Kayne Anderson Energy Infrastructure Fund, Inc. $KYN Shares Acquired by Bard Associates Inc.

Bard Associates Inc. increased its holdings in Kayne Anderson Energy Infrastructure Fund, Inc. (NYSE:KYN) by 462.7% during the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 393,005 shares of the financial services provider’s stock after buying an additional 323,161 shares during the period. Kayne Anderson Energy Infrastructure Fund comprises about 1.3% of Bard Associates Inc.’s holdings, making the stock its 27th largest position. Bard Associates Inc.’s holdings in Kayne Anderson Energy Infrastructure Fund were worth $4,861,000 at the end of the most recent quarter.

A number of other large investors have also recently added to or reduced their stakes in the business. Bessemer Group Inc. purchased a new position in Kayne Anderson Energy Infrastructure Fund during the 3rd quarter valued at about $31,000. JPMorgan Chase & Co. lifted its holdings in shares of Kayne Anderson Energy Infrastructure Fund by 114,616.7% in the second quarter. JPMorgan Chase & Co. now owns 6,883 shares of the financial services provider’s stock valued at $88,000 after purchasing an additional 6,877 shares in the last quarter. Brown Advisory Inc. acquired a new stake in shares of Kayne Anderson Energy Infrastructure Fund in the second quarter valued at approximately $105,000. Ameritas Advisory Services LLC grew its position in shares of Kayne Anderson Energy Infrastructure Fund by 420.4% in the third quarter. Ameritas Advisory Services LLC now owns 12,610 shares of the financial services provider’s stock valued at $156,000 after purchasing an additional 10,187 shares during the last quarter. Finally, Cresset Asset Management LLC purchased a new position in shares of Kayne Anderson Energy Infrastructure Fund during the 2nd quarter worth approximately $164,000.

Insider Buying and Selling at Kayne Anderson Energy Infrastructure Fund

In related news, Director Holli C. Ladhani purchased 3,600 shares of the business’s stock in a transaction dated Monday, February 23rd. The stock was bought at an average cost of $13.89 per share, with a total value of $50,004.00. Following the completion of the acquisition, the director directly owned 3,600 shares in the company, valued at $50,004. The trade was a ∞ increase in their position. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink.

Kayne Anderson Energy Infrastructure Fund Stock Performance

Shares of Kayne Anderson Energy Infrastructure Fund stock opened at $14.06 on Friday. Kayne Anderson Energy Infrastructure Fund, Inc. has a 1 year low of $9.82 and a 1 year high of $14.49. The business has a 50 day moving average price of $13.28 and a 200 day moving average price of $12.47.

Kayne Anderson Energy Infrastructure Fund Dividend Announcement

The business also recently declared a monthly dividend, which will be paid on Tuesday, March 31st. Shareholders of record on Friday, March 13th will be given a dividend of $0.085 per share. The ex-dividend date of this dividend is Friday, March 13th. This represents a c) annualized dividend and a yield of 7.3%.

Kayne Anderson Energy Infrastructure Fund 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.