72,072 Shares in Kayne Anderson Energy Infrastructure Fund, Inc. $KYN Bought by OneDigital Investment Advisors LLC

OneDigital Investment Advisors LLC purchased a new stake in shares of Kayne Anderson Energy Infrastructure Fund, Inc. (NYSE:KYN) during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm purchased 72,072 shares of the financial services provider’s stock, valued at approximately $997,000.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Cura Wealth Advisors LLC purchased a new stake in shares of Kayne Anderson Energy Infrastructure Fund during the 2nd quarter worth about $1,093,000. Bridgewater Advisors Inc. purchased a new position in shares of Kayne Anderson Energy Infrastructure Fund in the 2nd quarter valued at about $2,555,000. Post Resch Tallon Group Inc. increased its stake in shares of Kayne Anderson Energy Infrastructure Fund by 5.6% in the 2nd quarter. Post Resch Tallon Group Inc. now owns 78,545 shares of the financial services provider’s stock valued at $1,086,000 after purchasing an additional 4,151 shares in the last quarter. Leigh Baldwin & CO. LLC raised its holdings in Kayne Anderson Energy Infrastructure Fund by 9.4% in the 1st quarter. Leigh Baldwin & CO. LLC now owns 29,481 shares of the financial services provider’s stock worth $421,000 after purchasing an additional 2,531 shares during the period. Finally, Rivernorth Capital Management LLC raised its holdings in Kayne Anderson Energy Infrastructure Fund by 0.4% in the 1st quarter. Rivernorth Capital Management LLC now owns 692,896 shares of the financial services provider’s stock worth $9,895,000 after purchasing an additional 3,096 shares during the period.

Insider Buying and Selling

In related news, Director Holli C. Ladhani purchased 3,621 shares of the business’s stock in a transaction that occurred on Tuesday, June 2nd. The stock was bought at an average price of $13.81 per share, with a total value of $50,006.01. Following the acquisition, the director owned 7,221 shares in the company, valued at $99,722.01. The trade was a 100.58% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Michael J. Hennigan purchased 15,000 shares of the business’s stock in a transaction that occurred on Wednesday, June 24th. The stock was bought at an average cost of $13.57 per share, with a total value of $203,550.00. Following the acquisition, the director owned 20,000 shares in the company, valued at $271,400. This represents a 300.00% increase in their position. The SEC filing for this purchase provides additional information. Insiders have bought a total of 23,621 shares of company stock worth $321,556 in the last quarter.

Kayne Anderson Energy Infrastructure Fund Trading Down 0.5%

Shares of KYN stock opened at $14.75 on Tuesday. Kayne Anderson Energy Infrastructure Fund, Inc. has a 12-month low of $11.31 and a 12-month high of $15.17. The business’s 50 day moving average is $14.19 and its two-hundred day moving average is $13.98.

Kayne Anderson Energy Infrastructure Fund Dividend Announcement

The firm also recently announced a monthly dividend, which will be paid on Monday, August 31st. Stockholders of record on Friday, August 14th will be given a dividend of $0.09 per share. The ex-dividend date is Friday, August 14th. This represents a c) dividend on an annualized basis and a dividend yield of 7.3%.

About Kayne Anderson Energy Infrastructure Fund

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.