Zazove Associates LLC Has $6.86 Million Stake in Kayne Anderson Energy Infrastructure Fund, Inc. (NYSE:KYN)

Zazove Associates LLC lifted its stake in Kayne Anderson Energy Infrastructure Fund, Inc. (NYSE:KYN) by 66.9% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 781,787 shares of the financial services provider’s stock after acquiring an additional 313,280 shares during the quarter. Kayne Anderson Energy Infrastructure Fund makes up approximately 0.9% of Zazove Associates LLC’s investment portfolio, making the stock its 26th largest position. Zazove Associates LLC’s holdings in Kayne Anderson Energy Infrastructure Fund were worth $6,864,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Tanglewood Legacy Advisors LLC bought a new position in Kayne Anderson Energy Infrastructure Fund during the fourth quarter worth about $29,000. Chilton Capital Management LLC bought a new stake in shares of Kayne Anderson Energy Infrastructure Fund during the first quarter worth approximately $69,000. Private Advisor Group LLC bought a new stake in shares of Kayne Anderson Energy Infrastructure Fund during the first quarter worth approximately $92,000. Virtu Financial LLC bought a new stake in shares of Kayne Anderson Energy Infrastructure Fund during the fourth quarter worth approximately $87,000. Finally, First National Bank of Mount Dora Trust Investment Services bought a new stake in shares of Kayne Anderson Energy Infrastructure Fund during the fourth quarter worth approximately $91,000.

Kayne Anderson Energy Infrastructure Fund Trading Up 1.4 %

Shares of NYSE:KYN traded up $0.13 during trading on Wednesday, reaching $9.54. 358,771 shares of the stock were exchanged, compared to its average volume of 538,302. Kayne Anderson Energy Infrastructure Fund, Inc. has a 12 month low of $7.84 and a 12 month high of $10.15. The stock has a 50-day moving average price of $9.39 and a 200-day moving average price of $8.79.

Kayne Anderson Energy Infrastructure Fund Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, April 12th. Stockholders of record on Friday, April 5th were issued a dividend of $0.22 per share. This represents a $0.88 dividend on an annualized basis and a dividend yield of 9.22%. The ex-dividend date was Thursday, April 4th.

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.