46,593 Shares in Kayne Anderson Energy Infrastructure Fund, Inc. $KYN Purchased by Waverly Advisors LLC

Waverly Advisors LLC acquired a new position in shares of Kayne Anderson Energy Infrastructure Fund, Inc. (NYSE:KYN) during the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund acquired 46,593 shares of the financial services provider’s stock, valued at approximately $665,000.

A number of other hedge funds also recently bought and sold shares of the company. Bridgewater Advisors Inc. boosted its holdings in shares of Kayne Anderson Energy Infrastructure Fund by 0.6% in the first quarter. Bridgewater Advisors Inc. now owns 190,006 shares of the financial services provider’s stock worth $2,683,000 after buying an additional 1,073 shares during the period. Aristides Capital LLC increased its position in shares of Kayne Anderson Energy Infrastructure Fund by 24.7% in the first quarter. Aristides Capital LLC now owns 78,004 shares of the financial services provider’s stock worth $1,114,000 after acquiring an additional 15,430 shares in the last quarter. First Trust Advisors LP raised its holdings in shares of Kayne Anderson Energy Infrastructure Fund by 8.4% during the first quarter. First Trust Advisors LP now owns 139,105 shares of the financial services provider’s stock valued at $1,986,000 after acquiring an additional 10,824 shares during the period. Fortis Capital Management LLC raised its holdings in shares of Kayne Anderson Energy Infrastructure Fund by 14.0% during the first quarter. Fortis Capital Management LLC now owns 11,427 shares of the financial services provider’s stock valued at $163,000 after acquiring an additional 1,400 shares during the period. Finally, Quantedge Capital Pte Ltd lifted its position in shares of Kayne Anderson Energy Infrastructure Fund by 10.9% in the 1st quarter. Quantedge Capital Pte Ltd now owns 144,094 shares of the financial services provider’s stock valued at $2,058,000 after acquiring an additional 14,200 shares in the last quarter.

Insider Transactions at Kayne Anderson Energy Infrastructure Fund

In other Kayne Anderson Energy Infrastructure Fund news, CFO Austin Colby Parker bought 2,500 shares of the firm’s stock in a transaction dated Wednesday, May 13th. The stock was acquired at an average price of $13.99 per share, with a total value of $34,975.00. Following the completion of the transaction, the chief financial officer directly owned 14,623 shares in the company, valued at approximately $204,575.77. This represents a 20.62% increase in their position. The purchase was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Holli C. Ladhani purchased 3,621 shares of the stock in a transaction dated Tuesday, June 2nd. The shares were acquired at an average price of $13.81 per share, for a total transaction of $50,006.01. Following the acquisition, the director directly owned 7,221 shares of the company’s stock, valued at $99,722.01. This represents a 100.58% increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. Insiders acquired a total of 26,121 shares of company stock valued at $356,531 over the last quarter.

Kayne Anderson Energy Infrastructure Fund Stock Up 0.9%

Kayne Anderson Energy Infrastructure Fund stock opened at $14.62 on Friday. Kayne Anderson Energy Infrastructure Fund, Inc. has a 52 week low of $11.31 and a 52 week high of $15.17. The company has a 50 day moving average price of $14.07 and a 200 day moving average price of $13.81.

Kayne Anderson Energy Infrastructure Fund Increases Dividend

The firm also recently announced a monthly dividend, which was paid on Friday, July 31st. Stockholders of record on Wednesday, July 15th were issued a $0.09 dividend. The ex-dividend date was Wednesday, July 15th. This is an increase from Kayne Anderson Energy Infrastructure Fund’s previous monthly dividend of $0.09. This represents a c) dividend on an annualized basis and a dividend yield of 7.4%.

Kayne Anderson Energy Infrastructure Fund Profile

The Kayne Anderson Energy Infrastructure Fund, Inc (NYSE: KYN) is a closed-end management investment company that focuses on energy infrastructure assets. The fund’s portfolio is primarily composed of equity securities of publicly traded partnerships—including master limited partnerships (MLPs)—and other energy-related companies. Key sectors in its midstream-oriented strategy include the transportation, storage, processing and distribution of natural gas, crude oil and refined products.

Since commencing operations in 2014, Kayne Anderson Energy Infrastructure Fund has pursued a dual objective of current income generation and long-term capital appreciation.