Bard Associates Inc. Grows Position in Kayne Anderson Energy Infrastructure Fund, Inc. $KYN

Bard Associates Inc. raised its holdings in Kayne Anderson Energy Infrastructure Fund, Inc. (NYSE:KYN) by 462.7% in the third quarter, according to the company in its most recent disclosure with the SEC. The firm owned 393,005 shares of the financial services provider’s stock after acquiring an additional 323,161 shares during the quarter. Kayne Anderson Energy Infrastructure Fund accounts for about 1.3% of Bard Associates Inc.’s holdings, making the stock its 27th biggest position. Bard Associates Inc.’s holdings in Kayne Anderson Energy Infrastructure Fund were worth $4,861,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also made changes to their positions in KYN. Bessemer Group Inc. purchased a new position in shares of Kayne Anderson Energy Infrastructure Fund in the 3rd quarter valued at about $31,000. JPMorgan Chase & Co. boosted its holdings in Kayne Anderson Energy Infrastructure Fund by 114,616.7% during the second quarter. JPMorgan Chase & Co. now owns 6,883 shares of the financial services provider’s stock worth $88,000 after buying an additional 6,877 shares in the last quarter. Brown Advisory Inc. acquired a new position in Kayne Anderson Energy Infrastructure Fund during the second quarter worth about $105,000. Ameritas Advisory Services LLC grew its position in Kayne Anderson Energy Infrastructure Fund by 420.4% during the third quarter. Ameritas Advisory Services LLC now owns 12,610 shares of the financial services provider’s stock worth $156,000 after buying an additional 10,187 shares during the period. Finally, Cresset Asset Management LLC purchased a new position in Kayne Anderson Energy Infrastructure Fund in the second quarter valued at about $164,000.

Insiders Place Their Bets

In other news, Director Holli C. Ladhani acquired 3,600 shares of Kayne Anderson Energy Infrastructure Fund stock in a transaction that occurred on Monday, February 23rd. The stock was purchased at an average cost of $13.89 per share, with a total value of $50,004.00. Following the completion of the acquisition, the director owned 3,600 shares in the company, valued at $50,004. This trade represents a ∞ increase in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website.

Kayne Anderson Energy Infrastructure Fund Trading Down 1.1%

KYN stock opened at $14.06 on Friday. The firm has a 50 day moving average of $13.28 and a 200-day moving average of $12.47. Kayne Anderson Energy Infrastructure Fund, Inc. has a 12-month low of $9.82 and a 12-month high of $14.49.

Kayne Anderson Energy Infrastructure Fund Announces Dividend

The company also recently disclosed a monthly dividend, which will be paid on Tuesday, March 31st. Investors of record on Friday, March 13th will be paid a $0.085 dividend. This represents a c) annualized dividend and a yield of 7.3%. The ex-dividend date of this dividend is Friday, March 13th.

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.