Kayne Anderson Energy Infrastructure Fund (NYSE:KYN) President James Baker Purchases 25,000 Shares

Kayne Anderson Energy Infrastructure Fund, Inc. (NYSE:KYN) President James Baker purchased 25,000 shares of the firm’s stock in a transaction that occurred on Wednesday, November 19th. The stock was purchased at an average price of $11.81 per share, with a total value of $295,250.00. Following the purchase, the president directly owned 861,040 shares of the company’s stock, valued at $10,168,882.40. The trade was a 2.99% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link.

Kayne Anderson Energy Infrastructure Fund Price Performance

Shares of NYSE:KYN opened at $11.88 on Thursday. Kayne Anderson Energy Infrastructure Fund, Inc. has a 52 week low of $9.82 and a 52 week high of $13.69. The company’s 50 day moving average is $11.94 and its two-hundred 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 issued a $0.08 dividend. This represents a c) annualized dividend and a yield of 8.1%. The ex-dividend date of this dividend is Friday, November 14th.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the business. Advisory Services Network LLC increased its holdings in shares of Kayne Anderson Energy Infrastructure Fund by 27.0% in the 3rd quarter. Advisory Services Network LLC now owns 31,500 shares of the financial services provider’s stock valued at $390,000 after acquiring an additional 6,700 shares during the last quarter. NewEdge Advisors LLC boosted its holdings in Kayne Anderson Energy Infrastructure Fund by 6.1% in the third quarter. NewEdge Advisors LLC now owns 102,188 shares of the financial services provider’s stock valued at $1,264,000 after purchasing an additional 5,838 shares in the last quarter. Zimmer Partners LP increased its stake in Kayne Anderson Energy Infrastructure Fund by 150.0% in the third quarter. Zimmer Partners LP now owns 250,000 shares of the financial services provider’s stock valued at $3,092,000 after purchasing an additional 150,000 shares during the last quarter. Mercer Global Advisors Inc. ADV increased its stake in Kayne Anderson Energy Infrastructure Fund by 95.5% in the third quarter. Mercer Global Advisors Inc. ADV now owns 35,700 shares of the financial services provider’s stock valued at $442,000 after purchasing an additional 17,442 shares during the last quarter. Finally, Laird Norton Wetherby Wealth Management LLC raised its holdings in Kayne Anderson Energy Infrastructure Fund by 59.8% during the third quarter. Laird Norton Wetherby Wealth Management LLC now owns 133,672 shares of the financial services provider’s stock worth $1,654,000 after purchasing an additional 50,000 shares in the last quarter.

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.