Kayne Anderson Energy Infrastructure Fund (NYSE:KYN) President Purchases $293,500.00 in Stock

Kayne Anderson Energy Infrastructure Fund, Inc. (NYSE:KYN) President James Baker acquired 25,000 shares of the stock in a transaction that occurred on Monday, November 24th. The stock was purchased at an average price of $11.74 per share, for a total transaction of $293,500.00. Following the completion of the acquisition, the president owned 886,040 shares in the company, valued at $10,402,109.60. The trade was a 2.90% increase in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink.

Kayne Anderson Energy Infrastructure Fund Trading Up 2.8%

KYN traded up $0.32 during trading hours on Monday, reaching $11.87. The company’s stock had a trading volume of 632,288 shares, compared to its average volume of 419,090. Kayne Anderson Energy Infrastructure Fund, Inc. has a fifty-two week low of $9.82 and a fifty-two week high of $13.69. The business’s 50-day moving average is $11.92 and its 200-day moving average is $12.19.

Kayne Anderson Energy Infrastructure Fund Announces Dividend

The firm also recently announced a monthly dividend, which will be paid on Friday, November 28th. Investors of record on Friday, November 14th will be paid a dividend of $0.08 per share. The ex-dividend date is Friday, November 14th. This represents a c) annualized dividend and a yield of 8.1%.

Institutional Trading of Kayne Anderson Energy Infrastructure Fund

Several institutional investors and hedge funds have recently added to or reduced their stakes in KYN. D.A. Davidson & CO. raised its stake in shares of Kayne Anderson Energy Infrastructure Fund by 3.5% during the 2nd quarter. D.A. Davidson & CO. now owns 25,623 shares of the financial services provider’s stock worth $326,000 after buying an additional 875 shares in the last quarter. Cerity Partners LLC increased its holdings in Kayne Anderson Energy Infrastructure Fund by 4.1% during the 1st quarter. Cerity Partners LLC now owns 22,323 shares of the financial services provider’s stock valued at $286,000 after acquiring an additional 881 shares in the last quarter. CWM LLC increased its stake in shares of Kayne Anderson Energy Infrastructure Fund by 39.3% during the 1st quarter. CWM LLC now owns 3,307 shares of the financial services provider’s stock worth $42,000 after purchasing an additional 933 shares in the last quarter. NewEdge Wealth LLC increased its position in Kayne Anderson Energy Infrastructure Fund by 4.0% during the third quarter. NewEdge Wealth LLC now owns 26,100 shares of the financial services provider’s stock worth $300,000 after buying an additional 1,000 shares in the last quarter. Finally, Prospera Financial Services Inc lifted its position in shares of Kayne Anderson Energy Infrastructure Fund by 0.6% in the third quarter. Prospera Financial Services Inc now owns 176,384 shares of the financial services provider’s stock valued at $2,182,000 after acquiring an additional 1,109 shares in the last quarter.

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.