Kayne Anderson Energy Infrastructure Fund (NYSE:KYN) CFO Austin Colby Parker Acquires 2,500 Shares of Stock

Kayne Anderson Energy Infrastructure Fund, Inc. (NYSE:KYN) CFO Austin Colby Parker acquired 2,500 shares of the firm’s stock in a transaction on Wednesday, May 13th. The stock was purchased at an average cost of $13.99 per share, with a total value of $34,975.00. Following the purchase, the chief financial officer owned 14,623 shares of the company’s stock, valued at $204,575.77. The trade was a 20.62% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link.

Austin Colby Parker also recently made the following trade(s):

• On Wednesday, March 25th, Austin Colby Parker acquired 2,500 shares of Kayne Anderson Energy Infrastructure Fund stock. The stock was purchased at an average cost of $14.32 per share, with a total value of $35,800.00.

Kayne Anderson Energy Infrastructure Fund Price Performance

Shares of NYSE KYN opened at $14.11 on Thursday. Kayne Anderson Energy Infrastructure Fund, Inc. has a 1 year low of $11.31 and a 1 year high of $14.69. The firm has a 50-day simple moving average of $13.89 and a two-hundred day simple moving average of $12.96.

Kayne Anderson Energy Infrastructure Fund Announces Dividend

The business also recently declared a monthly dividend, which will be paid on Friday, May 29th. Stockholders of record on Friday, May 15th will be paid a dividend of $0.085 per share. This represents a c) annualized dividend and a dividend yield of 7.2%. The ex-dividend date of this dividend is Friday, May 15th.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently bought and sold shares of the company. Bessemer Group Inc. bought a new stake in Kayne Anderson Energy Infrastructure Fund during the 3rd quarter valued at $31,000. Allworth Financial LP increased its stake in shares of Kayne Anderson Energy Infrastructure Fund by 5,166.7% during the fourth quarter. Allworth Financial LP now owns 3,160 shares of the financial services provider’s stock valued at $39,000 after buying an additional 3,100 shares during the period. International Assets Investment Management LLC purchased a new position in shares of Kayne Anderson Energy Infrastructure Fund during the fourth quarter valued at $61,000. JPMorgan Chase & Co. raised its holdings in shares of Kayne Anderson Energy Infrastructure Fund by 114,616.7% in the second quarter. JPMorgan Chase & Co. now owns 6,883 shares of the financial services provider’s stock valued at $88,000 after acquiring an additional 6,877 shares in the last quarter. Finally, Brown Advisory Inc. bought a new stake in shares of Kayne Anderson Energy Infrastructure Fund in the second quarter valued at about $105,000.

Kayne Anderson Energy Infrastructure Fund Company Profile

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.