Parallel Advisors LLC Has $1.22 Million Holdings in Kayne Anderson Energy Infrastructure Fund, Inc. $KYN

Parallel Advisors LLC lifted its position in Kayne Anderson Energy Infrastructure Fund, Inc. (NYSE:KYN) by 632.4% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 98,880 shares of the financial services provider’s stock after buying an additional 85,380 shares during the quarter. Parallel Advisors LLC’s holdings in Kayne Anderson Energy Infrastructure Fund were worth $1,223,000 as of its most recent SEC filing.

Other institutional investors have also added to or reduced their stakes in the company. Bessemer Group Inc. bought a new stake in Kayne Anderson Energy Infrastructure Fund during the third quarter worth $31,000. Parkside Financial Bank & Trust acquired a new stake in Kayne Anderson Energy Infrastructure Fund in the 2nd quarter valued at about $33,000. JPMorgan Chase & Co. grew its holdings in Kayne Anderson Energy Infrastructure Fund by 114,616.7% during the second quarter. JPMorgan Chase & Co. now owns 6,883 shares of the financial services provider’s stock worth $88,000 after purchasing an additional 6,877 shares during the period. Brown Advisory Inc. bought a new position in Kayne Anderson Energy Infrastructure Fund during the second quarter worth about $105,000. Finally, Ameritas Advisory Services LLC increased its position in Kayne Anderson Energy Infrastructure Fund by 420.4% during the third quarter. Ameritas Advisory Services LLC now owns 12,610 shares of the financial services provider’s stock worth $156,000 after buying an additional 10,187 shares during the last quarter.

Insiders Place Their Bets

In other Kayne Anderson Energy Infrastructure Fund news, Director Holli C. Ladhani purchased 3,600 shares of the business’s stock in a transaction on Monday, February 23rd. The stock was acquired at an average price of $13.89 per share, with a total value of $50,004.00. Following the acquisition, the director directly owned 3,600 shares of the company’s stock, valued at $50,004. This trade represents a ∞ increase in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this link.

Kayne Anderson Energy Infrastructure Fund Stock Performance

NYSE:KYN opened at $13.94 on Wednesday. The stock’s 50 day moving average price is $13.17 and its two-hundred day moving average price is $12.43. Kayne Anderson Energy Infrastructure Fund, Inc. has a 12-month low of $9.82 and a 12-month high of $14.49.

Kayne Anderson Energy Infrastructure Fund Dividend Announcement

The firm also recently declared a monthly dividend, which will be paid on Tuesday, March 31st. Investors of record on Friday, March 13th will be paid a $0.085 dividend. This represents a c) dividend on an annualized basis and a yield of 7.3%. The ex-dividend date is Friday, March 13th.

Kayne Anderson Energy Infrastructure Fund Company Profile

The Kayne Anderson Energy Infrastructure Fund, Inc (NYSE: KYN) is a closed-end management investment company that focuses on energy infrastructure assets. The fund’s portfolio is primarily composed of equity securities of publicly traded partnerships—including master limited partnerships (MLPs)—and other energy-related companies. Key sectors in its midstream-oriented strategy include the transportation, storage, processing and distribution of natural gas, crude oil and refined products.

Since commencing operations in 2014, Kayne Anderson Energy Infrastructure Fund has pursued a dual objective of current income generation and long-term capital appreciation.