Carita Walker Purchases 3,400 Shares of Kayne Anderson Energy Infrastructure Fund (NYSE:KYN) Stock

Kayne Anderson Energy Infrastructure Fund, Inc. (NYSE:KYN) Director Carita Walker acquired 3,400 shares of the stock in a transaction dated Thursday, August 20th. The shares were bought at an average cost of $14.70 per share, for a total transaction of $49,980.00. Following the completion of the transaction, the director owned 3,400 shares in the company, valued at approximately $49,980. This represents a ∞ increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the SEC, which is available through the SEC website.

Kayne Anderson Energy Infrastructure Fund Stock Down 0.5%

Shares of KYN stock traded down $0.08 on Friday, hitting $14.55. 89,555 shares of the stock traded hands, compared to its average volume of 417,663. The firm has a 50 day simple moving average of $14.24 and a two-hundred day simple moving average of $14.01. Kayne Anderson Energy Infrastructure Fund, Inc. has a 52 week low of $11.31 and a 52 week high of $15.17.

Kayne Anderson Energy Infrastructure Fund Announces Dividend

The firm also recently disclosed a monthly dividend, which will be paid on Monday, August 31st. Stockholders of record on Friday, August 14th will be given a $0.09 dividend. This represents a c) annualized dividend and a dividend yield of 7.4%. The ex-dividend date is Friday, August 14th.

Institutional Trading of Kayne Anderson Energy Infrastructure Fund

Several institutional investors and hedge funds have recently added to or reduced their stakes in the business. Johnson Investment Counsel Inc. raised its position in Kayne Anderson Energy Infrastructure Fund by 2.0% during the 4th quarter. Johnson Investment Counsel Inc. now owns 42,491 shares of the financial services provider’s stock valued at $526,000 after purchasing an additional 821 shares in the last quarter. Secure Asset Management LLC grew its position in shares of Kayne Anderson Energy Infrastructure Fund by 1.0% during the 2nd quarter. Secure Asset Management LLC now owns 79,697 shares of the financial services provider’s stock worth $1,102,000 after buying an additional 827 shares in the last quarter. Chicago Partners Investment Group LLC increased its stake in shares of Kayne Anderson Energy Infrastructure Fund by 3.4% during the first quarter. Chicago Partners Investment Group LLC now owns 28,888 shares of the financial services provider’s stock valued at $389,000 after buying an additional 947 shares during the period. Mutual Advisors LLC increased its stake in shares of Kayne Anderson Energy Infrastructure Fund by 2.1% during the fourth quarter. Mutual Advisors LLC now owns 48,516 shares of the financial services provider’s stock valued at $601,000 after buying an additional 1,011 shares during the period. Finally, Bridgewater Advisors Inc. raised 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 valued at $2,683,000 after acquiring an additional 1,073 shares in the last quarter.

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.