Kayne Anderson Energy Infrastructure Fund (NYSE:KYN) Director Holli Ladhani Purchases 3,600 Shares

Kayne Anderson Energy Infrastructure Fund, Inc. (NYSE:KYNGet Free Report) Director Holli Ladhani purchased 3,600 shares of the business’s stock in a transaction that occurred on Monday, February 23rd. The stock was acquired at an average price of $13.89 per share, for a total transaction of $50,004.00. Following the purchase, the director owned 3,600 shares of the company’s stock, valued at approximately $50,004. This represents a ∞ increase in their position. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link.

Kayne Anderson Energy Infrastructure Fund Trading Down 0.9%

KYN traded down $0.13 on Tuesday, reaching $13.80. The company’s stock had a trading volume of 138,960 shares, compared to its average volume of 478,332. Kayne Anderson Energy Infrastructure Fund, Inc. has a 1 year low of $9.82 and a 1 year high of $13.96. The business’s 50 day moving average is $12.71 and its 200 day moving average is $12.30.

Kayne Anderson Energy Infrastructure Fund Dividend Announcement

The business also recently declared a monthly dividend, which will be paid on Friday, February 27th. Stockholders of record on Friday, February 13th will be given a dividend of $0.085 per share. The ex-dividend date of this dividend is Friday, February 13th. This represents a c) dividend on an annualized basis and a dividend yield of 7.4%.

Institutional Inflows and Outflows

Large investors have recently added to or reduced their stakes in the stock. Brown Advisory Inc. bought a new stake in shares of Kayne Anderson Energy Infrastructure Fund in the 4th quarter worth about $33,366,000. City of London Investment Management Co. Ltd. increased its holdings in Kayne Anderson Energy Infrastructure Fund by 402.0% in the third quarter. City of London Investment Management Co. Ltd. now owns 1,722,769 shares of the financial services provider’s stock valued at $21,311,000 after buying an additional 1,379,614 shares during the last quarter. Terril Brothers Inc. raised its stake in Kayne Anderson Energy Infrastructure Fund by 133.0% during the second quarter. Terril Brothers Inc. now owns 1,066,750 shares of the financial services provider’s stock valued at $13,570,000 after buying an additional 608,995 shares in the last quarter. Bard Associates Inc. raised its stake in Kayne Anderson Energy Infrastructure Fund by 462.7% during the third quarter. Bard Associates Inc. now owns 393,005 shares of the financial services provider’s stock valued at $4,861,000 after buying an additional 323,161 shares in the last quarter. Finally, Zimmer Partners LP lifted its holdings in Kayne Anderson Energy Infrastructure Fund by 121.9% during the 4th quarter. Zimmer Partners LP now owns 554,700 shares of the financial services provider’s stock worth $6,867,000 after buying an additional 304,700 shares during the last quarter.

Kayne Anderson Energy Infrastructure Fund Company Profile

(Get Free Report)

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.

Recommended Stories

Insider Buying and Selling by Quarter for Kayne Anderson Energy Infrastructure Fund (NYSE:KYN)

Receive News & Ratings for Kayne Anderson Energy Infrastructure Fund Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Kayne Anderson Energy Infrastructure Fund and related companies with MarketBeat.com's FREE daily email newsletter.