Cary Street Partners Financial LLC Acquires Shares of 15,725 Kayne Anderson Energy Infrastructure Fund, Inc. (NYSE:KYN)

Cary Street Partners Financial LLC bought a new position in shares of Kayne Anderson Energy Infrastructure Fund, Inc. (NYSE:KYN) in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor bought 15,725 shares of the financial services provider’s stock, valued at approximately $200,000.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in KYN. Choreo LLC lifted its position in Kayne Anderson Energy Infrastructure Fund by 2.8% during the 4th quarter. Choreo LLC now owns 32,266 shares of the financial services provider’s stock worth $409,000 after acquiring an additional 874 shares during the period. Truist Financial Corp raised its stake in shares of Kayne Anderson Energy Infrastructure Fund by 4.6% during the fourth quarter. Truist Financial Corp now owns 57,207 shares of the financial services provider’s stock worth $727,000 after purchasing an additional 2,533 shares during the last quarter. First Trust Advisors LP lifted its holdings in shares of Kayne Anderson Energy Infrastructure Fund by 49.3% during the fourth quarter. First Trust Advisors LP now owns 46,838 shares of the financial services provider’s stock worth $595,000 after purchasing an additional 15,464 shares during the period. HighTower Advisors LLC grew its position in Kayne Anderson Energy Infrastructure Fund by 2.3% in the 4th quarter. HighTower Advisors LLC now owns 444,114 shares of the financial services provider’s stock valued at $5,645,000 after buying an additional 10,085 shares during the last quarter. Finally, LPL Financial LLC increased its stake in Kayne Anderson Energy Infrastructure Fund by 6.2% in the 4th quarter. LPL Financial LLC now owns 300,789 shares of the financial services provider’s stock valued at $3,823,000 after buying an additional 17,569 shares during the period.

Kayne Anderson Energy Infrastructure Fund Stock Performance

Shares of Kayne Anderson Energy Infrastructure Fund stock opened at $12.14 on Monday. Kayne Anderson Energy Infrastructure Fund, Inc. has a one year low of $9.58 and a one year high of $13.69. The firm has a fifty day moving average of $12.01 and a two-hundred day moving average of $12.54.

Kayne Anderson Energy Infrastructure Fund Dividend Announcement

The company also recently disclosed a monthly dividend, which will be paid on Friday, May 30th. Investors of record on Thursday, May 15th will be given a $0.08 dividend. The ex-dividend date of this dividend is Thursday, May 15th. This represents a $0.96 dividend on an annualized basis and a yield of 7.91%.

Insider Buying and Selling at Kayne Anderson Energy Infrastructure Fund

In other Kayne Anderson Energy Infrastructure Fund news, President James C. Baker purchased 20,000 shares of Kayne Anderson Energy Infrastructure Fund stock in a transaction dated Wednesday, March 12th. The stock was acquired at an average cost of $12.27 per share, with a total value of $245,400.00. Following the acquisition, the president now directly owns 720,939 shares of the company’s stock, valued at $8,845,921.53. This represents a 2.85% increase in their ownership of the stock. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. In the last 90 days, insiders have acquired 94,350 shares of company stock valued at $1,115,047.

About Kayne Anderson Energy Infrastructure Fund

Kayne Anderson MLP Investment Company is a closed ended equity mutual fund launched and managed by KA Fund Advisors, LLC. It is co-managed by Kayne Anderson Capital Advisors, L.P. The fund invests in the public equity markets of the United States. It invests in stocks of companies operating in the energy sector.