Terril Brothers Inc. Boosts Stock Position in Kayne Anderson Energy Infrastructure Fund, Inc. $KYN

Terril Brothers Inc. lifted its position in Kayne Anderson Energy Infrastructure Fund, Inc. (NYSE:KYN) by 133.0% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,066,750 shares of the financial services provider’s stock after acquiring an additional 608,995 shares during the quarter. Kayne Anderson Energy Infrastructure Fund accounts for approximately 5.1% of Terril Brothers Inc.’s investment portfolio, making the stock its 9th largest holding. Terril Brothers Inc.’s holdings in Kayne Anderson Energy Infrastructure Fund were worth $13,570,000 at the end of the most recent quarter.

Other institutional investors also recently bought and sold shares of the company. Raymond James Financial Inc. raised its position in shares of Kayne Anderson Energy Infrastructure Fund by 0.9% in the 1st quarter. Raymond James Financial Inc. now owns 2,677,002 shares of the financial services provider’s stock worth $34,346,000 after acquiring an additional 23,663 shares in the last quarter. Royal Bank of Canada boosted its holdings in shares of Kayne Anderson Energy Infrastructure Fund by 12.2% in the 1st quarter. Royal Bank of Canada now owns 2,241,558 shares of the financial services provider’s stock valued at $28,760,000 after buying an additional 242,905 shares in the last quarter. Advisors Asset Management Inc. grew its position in shares of Kayne Anderson Energy Infrastructure Fund by 11.5% in the 1st quarter. Advisors Asset Management Inc. now owns 2,059,850 shares of the financial services provider’s stock worth $26,428,000 after buying an additional 212,871 shares during the last quarter. Thomas J. Herzfeld Advisors Inc. grew its position in shares of Kayne Anderson Energy Infrastructure Fund by 5.0% in the 1st quarter. Thomas J. Herzfeld Advisors Inc. now owns 337,162 shares of the financial services provider’s stock worth $4,326,000 after buying an additional 15,922 shares during the last quarter. Finally, LPL Financial LLC raised its stake in shares of Kayne Anderson Energy Infrastructure Fund by 7.7% during the 1st quarter. LPL Financial LLC now owns 323,887 shares of the financial services provider’s stock worth $4,155,000 after acquiring an additional 23,098 shares in the last quarter.

Insider Buying and Selling

In related news, CFO Austin Colby Parker acquired 2,500 shares of the business’s stock in a transaction dated Monday, September 22nd. The shares were purchased at an average price of $12.18 per share, for a total transaction of $30,450.00. Following the completion of the acquisition, the chief financial officer directly owned 9,167 shares in the company, valued at $111,654.06. The trade was a 37.50% increase in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, President James C. Baker acquired 25,000 shares of the firm’s stock in a transaction that occurred on Wednesday, August 20th. The stock was bought at an average cost of $12.20 per share, with a total value of $305,000.00. Following the completion of the transaction, the president directly owned 836,040 shares in the company, valued at $10,199,688. The trade was a 3.08% increase in their ownership of the stock. The SEC filing for this purchase provides additional information. Insiders have acquired a total of 38,550 shares of company stock worth $470,660 in the last ninety days.

Kayne Anderson Energy Infrastructure Fund Stock Performance

Shares of KYN opened at $11.53 on Friday. The company has a 50 day moving average of $12.11 and a two-hundred day moving average of $12.18. Kayne Anderson Energy Infrastructure Fund, Inc. has a twelve month low of $9.82 and a twelve month high of $13.69.

Kayne Anderson Energy Infrastructure Fund Announces Dividend

The firm also recently announced a monthly dividend, which will be paid on Friday, October 31st. Investors of record on Wednesday, October 15th will be paid a dividend of $0.08 per share. This represents a c) annualized dividend and a yield of 8.3%. The ex-dividend date is Wednesday, October 15th.

Kayne Anderson Energy Infrastructure Fund 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.