Bard Associates Inc. grew its stake in shares of Kayne Anderson Energy Infrastructure Fund, Inc. (NYSE:KYN – Free Report) by 23.5% in the 4th quarter, HoldingsChannel reports. The firm owned 66,954 shares of the financial services provider’s stock after acquiring an additional 12,750 shares during the quarter. Bard Associates Inc.’s holdings in Kayne Anderson Energy Infrastructure Fund were worth $851,000 at the end of the most recent quarter.
Several other hedge funds have also modified their holdings of KYN. Meridian Wealth Management LLC purchased a new stake in shares of Kayne Anderson Energy Infrastructure Fund during the third quarter valued at $4,454,000. HB Wealth Management LLC purchased a new stake in shares of Kayne Anderson Energy Infrastructure Fund during the fourth quarter valued at $2,008,000. Nwam LLC purchased a new stake in Kayne Anderson Energy Infrastructure Fund in the 3rd quarter worth about $1,580,000. Terril Brothers Inc. lifted its stake in Kayne Anderson Energy Infrastructure Fund by 40.2% in the 4th quarter. Terril Brothers Inc. now owns 463,080 shares of the financial services provider’s stock worth $5,886,000 after acquiring an additional 132,850 shares in the last quarter. Finally, Advisors Asset Management Inc. lifted its stake in Kayne Anderson Energy Infrastructure Fund by 6.6% in the 3rd quarter. Advisors Asset Management Inc. now owns 1,914,673 shares of the financial services provider’s stock worth $21,061,000 after acquiring an additional 118,246 shares in the last quarter.
Insider Buying and Selling
In other Kayne Anderson Energy Infrastructure Fund news, President James C. Baker acquired 20,000 shares of Kayne Anderson Energy Infrastructure Fund stock in a transaction that occurred on Friday, February 28th. The stock was purchased at an average cost of $12.60 per share, with a total value of $252,000.00. Following the purchase, the president now owns 700,939 shares in the company, valued at approximately $8,831,831.40. The trade was a 2.94 % increase in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, EVP Harrison James Little purchased 5,000 shares of the business’s stock in a transaction dated Friday, January 17th. The shares were purchased at an average cost of $13.04 per share, with a total value of $65,200.00. Following the completion of the purchase, the executive vice president now directly owns 5,000 shares in the company, valued at approximately $65,200. This represents a ∞ increase in their ownership of the stock. The disclosure for this purchase can be found here.
Kayne Anderson Energy Infrastructure Fund Price Performance
Kayne Anderson Energy Infrastructure Fund Dividend Announcement
The firm also recently disclosed a monthly dividend, which was paid on Friday, February 28th. Investors of record on Friday, February 14th were paid a $0.08 dividend. This represents a $0.96 annualized dividend and a yield of 7.56%. The ex-dividend date was Friday, February 14th.
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.
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Want to see what other hedge funds are holding KYN? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Kayne Anderson Energy Infrastructure Fund, Inc. (NYSE:KYN – Free Report).
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