250,916 Shares in Kayne Anderson Energy Infrastructure Fund, Inc. $KYN Bought by Closed End Fund Advisors Inc.

Closed End Fund Advisors Inc. acquired a new position in shares of Kayne Anderson Energy Infrastructure Fund, Inc. (NYSE:KYN) in the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor acquired 250,916 shares of the financial services provider’s stock, valued at approximately $3,106,000. Kayne Anderson Energy Infrastructure Fund comprises 1.8% of Closed End Fund Advisors Inc.’s holdings, making the stock its 15th biggest position.

A number of other institutional investors have also recently added to or reduced their stakes in the stock. Secure Asset Management LLC grew its stake in Kayne Anderson Energy Infrastructure Fund by 0.9% during the 4th quarter. Secure Asset Management LLC now owns 90,275 shares of the financial services provider’s stock worth $1,118,000 after buying an additional 827 shares during the last quarter. NewEdge Wealth LLC grew its stake in Kayne Anderson Energy Infrastructure Fund by 4.0% during the 3rd quarter. NewEdge Wealth LLC now owns 26,100 shares of the financial services provider’s stock worth $300,000 after buying an additional 1,000 shares during the last quarter. Mutual Advisors LLC grew its stake in Kayne Anderson Energy Infrastructure Fund by 2.1% during the 4th quarter. Mutual Advisors LLC now owns 48,516 shares of the financial services provider’s stock worth $601,000 after buying an additional 1,011 shares during the last quarter. Prospera Financial Services Inc grew its stake in Kayne Anderson Energy Infrastructure Fund by 0.6% during the 3rd quarter. Prospera Financial Services Inc now owns 176,384 shares of the financial services provider’s stock worth $2,182,000 after buying an additional 1,109 shares during the last quarter. Finally, BI Asset Management Fondsmaeglerselskab A S grew its stake in Kayne Anderson Energy Infrastructure Fund by 1.3% during the 3rd quarter. BI Asset Management Fondsmaeglerselskab A S now owns 94,200 shares of the financial services provider’s stock worth $1,165,000 after buying an additional 1,192 shares during the last quarter.

Kayne Anderson Energy Infrastructure Fund Trading Down 0.4%

Shares of KYN stock opened at $14.08 on Friday. Kayne Anderson Energy Infrastructure Fund, Inc. has a 1 year low of $11.31 and a 1 year high of $14.69. The stock has a fifty day moving average of $13.91 and a two-hundred day moving average of $13.25.

Kayne Anderson Energy Infrastructure Fund Announces Dividend

The firm also recently declared a monthly dividend, which will be paid on Tuesday, June 30th. Shareholders of record on Monday, June 15th will be given a dividend of $0.085 per share. This represents a c) dividend on an annualized basis and a yield of 7.2%. The ex-dividend date is Monday, June 15th.

Insiders Place Their Bets

In other Kayne Anderson Energy Infrastructure Fund news, President James C. Baker purchased 25,000 shares of Kayne Anderson Energy Infrastructure Fund stock in a transaction on Monday, April 27th. The stock was bought at an average price of $13.57 per share, for a total transaction of $339,250.00. Following the transaction, the president owned 1,003,019 shares of the company’s stock, valued at $13,610,967.83. The trade was a 2.56% increase in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Also, EVP Harrison James Little purchased 5,000 shares of Kayne Anderson Energy Infrastructure Fund stock in a transaction on Thursday, March 19th. The shares were acquired at an average price of $14.12 per share, with a total value of $70,600.00. Following the transaction, the executive vice president directly owned 15,599 shares in the company, valued at $220,257.88. This trade represents a 47.17% increase in their position. The disclosure for this purchase is available in the SEC filing. Over the last quarter, insiders have purchased 93,621 shares of company stock worth $1,288,081.

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.