FourThought Financial Partners LLC Makes New $2.02 Million Investment in Kayne Anderson Energy Infrastructure Fund, Inc. (NYSE:KYN)

FourThought Financial Partners LLC purchased a new stake in Kayne Anderson Energy Infrastructure Fund, Inc. (NYSE:KYN) during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm purchased 230,564 shares of the financial services provider’s stock, valued at approximately $2,024,000.

A number of other institutional investors have also made changes to their positions in the business. J.P. Morgan Private Wealth Advisors LLC grew its holdings in Kayne Anderson Energy Infrastructure Fund by 1.6% in the 3rd quarter. J.P. Morgan Private Wealth Advisors LLC now owns 82,373 shares of the financial services provider’s stock valued at $693,000 after buying an additional 1,258 shares during the last quarter. TSP Capital Management Group LLC raised its stake in Kayne Anderson Energy Infrastructure Fund by 0.5% during the 3rd quarter. TSP Capital Management Group LLC now owns 275,775 shares of the financial services provider’s stock valued at $2,319,000 after purchasing an additional 1,450 shares during the last quarter. Kayne Anderson Rudnick Investment Management LLC boosted its holdings in Kayne Anderson Energy Infrastructure Fund by 2.4% in the 3rd quarter. Kayne Anderson Rudnick Investment Management LLC now owns 63,884 shares of the financial services provider’s stock valued at $537,000 after purchasing an additional 1,500 shares during the period. Axxcess Wealth Management LLC grew its position in Kayne Anderson Energy Infrastructure Fund by 4.7% in the 4th quarter. Axxcess Wealth Management LLC now owns 33,934 shares of the financial services provider’s stock worth $298,000 after purchasing an additional 1,517 shares during the last quarter. Finally, Essex Financial Services Inc. increased its holdings in shares of Kayne Anderson Energy Infrastructure Fund by 3.9% during the 3rd quarter. Essex Financial Services Inc. now owns 43,948 shares of the financial services provider’s stock worth $370,000 after purchasing an additional 1,660 shares during the period.

Kayne Anderson Energy Infrastructure Fund Stock Down 0.4 %

Shares of KYN traded down $0.04 during trading hours on Friday, reaching $9.55. 612,226 shares of the company traded hands, compared to its average volume of 526,846. Kayne Anderson Energy Infrastructure Fund, Inc. has a 1-year low of $7.84 and a 1-year high of $10.15. The stock’s fifty day moving average is $9.59 and its 200 day moving average is $8.90.

Kayne Anderson Energy Infrastructure Fund Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, April 12th. Shareholders of record on Friday, April 5th were given a $0.22 dividend. The ex-dividend date was Thursday, April 4th. This represents a $0.88 dividend on an annualized basis and a dividend yield of 9.21%.

Kayne Anderson Energy Infrastructure Fund Company Profile

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.