLC boosted its position in Kayne Anderson Energy Infrastructure Fund by 12.8% during the fourth quarter. Intellectus Partners LLC now owns 13,250 shares of the financial services provider’s stock valued at $168,000 after purchasing an additional 1,500 shares in the last quarter. Finally, Fidelis Capital Partners LLC bought a new stake in Kayne Anderson Energy Infrastructure Fund during the fourth quarter valued at about $178,000.

Kayne Anderson Energy Infrastructure Fund Price Performance

Shares of KYN stock opened at $12.30 on Thursday. Kayne Anderson Energy Infrastructure Fund, Inc. has a 1-year low of $9.72 and a 1-year high of $13.69. The stock’s 50-day moving average is $12.03 and its 200 day moving average is $12.48.

Kayne Anderson Energy Infrastructure Fund Announces Dividend

The business also recently disclosed a monthly dividend, which will be paid on Monday, June 30th. Investors of record on Friday, June 13th will be given a dividend of $0.08 per share. This represents a $0.96 dividend on an annualized basis and a yield of 7.80%. The ex-dividend date of this dividend is Friday, June 13th.

Insider Activity at Kayne Anderson Energy Infrastructure Fund

In related news, President James C. Baker acquired 25,000 shares of the company’s stock in a transaction that occurred on Friday, April 4th. The shares were bought at an average price of $11.41 per share, with a total value of $285,250.00. Following the completion of the transaction, the president now directly owns 761,040 shares in the company, valued at $8,683,466.40. This trade represents a 3.40% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Insiders have purchased a total of 54,350 shares of company stock valued at $617,647 over the last quarter.

Kayne Anderson Energy Infrastructure Fund Profile

Kayne Anderson MLP Investment Company is a closed ended equity mutual fund launched and managed by KA Fund Advisors, LLC. It is co-managed by Kayne Anderson Capital Advisors, L.P. The fund invests in the public equity markets of the United States. It invests in stocks of companies operating in the energy sector.