Insider Buying: Kayne Anderson Energy Infrastructure Fund, Inc. (NYSE:KYN) VP Acquires 2,350 Shares of Stock

Kayne Anderson Energy Infrastructure Fund, Inc. (NYSE:KYN) VP Michael J. O’neil acquired 2,350 shares of the stock in a transaction that occurred on Monday, April 7th. The stock was acquired at an average cost of $10.59 per share, with a total value of $24,886.50. Following the completion of the purchase, the vice president now owns 8,390 shares of the company’s stock, valued at $88,850.10. This trade represents a 38.91 % increase in their ownership of the stock. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link.

Kayne Anderson Energy Infrastructure Fund Trading Down 3.9 %

Shares of NYSE KYN traded down $0.45 during mid-day trading on Monday, reaching $10.87. 2,106,749 shares of the company were exchanged, compared to its average volume of 446,313. Kayne Anderson Energy Infrastructure Fund, Inc. has a 1 year low of $9.29 and a 1 year high of $13.69. The firm has a 50-day moving average of $12.79 and a 200 day moving average of $12.54.

Kayne Anderson Energy Infrastructure Fund Announces Dividend

The firm also recently disclosed a monthly dividend, which will be paid on Wednesday, April 30th. Stockholders of record on Tuesday, April 15th will be given a $0.08 dividend. The ex-dividend date of this dividend is Tuesday, April 15th. This represents a $0.96 dividend on an annualized basis and a dividend yield of 8.84%.

Institutional Investors Weigh In On Kayne Anderson Energy Infrastructure Fund

Several institutional investors have recently added to or reduced their stakes in KYN. Wealth Enhancement Advisory Services LLC raised its stake in shares of Kayne Anderson Energy Infrastructure Fund by 9.5% in the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 20,794 shares of the financial services provider’s stock worth $264,000 after purchasing an additional 1,812 shares during the last quarter. Leigh Baldwin & CO. LLC purchased a new position in Kayne Anderson Energy Infrastructure Fund during the 4th quarter worth approximately $320,000. Griffith & Werner Inc. purchased a new position in Kayne Anderson Energy Infrastructure Fund during the 4th quarter worth approximately $206,000. Focus Partners Advisor Solutions LLC acquired a new stake in Kayne Anderson Energy Infrastructure Fund during the 4th quarter valued at approximately $1,441,000. Finally, Visionary Wealth Advisors boosted its holdings in shares of Kayne Anderson Energy Infrastructure Fund by 19.4% in the 4th quarter. Visionary Wealth Advisors now owns 261,354 shares of the financial services provider’s stock valued at $3,322,000 after acquiring an additional 42,534 shares during the last quarter.

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.