Mission Wealth Management LP Buys 8,083 Shares of Kayne Anderson Energy Infrastructure Fund, Inc. (NYSE:KYN)

Mission Wealth Management LP raised its stake in Kayne Anderson Energy Infrastructure Fund, Inc. (NYSE:KYN) by 29.3% in the fourth quarter, Holdings Channel.com reports. The firm owned 35,683 shares of the financial services provider’s stock after acquiring an additional 8,083 shares during the period. Mission Wealth Management LP’s holdings in Kayne Anderson Energy Infrastructure Fund were worth $454,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Choreo LLC lifted its holdings in shares of 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. US Bancorp DE increased its position in Kayne Anderson Energy Infrastructure Fund by 4.3% in the 3rd quarter. US Bancorp DE now owns 51,732 shares of the financial services provider’s stock valued at $569,000 after acquiring an additional 2,149 shares in the last quarter. Truist Financial Corp grew its position in shares of Kayne Anderson Energy Infrastructure Fund by 4.6% during the 4th quarter. Truist Financial Corp now owns 57,207 shares of the financial services provider’s stock worth $727,000 after buying an additional 2,533 shares during the period. International Assets Investment Management LLC grew its position in shares of Kayne Anderson Energy Infrastructure Fund by 1,017.7% during the 3rd quarter. International Assets Investment Management LLC now owns 50,094 shares of the financial services provider’s stock worth $551,000 after buying an additional 45,612 shares during the period. Finally, Walleye Capital LLC grew its position in shares of Kayne Anderson Energy Infrastructure Fund by 24.4% during the 3rd quarter. Walleye Capital LLC now owns 46,134 shares of the financial services provider’s stock worth $507,000 after buying an additional 9,061 shares during the period.

Insider Buying and Selling

In related news, President James C. Baker purchased 20,000 shares of the business’s stock in a transaction on Friday, February 28th. The shares were purchased at an average price of $12.60 per share, with a total value of $252,000.00. Following the completion of the purchase, the president now owns 700,939 shares in the company, valued at $8,831,831.40. This represents a 2.94 % increase in their position. The acquisition was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, EVP Harrison James Little acquired 5,000 shares of the business’s stock in a transaction dated Friday, January 17th. The stock was acquired at an average cost of $13.04 per share, for a total transaction of $65,200.00. Following the transaction, the executive vice president now owns 5,000 shares of the company’s stock, valued at $65,200. This represents a ? increase in their ownership of the stock. The disclosure for this purchase can be found here.

Kayne Anderson Energy Infrastructure Fund Trading Down 0.5 %

Shares of NYSE:KYN opened at $12.39 on Thursday. The company has a 50 day moving average of $12.99 and a 200-day moving average of $12.25. Kayne Anderson Energy Infrastructure Fund, Inc. has a one year low of $9.24 and a one year high of $13.69.

Kayne Anderson Energy Infrastructure Fund Dividend Announcement

The company also recently disclosed a monthly dividend, which will be paid on Monday, March 31st. Investors of record on Friday, March 14th will be paid a dividend of $0.08 per share. This represents a $0.96 annualized dividend and a yield of 7.75%. The ex-dividend date is Friday, March 14th.

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.