Focus Partners Advisor Solutions LLC Invests $1.44 Million in Kayne Anderson Energy Infrastructure Fund, Inc. (NYSE:KYN)

Focus Partners Advisor Solutions LLC bought a new position in shares of Kayne Anderson Energy Infrastructure Fund, Inc. (NYSE:KYN) in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor bought 113,395 shares of the financial services provider’s stock, valued at approximately $1,441,000.

Other hedge funds have also made changes to their positions in the company. Means Investment CO. Inc. acquired a new stake in shares of Kayne Anderson Energy Infrastructure Fund during the fourth quarter worth about $127,000. Mengis Capital Management Inc. acquired a new stake in shares of Kayne Anderson Energy Infrastructure Fund during the fourth quarter worth about $128,000. Powell Investment Advisors LLC acquired a new stake in shares of Kayne Anderson Energy Infrastructure Fund during the fourth quarter worth about $136,000. Intellectus Partners LLC raised its holdings in Kayne Anderson Energy Infrastructure Fund by 12.8% during the fourth quarter. Intellectus Partners LLC now owns 13,250 shares of the financial services provider’s stock worth $168,000 after purchasing an additional 1,500 shares in the last quarter. Finally, Fidelis Capital Partners LLC purchased a new position in Kayne Anderson Energy Infrastructure Fund during the fourth quarter worth about $178,000.

Insider Buying and Selling

In other news, President James C. Baker purchased 25,000 shares of the business’s stock in a transaction that occurred on Friday, April 4th. The stock was purchased at an average cost of $11.41 per share, with a total value of $285,250.00. Following the completion of the acquisition, the president now directly owns 761,040 shares of the company’s stock, valued at approximately $8,683,466.40. This trade represents a 3.40% increase in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Insiders bought 94,350 shares of company stock valued at $1,115,047 over the last ninety days.

Kayne Anderson Energy Infrastructure Fund Price Performance

NYSE KYN opened at $11.99 on Friday. Kayne Anderson Energy Infrastructure Fund, Inc. has a 52-week low of $9.58 and a 52-week high of $13.69. The firm has a 50-day moving average price of $12.02 and a 200 day moving average price of $12.58.

Kayne Anderson Energy Infrastructure Fund Dividend Announcement

The company also recently declared a monthly dividend, which will be paid on Friday, May 30th. Investors of record on Thursday, May 15th will be issued a dividend of $0.08 per share. The ex-dividend date is Thursday, May 15th. This represents a $0.96 annualized dividend and a yield of 8.01%.

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.