Kayne Anderson Energy Infrastructure Fund (NYSE:KYN) Stock: Insider James Baker Acquires 25,000 Shares

Kayne Anderson Energy Infrastructure Fund, Inc. (NYSE:KYN) President James Baker bought 25,000 shares of the business’s stock in a transaction on Thursday, November 5th. The shares were purchased at an average cost of $13.24 per share, with a total value of $331,000.00. Following the transaction, the president owned 1,028,019 shares in the company, valued at approximately $13,610,971.56. The trade was a 2.49% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the SEC, which is available at the SEC website.

Kayne Anderson Energy Infrastructure Fund Stock Performance

KYN stock opened at $13.20 on Friday. The company has a 50-day moving average of $14.29 and a two-hundred day moving average of $14.05. Kayne Anderson Energy Infrastructure Fund, Inc. has a 52-week low of $11.44 and a 52-week high of $15.17.

Kayne Anderson Energy Infrastructure Fund Dividend Announcement

The firm also recently disclosed a monthly dividend, which will be paid on Monday, November 30th. Investors of record on Monday, November 16th will be given a dividend of $0.0950 per share. This represents a $1.14 annualized dividend and a dividend yield of 8.6%. The ex-dividend date of this dividend is Monday, November 16th.

Institutional Trading of Kayne Anderson Energy Infrastructure Fund

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Lido Advisors LLC acquired a new stake in shares of Kayne Anderson Energy Infrastructure Fund in the third quarter worth $1,486,000. Csenge Advisory Group increased its position in Kayne Anderson Energy Infrastructure Fund by 8.1% during the third quarter. Csenge Advisory Group now owns 20,850 shares of the financial services provider’s stock worth $284,000 after acquiring an additional 1,556 shares during the period. Allspring Global Investments Holdings LLC raised its stake in Kayne Anderson Energy Infrastructure Fund by 6.2% during the 3rd quarter. Allspring Global Investments Holdings LLC now owns 111,871 shares of the financial services provider’s stock valued at $1,521,000 after purchasing an additional 6,501 shares during the last quarter. Edgemoor Investment Advisors Inc. raised its stake in Kayne Anderson Energy Infrastructure Fund by 1.2% during the 3rd quarter. Edgemoor Investment Advisors Inc. now owns 188,533 shares of the financial services provider’s stock valued at $2,564,000 after purchasing an additional 2,225 shares during the last quarter. Finally, Uhlmann Price Securities LLC raised its stake in Kayne Anderson Energy Infrastructure Fund by 5.5% during the 3rd quarter. Uhlmann Price Securities LLC now owns 48,313 shares of the financial services provider’s stock valued at $657,000 after purchasing an additional 2,538 shares during the last quarter.

Kayne Anderson Energy Infrastructure Fund Company Profile

Kayne Anderson Energy Infrastructure Fund (NYSE: KYN) is a publicly traded closed-end investment company focused on the energy infrastructure sector. The fund invests primarily in companies that own or operate infrastructure used to gather, process, transport, store and distribute energy, including master limited partnerships (MLPs) and publicly traded corporations.

KYN’s portfolio may include midstream energy businesses involved in oil, natural gas and natural gas liquids, as well as companies participating in related infrastructure and energy-transition activities.