TSP Capital Management Group LLC decreased its position in Kayne Anderson Energy Infrastructure Fund, Inc. (NYSE:KYN – Free Report) by 1.7% during the 2nd quarter, HoldingsChannel reports. The fund owned 264,825 shares of the financial services provider’s stock after selling 4,500 shares during the quarter. Kayne Anderson Energy Infrastructure Fund comprises about 1.1% of TSP Capital Management Group LLC’s portfolio, making the stock its 28th largest holding. TSP Capital Management Group LLC’s holdings in Kayne Anderson Energy Infrastructure Fund were worth $3,369,000 at the end of the most recent quarter.
A number of other large investors have also recently bought and sold shares of the company. Cerity Partners LLC raised its holdings in shares of Kayne Anderson Energy Infrastructure Fund by 4.1% in the first quarter. Cerity Partners LLC now owns 22,323 shares of the financial services provider’s stock valued at $286,000 after purchasing an additional 881 shares during the last quarter. CWM LLC lifted its position in 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 buying an additional 933 shares in the last quarter. Kestra Private Wealth Services LLC grew its holdings in shares of Kayne Anderson Energy Infrastructure Fund by 29.1% in the 1st quarter. Kestra Private Wealth Services LLC now owns 133,706 shares of the financial services provider’s stock valued at $1,715,000 after acquiring an additional 30,121 shares in the last quarter. LPL Financial LLC increased its position in shares of Kayne Anderson Energy Infrastructure Fund by 7.7% in the first quarter. LPL Financial LLC now owns 323,887 shares of the financial services provider’s stock valued at $4,155,000 after acquiring an additional 23,098 shares during the last quarter. Finally, Commerce Bank raised its holdings in Kayne Anderson Energy Infrastructure Fund by 31.9% during the first quarter. Commerce Bank now owns 60,642 shares of the financial services provider’s stock worth $778,000 after acquiring an additional 14,680 shares in the last quarter.
Insiders Place Their Bets
In other news, Director Michael N. Mears purchased 10,000 shares of the company’s stock in a transaction on Monday, October 6th. The shares were purchased at an average cost of $12.24 per share, with a total value of $122,400.00. Following the completion of the transaction, the director owned 10,000 shares of the company’s stock, valued at $122,400. The trade was a ∞ increase in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CFO Austin Colby Parker purchased 2,500 shares of the business’s stock in a transaction on Monday, September 22nd. The stock was purchased at an average price of $12.18 per share, with a total value of $30,450.00. Following the purchase, the chief financial officer owned 9,167 shares of the company’s stock, valued at approximately $111,654.06. The trade was a 37.50% increase in their ownership of the stock. The SEC filing for this purchase provides additional information.
Kayne Anderson Energy Infrastructure Fund Stock Performance
Kayne Anderson Energy Infrastructure Fund Dividend Announcement
The company also recently announced a monthly dividend, which will be paid on Friday, November 28th. Investors of record on Friday, November 14th will be issued a dividend of $0.08 per share. This represents a c) dividend on an annualized basis and a yield of 8.0%. The ex-dividend date is Friday, November 14th.
Kayne Anderson Energy Infrastructure Fund Company 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.
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