Kayne Anderson Energy Infrastructure Fund, Inc. (NYSE:KYN) President James C. Baker Acquires 25,000 Shares

Kayne Anderson Energy Infrastructure Fund, Inc. (NYSE:KYN) President James C. Baker bought 25,000 shares of the firm’s stock in a transaction that occurred on Friday, April 4th. The shares were acquired at an average price of $11.41 per share, with a total value of $285,250.00. Following the purchase, the president now owns 761,040 shares in the company, valued at $8,683,466.40. This trade represents a 3.40 % increase in their ownership of the stock. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink.

Kayne Anderson Energy Infrastructure Fund Trading Down 3.9 %

Shares of KYN stock opened at $10.87 on Tuesday. Kayne Anderson Energy Infrastructure Fund, Inc. has a 12 month low of $9.29 and a 12 month high of $13.69. The stock has a 50 day moving average of $12.75 and a 200-day moving average of $12.54.

Kayne Anderson Energy Infrastructure Fund Announces Dividend

The business also recently announced a monthly dividend, which will be paid on Wednesday, April 30th. Investors of record on Tuesday, April 15th will be paid a dividend of $0.08 per share. This represents a $0.96 annualized dividend and a yield of 8.84%. The ex-dividend date of this dividend is Tuesday, April 15th.

Institutional Trading of Kayne Anderson Energy Infrastructure Fund

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Choreo LLC lifted its stake in shares of Kayne Anderson Energy Infrastructure Fund by 2.8% in the fourth quarter. Choreo LLC now owns 32,266 shares of the financial services provider’s stock valued at $409,000 after buying an additional 874 shares during the period. Truist Financial Corp raised its holdings in Kayne Anderson Energy Infrastructure Fund by 4.6% in the 4th quarter. Truist Financial Corp now owns 57,207 shares of the financial services provider’s stock valued at $727,000 after acquiring an additional 2,533 shares in the last quarter. Walleye Capital LLC lifted its position in shares of Kayne Anderson Energy Infrastructure Fund by 24.4% in the 3rd quarter. Walleye Capital LLC now owns 46,134 shares of the financial services provider’s stock worth $507,000 after acquiring an additional 9,061 shares during the period. HighTower Advisors LLC increased its position in shares of Kayne Anderson Energy Infrastructure Fund by 2.3% during the fourth quarter. HighTower Advisors LLC now owns 444,114 shares of the financial services provider’s stock valued at $5,645,000 after purchasing an additional 10,085 shares during the period. Finally, Steward Partners Investment Advisory LLC raised its stake in shares of Kayne Anderson Energy Infrastructure Fund by 5.2% in the fourth quarter. Steward Partners Investment Advisory LLC now owns 47,612 shares of the financial services provider’s stock valued at $605,000 after purchasing an additional 2,343 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.