Intellectus Partners LLC boosted its position in shares of Kayne Anderson Energy Infrastructure Fund, Inc. (NYSE:KYN – Free Report) by 12.8% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 13,250 shares of the financial services provider’s stock after acquiring an additional 1,500 shares during the period. Intellectus Partners LLC’s holdings in Kayne Anderson Energy Infrastructure Fund were worth $168,000 as of its most recent SEC filing.
Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Raymond James Financial Inc. acquired a new position in shares of Kayne Anderson Energy Infrastructure Fund in the 4th quarter valued at $33,724,000. Meridian Wealth Management LLC acquired a new position in shares of Kayne Anderson Energy Infrastructure Fund in the 3rd quarter valued at $4,454,000. HB Wealth Management LLC acquired a new position in shares of Kayne Anderson Energy Infrastructure Fund in the 4th quarter valued at $2,008,000. Nwam LLC acquired a new position in shares of Kayne Anderson Energy Infrastructure Fund in the 3rd quarter valued at $1,580,000. Finally, Terril Brothers Inc. boosted its holdings in shares of 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 valued at $5,886,000 after buying an additional 132,850 shares in the last quarter.
Insider Activity
In other Kayne Anderson Energy Infrastructure Fund news, EVP Harrison James Little purchased 5,000 shares of Kayne Anderson Energy Infrastructure Fund stock in a transaction that occurred on Friday, January 17th. The stock was purchased at an average price of $13.04 per share, for a total transaction of $65,200.00. Following the transaction, the executive vice president now directly owns 5,000 shares in the company, valued at $65,200. This trade represents a ∞ increase in their ownership of the stock. The purchase was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, President James C. Baker purchased 20,000 shares of Kayne Anderson Energy Infrastructure Fund stock in a transaction that occurred on Friday, February 28th. The stock was acquired at an average price of $12.60 per share, with a total value of $252,000.00. Following the transaction, the president now owns 700,939 shares in the company, valued at $8,831,831.40. The trade was a 2.94 % increase in their ownership of the stock. The disclosure for this purchase can be found here.
Kayne Anderson Energy Infrastructure Fund Stock Performance
Kayne Anderson Energy Infrastructure Fund Announces Dividend
The business also recently announced a monthly dividend, which will be paid on Monday, March 31st. Stockholders of record on Friday, March 14th will be issued a $0.08 dividend. This represents a $0.96 annualized dividend and a dividend yield of 7.89%. The ex-dividend date of this dividend is Friday, March 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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