Kayne Anderson Energy Infrastructure Fund, Inc. (NYSE:KYN) Shares Sold by Nations Financial Group Inc. IA ADV

Nations Financial Group Inc. IA ADV lessened its position in Kayne Anderson Energy Infrastructure Fund, Inc. (NYSE:KYN) by 5.2% during the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 27,193 shares of the financial services provider’s stock after selling 1,502 shares during the period. Nations Financial Group Inc. IA ADV’s holdings in Kayne Anderson Energy Infrastructure Fund were worth $299,000 at the end of the most recent reporting period.

Other large investors have also modified their holdings of the company. Cetera Investment Advisers boosted its position in shares of Kayne Anderson Energy Infrastructure Fund by 0.9% during the 2nd quarter. Cetera Investment Advisers now owns 5,923,852 shares of the financial services provider’s stock valued at $61,193,000 after purchasing an additional 51,554 shares in the last quarter. Advisors Asset Management Inc. raised its position in Kayne Anderson Energy Infrastructure Fund by 4.6% during the first quarter. Advisors Asset Management Inc. now owns 1,985,548 shares of the financial services provider’s stock valued at $19,875,000 after acquiring an additional 88,170 shares in the last quarter. Cadent Capital Advisors LLC raised its position in Kayne Anderson Energy Infrastructure Fund by 3.1% during the third quarter. Cadent Capital Advisors LLC now owns 903,432 shares of the financial services provider’s stock valued at $9,938,000 after acquiring an additional 26,779 shares in the last quarter. Garner Asset Management Corp raised its position in Kayne Anderson Energy Infrastructure Fund by 4.3% during the second quarter. Garner Asset Management Corp now owns 308,818 shares of the financial services provider’s stock valued at $3,190,000 after acquiring an additional 12,591 shares in the last quarter. Finally, Magnus Financial Group LLC grew its holdings in Kayne Anderson Energy Infrastructure Fund by 19.0% during the third quarter. Magnus Financial Group LLC now owns 190,570 shares of the financial services provider’s stock valued at $2,096,000 after purchasing an additional 30,479 shares during the last quarter.

Insider Buying and Selling

In other news, major shareholder Metlife Investment Management, bought 280,000 shares of the business’s stock in a transaction on Wednesday, September 18th. The shares were purchased at an average price of $25.00 per share, for a total transaction of $7,000,000.00. Following the purchase, the insider now owns 280,000 shares of the company’s stock, valued at approximately $7,000,000. The trade was a ∞ increase in their position. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink.

Kayne Anderson Energy Infrastructure Fund Stock Performance

Shares of Kayne Anderson Energy Infrastructure Fund stock opened at $12.59 on Friday. The company’s fifty day simple moving average is $11.58 and its 200-day simple moving average is $10.70. Kayne Anderson Energy Infrastructure Fund, Inc. has a 1 year low of $8.18 and a 1 year high of $13.05.

Kayne Anderson Energy Infrastructure Fund Announces Dividend

The company also recently disclosed a monthly dividend, which will be paid on Friday, November 29th. Investors of record on Friday, November 15th will be given a $0.08 dividend. The ex-dividend date of this dividend is Friday, November 15th. This represents a $0.96 dividend on an annualized basis and a yield of 7.63%.

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.