Kayne Anderson Energy Infrastructure Fund, Inc. (NYSE:KYN - Get Free Report) VP Michael J. O'neil acquired 2,350 shares of the company's stock in a transaction on Monday, April 7th. The shares were bought at an average cost of $10.59 per share, with a total value of $24,886.50. Following the acquisition, the vice president now directly owns 8,390 shares in the company, valued at approximately $88,850.10. The trade was a 38.91 % increase in their ownership of the stock. The purchase was disclosed in a document filed with the SEC, which is accessible through the SEC website.
Kayne Anderson Energy Infrastructure Fund Trading Down 3.9 %
NYSE:KYN opened at $10.87 on Tuesday. The business's 50-day moving average is $12.75 and its 200 day moving average is $12.54. Kayne Anderson Energy Infrastructure Fund, Inc. has a 12 month low of $9.29 and a 12 month high of $13.69.
Kayne Anderson Energy Infrastructure Fund Announces Dividend
The company also recently announced a monthly dividend, which will be paid on Wednesday, April 30th. Stockholders of record on Tuesday, April 15th will be given a dividend of $0.08 per share. The ex-dividend date is Tuesday, April 15th. This represents a $0.96 dividend on an annualized basis and a dividend yield of 8.84%.
Institutional Inflows and Outflows
Institutional investors and hedge funds have recently modified their holdings of the business. Choreo LLC lifted its position in Kayne Anderson Energy Infrastructure Fund by 2.8% during the fourth quarter. Choreo LLC now owns 32,266 shares of the financial services provider's stock valued at $409,000 after purchasing an additional 874 shares during the last quarter. Truist Financial Corp raised its position in shares of Kayne Anderson Energy Infrastructure Fund by 4.6% during the 4th quarter. Truist Financial Corp now owns 57,207 shares of the financial services provider's stock valued at $727,000 after buying an additional 2,533 shares in the last quarter. Walleye Capital LLC grew its position in Kayne Anderson Energy Infrastructure Fund by 24.4% in the third quarter. Walleye Capital LLC now owns 46,134 shares of the financial services provider's stock worth $507,000 after acquiring an additional 9,061 shares in the last quarter. HighTower Advisors LLC increased its stake in Kayne Anderson Energy Infrastructure Fund by 2.3% during the fourth quarter. HighTower Advisors LLC now owns 444,114 shares of the financial services provider's stock worth $5,645,000 after acquiring an additional 10,085 shares during the last quarter. Finally, Steward Partners Investment Advisory LLC raised its position in Kayne Anderson Energy Infrastructure Fund by 5.2% during the fourth quarter. Steward Partners Investment Advisory LLC now owns 47,612 shares of the financial services provider's stock valued at $605,000 after purchasing an additional 2,343 shares during the period.
About Kayne Anderson Energy Infrastructure Fund
(
Get Free Report)
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.
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