PFG Investments LLC Decreases Holdings in Kayne Anderson Energy Infrastructure Fund, Inc. $KYN

PFG Investments LLC trimmed its holdings in Kayne Anderson Energy Infrastructure Fund, Inc. (NYSE:KYN) by 31.7% in the second quarter, HoldingsChannel reports. The fund owned 102,205 shares of the financial services provider’s stock after selling 47,387 shares during the period. PFG Investments LLC’s holdings in Kayne Anderson Energy Infrastructure Fund were worth $1,300,000 at the end of the most recent quarter.

A number of other institutional investors also recently made changes to their positions in the business. NBC Securities Inc. raised its position in Kayne Anderson Energy Infrastructure Fund by 72,500.0% in the 1st quarter. NBC Securities Inc. now owns 2,178 shares of the financial services provider’s stock worth $27,000 after purchasing an additional 2,175 shares during the period. Northwest Capital Management Inc purchased a new stake in Kayne Anderson Energy Infrastructure Fund during the first quarter valued at about $28,000. CWM LLC increased its holdings in shares of 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 buying an additional 933 shares during the period. Farther Finance Advisors LLC increased its holdings in shares of Kayne Anderson Energy Infrastructure Fund by 452,400.0% in the first quarter. Farther Finance Advisors LLC now owns 4,525 shares of the financial services provider’s stock worth $59,000 after buying an additional 4,524 shares during the period. Finally, Schnieders Capital Management LLC purchased a new position in shares of Kayne Anderson Energy Infrastructure Fund in the first quarter worth about $128,000.

Kayne Anderson Energy Infrastructure Fund Price Performance

NYSE KYN opened at $12.37 on Thursday. Kayne Anderson Energy Infrastructure Fund, Inc. has a 1-year low of $9.82 and a 1-year high of $13.69. The stock has a 50-day moving average of $12.31 and a 200-day moving average of $12.23.

Kayne Anderson Energy Infrastructure Fund Announces Dividend

The company also recently announced a monthly dividend, which will be paid on Friday, October 31st. Stockholders of record on Wednesday, October 15th will be issued a $0.08 dividend. The ex-dividend date is Wednesday, October 15th. This represents a c) annualized dividend and a dividend yield of 7.8%.

Insider Buying and Selling at Kayne Anderson Energy Infrastructure Fund

In other news, CFO Austin Colby Parker purchased 2,500 shares of the stock in a transaction that occurred on Monday, September 22nd. The stock was bought at an average cost of $12.18 per share, for a total transaction of $30,450.00. Following the acquisition, the chief financial officer directly owned 9,167 shares of the company’s stock, valued at $111,654.06. This represents a 37.50% increase in their position. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. Also, President James C. Baker purchased 25,000 shares of the company’s stock in a transaction on Wednesday, August 20th. The shares were purchased at an average cost of $12.20 per share, with a total value of $305,000.00. Following the transaction, the president directly owned 836,040 shares in the company, valued at $10,199,688. This trade represents a 3.08% increase in their ownership of the stock. The disclosure for this purchase can be found here. Over the last ninety days, insiders purchased 54,550 shares of company stock worth $668,440.

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.