Kayne Anderson Energy Infrastructure Fund (NYSE:KYN) President Acquires $293,500.00 in Stock

Kayne Anderson Energy Infrastructure Fund, Inc. (NYSE:KYN) President James Baker acquired 25,000 shares of the stock in a transaction on Monday, November 24th. The stock was bought at an average price of $11.74 per share, with a total value of $293,500.00. Following the completion of the acquisition, the president directly owned 886,040 shares of the company’s stock, valued at $10,402,109.60. This trade represents a 2.90% increase in their ownership of the stock. The purchase was disclosed in a filing with the SEC, which is available through the SEC website.

Kayne Anderson Energy Infrastructure Fund Trading Up 0.6%

KYN stock opened at $12.07 on Thursday. Kayne Anderson Energy Infrastructure Fund, Inc. has a fifty-two week low of $9.82 and a fifty-two week high of $13.69. The business’s 50 day moving average price is $11.91 and its two-hundred day moving average price is $12.18.

Kayne Anderson Energy Infrastructure Fund Announces Dividend

The company also recently disclosed a monthly dividend, which will be paid on Friday, November 28th. Shareholders of record on Friday, November 14th will be issued a $0.08 dividend. The ex-dividend date is Friday, November 14th. This represents a c) dividend on an annualized basis and a yield of 8.0%.

Institutional Trading of Kayne Anderson Energy Infrastructure Fund

Hedge funds have recently modified their holdings of the business. Cerity Partners LLC increased its stake in shares of Kayne Anderson Energy Infrastructure Fund by 4.1% in the 1st quarter. Cerity Partners LLC now owns 22,323 shares of the financial services provider’s stock worth $286,000 after acquiring an additional 881 shares in the last quarter. CWM LLC grew its holdings in Kayne Anderson Energy Infrastructure Fund by 39.3% in the first quarter. CWM LLC now owns 3,307 shares of the financial services provider’s stock worth $42,000 after purchasing an additional 933 shares during the period. LPL Financial LLC increased its stake in shares of Kayne Anderson Energy Infrastructure Fund by 7.7% during the first quarter. LPL Financial LLC now owns 323,887 shares of the financial services provider’s stock valued at $4,155,000 after purchasing an additional 23,098 shares in the last quarter. Commerce Bank lifted its holdings in shares of Kayne Anderson Energy Infrastructure Fund by 31.9% during the first quarter. Commerce Bank now owns 60,642 shares of the financial services provider’s stock valued at $778,000 after purchasing an additional 14,680 shares during the last quarter. Finally, Schnieders Capital Management LLC bought a new stake in shares of Kayne Anderson Energy Infrastructure Fund in the 1st quarter worth approximately $128,000.

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.