Insider Buying: Kayne Anderson Energy Infrastructure Fund (NYSE:KYN) CFO Buys $34,975.00 in Stock

Kayne Anderson Energy Infrastructure Fund, Inc. (NYSE:KYN) CFO Austin Colby Parker purchased 2,500 shares of the company’s stock in a transaction that occurred on Wednesday, May 13th. The stock was acquired at an average price of $13.99 per share, for a total transaction of $34,975.00. Following the purchase, the chief financial officer owned 14,623 shares in the company, valued at $204,575.77. This trade represents a 20.62% increase in their position. The acquisition was disclosed in a document filed with the SEC, which is accessible through the SEC website.

Austin Colby Parker also recently made the following trade(s):

• On Wednesday, March 25th, Austin Colby Parker purchased 2,500 shares of Kayne Anderson Energy Infrastructure Fund stock. The stock was acquired at an average price of $14.32 per share, for a total transaction of $35,800.00.

Kayne Anderson Energy Infrastructure Fund Trading Down 0.3%

KYN stock opened at $14.39 on Friday. The business’s fifty day moving average price is $13.91 and its two-hundred day moving average price is $12.99. Kayne Anderson Energy Infrastructure Fund, Inc. has a fifty-two week low of $11.31 and a fifty-two week high of $14.69.

Kayne Anderson Energy Infrastructure Fund Dividend Announcement

The company also recently disclosed a monthly dividend, which will be paid on Friday, May 29th. Shareholders of record on Friday, May 15th will be given a dividend of $0.085 per share. The ex-dividend date is Friday, May 15th. This represents a c) annualized dividend and a yield of 7.1%.

Institutional Inflows and Outflows

Several large investors have recently added to or reduced their stakes in KYN. Bessemer Group Inc. bought a new position in Kayne Anderson Energy Infrastructure Fund during the 3rd quarter worth $31,000. Allworth Financial LP increased its position in Kayne Anderson Energy Infrastructure Fund by 5,166.7% during the 4th quarter. Allworth Financial LP now owns 3,160 shares of the financial services provider’s stock worth $39,000 after buying an additional 3,100 shares during the period. International Assets Investment Management LLC bought a new position in Kayne Anderson Energy Infrastructure Fund during the 4th quarter worth $61,000. JPMorgan Chase & Co. increased its position in Kayne Anderson Energy Infrastructure Fund by 114,616.7% during the 2nd quarter. JPMorgan Chase & Co. now owns 6,883 shares of the financial services provider’s stock worth $88,000 after buying an additional 6,877 shares during the period. Finally, Brown Advisory Inc. bought a new position in Kayne Anderson Energy Infrastructure Fund during the 2nd quarter worth $105,000.

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.