Kayne Anderson Energy Infrastructure Fund (NYSE:KYN) CFO Buys $35,800.00 in Stock

Kayne Anderson Energy Infrastructure Fund, Inc. (NYSE:KYN) CFO Austin Colby Parker purchased 2,500 shares of Kayne Anderson Energy Infrastructure Fund stock in a transaction dated Wednesday, March 25th. The shares were acquired at an average cost of $14.32 per share, for a total transaction of $35,800.00. Following the transaction, the chief financial officer directly owned 12,011 shares of the company’s stock, valued at approximately $171,997.52. This represents a 26.29% increase in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink.

Kayne Anderson Energy Infrastructure Fund Trading Down 0.1%

Shares of NYSE KYN traded down $0.02 during midday trading on Wednesday, hitting $14.21. The company’s stock had a trading volume of 197,548 shares, compared to its average volume of 441,857. The business’s fifty day simple moving average is $13.53 and its two-hundred day simple moving average is $12.56. Kayne Anderson Energy Infrastructure Fund, Inc. has a 1 year low of $9.82 and a 1 year high of $14.49.

Kayne Anderson Energy Infrastructure Fund Announces Dividend

The firm also recently announced a monthly dividend, which will be paid on Tuesday, March 31st. Shareholders of record on Friday, March 13th will be issued a dividend of $0.085 per share. The ex-dividend date is Friday, March 13th. This represents a c) dividend on an annualized basis and a yield of 7.2%.

Institutional Trading of Kayne Anderson Energy Infrastructure Fund

A number of large investors have recently modified their holdings of the stock. Morgan Stanley raised its stake in shares of Kayne Anderson Energy Infrastructure Fund by 1.3% in the fourth quarter. Morgan Stanley now owns 10,143,636 shares of the financial services provider’s stock valued at $125,578,000 after acquiring an additional 131,366 shares in the last quarter. Bank of America Corp DE grew its stake in Kayne Anderson Energy Infrastructure Fund by 5.8% during the 2nd quarter. Bank of America Corp DE now owns 4,667,222 shares of the financial services provider’s stock worth $59,367,000 after purchasing an additional 256,721 shares in the last quarter. Wells Fargo & Company MN increased its holdings in Kayne Anderson Energy Infrastructure Fund by 7.3% during the 4th quarter. Wells Fargo & Company MN now owns 2,985,262 shares of the financial services provider’s stock worth $36,958,000 after purchasing an additional 203,027 shares during the period. Brown Advisory Inc. purchased a new stake in Kayne Anderson Energy Infrastructure Fund during the 4th quarter worth about $33,366,000. Finally, Advisors Asset Management Inc. raised its position in Kayne Anderson Energy Infrastructure Fund by 2.3% in the 4th quarter. Advisors Asset Management Inc. now owns 1,842,657 shares of the financial services provider’s stock valued at $22,812,000 after purchasing an additional 40,966 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.