Visionary Wealth Advisors Buys Shares of 36,896 Kayne Anderson Energy Infrastructure Fund, Inc. $KYN

Visionary Wealth Advisors purchased a new stake in shares of Kayne Anderson Energy Infrastructure Fund, Inc. (NYSE:KYN) in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 36,896 shares of the financial services provider’s stock, valued at approximately $510,000.

Several other institutional investors have also modified their holdings of KYN. Allworth Financial LP lifted its position in Kayne Anderson Energy Infrastructure Fund by 5,166.7% in the 4th quarter. Allworth Financial LP now owns 3,160 shares of the financial services provider’s stock valued at $39,000 after purchasing an additional 3,100 shares during the last quarter. International Assets Investment Management LLC bought a new position in Kayne Anderson Energy Infrastructure Fund in the 4th quarter worth about $61,000. JPMorgan Chase & Co. increased its stake 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 during the period. BlackRock Inc. acquired a new stake in shares of Kayne Anderson Energy Infrastructure Fund in the second quarter valued at approximately $98,000. Finally, Brown Advisory Inc. bought a new stake in shares of Kayne Anderson Energy Infrastructure Fund during the second quarter valued at approximately $105,000.

Insiders Place Their Bets

In other Kayne Anderson Energy Infrastructure Fund news, Director Michael J. Hennigan purchased 15,000 shares of the stock in a transaction dated Wednesday, June 24th. The shares were bought at an average cost of $13.57 per share, with a total value of $203,550.00. Following the completion of the acquisition, the director owned 20,000 shares of the company’s stock, valued at approximately $271,400. This trade represents a 300.00% increase in their ownership of the stock. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Holli C. Ladhani acquired 3,621 shares of the business’s stock in a transaction that occurred on Tuesday, June 2nd. The shares were bought at an average price of $13.81 per share, for a total transaction of $50,006.01. Following the completion of the purchase, the director owned 7,221 shares of the company’s stock, valued at approximately $99,722.01. This represents a 100.58% increase in their ownership of the stock. The disclosure for this purchase is available in the SEC filing. In the last quarter, insiders acquired 27,021 shares of company stock worth $371,536.

Kayne Anderson Energy Infrastructure Fund Trading Down 0.1%

Shares of NYSE KYN opened at $14.59 on Tuesday. The stock has a 50 day simple moving average of $14.27 and a 200-day simple moving average of $14.03. Kayne Anderson Energy Infrastructure Fund, Inc. has a 12-month low of $11.31 and a 12-month high of $15.17.

Kayne Anderson Energy Infrastructure Fund Dividend Announcement

The firm also recently announced a monthly dividend, which will be paid on Monday, August 31st. Shareholders of record on Friday, August 14th will be paid a dividend of $0.09 per share. The ex-dividend date of this dividend is Friday, August 14th. This represents a c) annualized dividend and a yield of 7.4%.

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.