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

Kayne Anderson Energy Infrastructure Fund, Inc. (NYSE:KYN) Director Carita Walker purchased 3,400 shares of the stock in a transaction dated Thursday, August 20th. The stock was acquired at an average cost of $14.70 per share, with a total value of $49,980.00. Following the transaction, the director directly owned 3,400 shares in the company, valued at approximately $49,980. This trade represents a ? increase in their position. The acquisition was disclosed in a filing with the SEC, which is available at this hyperlink.

Kayne Anderson Energy Infrastructure Fund Price Performance

Shares of NYSE KYN traded down $0.08 during midday trading on Friday, reaching $14.55. 89,555 shares of the company’s stock traded hands, compared to its average volume of 417,663. The stock’s 50 day simple moving average is $14.24 and its 200-day simple moving average is $14.01. Kayne Anderson Energy Infrastructure Fund, Inc. has a one year low of $11.31 and a one year high of $15.17.

Kayne Anderson Energy Infrastructure Fund Announces Dividend

The company also recently declared a monthly dividend, which will be paid on Monday, August 31st. Shareholders of record on Friday, August 14th will be given a dividend of $0.09 per share. The ex-dividend date of this dividend is Friday, August 14th. This represents a c) dividend on an annualized basis and a yield of 7.4%.

Institutional Inflows and Outflows

Institutional investors have recently modified their holdings of the company. Allworth Financial LP increased its holdings in Kayne Anderson Energy Infrastructure Fund by 5,166.7% in 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 acquired a new stake in Kayne Anderson Energy Infrastructure Fund during the 4th quarter valued at approximately $61,000. JPMorgan Chase & Co. lifted its stake 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 valued at $88,000 after acquiring an additional 6,877 shares during the period. BlackRock Inc. purchased a new stake in shares of Kayne Anderson Energy Infrastructure Fund in the 2nd quarter valued at $98,000. Finally, Brown Advisory Inc. purchased a new stake in shares of Kayne Anderson Energy Infrastructure Fund in the 2nd quarter valued at $105,000.

Kayne Anderson Energy Infrastructure Fund Company 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.