Austin Colby Parker Acquires 2,500 Shares of Kayne Anderson Energy Infrastructure Fund (NYSE:KYN) Stock

Kayne Anderson Energy Infrastructure Fund, Inc. (NYSE:KYN) CFO Austin Colby Parker acquired 2,500 shares of Kayne Anderson Energy Infrastructure Fund stock in a transaction dated Wednesday, March 25th. The stock was bought at an average price of $14.32 per share, with a total value of $35,800.00. Following the completion of the purchase, the chief financial officer directly owned 12,011 shares in the company, valued at $171,997.52. This represents a 26.29% increase in their ownership of the stock. The purchase was disclosed in a filing with the SEC, which is available through the SEC website.

Kayne Anderson Energy Infrastructure Fund Stock Up 0.7%

Shares of Kayne Anderson Energy Infrastructure Fund stock opened at $14.33 on Friday. The stock’s fifty day moving average is $13.60 and its 200 day moving average is $12.58. Kayne Anderson Energy Infrastructure Fund, Inc. has a one year low of $9.82 and a one year high of $14.49.

Kayne Anderson Energy Infrastructure Fund Dividend Announcement

The business also recently disclosed a monthly dividend, which will be paid on Tuesday, March 31st. Stockholders of record on Friday, March 13th will be paid a $0.085 dividend. The ex-dividend date of this dividend is Friday, March 13th. This represents a c) annualized dividend and a dividend yield of 7.1%.

Institutional Investors Weigh In On Kayne Anderson Energy Infrastructure Fund

A number of institutional investors and hedge funds have recently added to or reduced their stakes in KYN. Brown Advisory Inc. bought a new position in shares of Kayne Anderson Energy Infrastructure Fund in the fourth quarter worth approximately $33,366,000. City of London Investment Management Co. Ltd. raised its position in shares of Kayne Anderson Energy Infrastructure Fund by 402.0% during the 3rd quarter. City of London Investment Management Co. Ltd. now owns 1,722,769 shares of the financial services provider’s stock valued at $21,311,000 after purchasing an additional 1,379,614 shares during the period. Bard Associates Inc. lifted its stake in shares of Kayne Anderson Energy Infrastructure Fund by 462.7% during the 3rd quarter. Bard Associates Inc. now owns 393,005 shares of the financial services provider’s stock valued at $4,861,000 after buying an additional 323,161 shares in the last quarter. Zimmer Partners LP boosted its holdings in Kayne Anderson Energy Infrastructure Fund by 121.9% in the 4th quarter. Zimmer Partners LP now owns 554,700 shares of the financial services provider’s stock worth $6,867,000 after buying an additional 304,700 shares during the period. Finally, Rivernorth Capital Management LLC boosted its holdings in Kayne Anderson Energy Infrastructure Fund by 78.0% in the 4th quarter. Rivernorth Capital Management LLC now owns 689,800 shares of the financial services provider’s stock worth $8,540,000 after buying an additional 302,256 shares during the period.

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.