Kayne Anderson Capital Advisors LP Buys Shares of 1,614,122 Kayne Anderson Energy Infrastructure Fund, Inc. (NYSE:KYN)

Kayne Anderson Capital Advisors LP purchased a new position in Kayne Anderson Energy Infrastructure Fund, Inc. (NYSE:KYN) in the fourth quarter, HoldingsChannel reports. The firm purchased 1,614,122 shares of the financial services provider’s stock, valued at approximately $14,172,000.

Several other institutional investors and hedge funds have also made changes to their positions in KYN. Raymond James & Associates lifted its position in Kayne Anderson Energy Infrastructure Fund by 232.8% in the fourth quarter. Raymond James & Associates now owns 3,193,349 shares of the financial services provider’s stock worth $28,038,000 after purchasing an additional 2,233,838 shares during the period. Advisors Asset Management Inc. lifted its holdings in shares of Kayne Anderson Energy Infrastructure Fund by 31.9% in the third quarter. Advisors Asset Management Inc. now owns 1,424,964 shares of the financial services provider’s stock valued at $11,984,000 after buying an additional 344,929 shares during the period. Penserra Capital Management LLC boosted its stake in Kayne Anderson Energy Infrastructure Fund by 3.7% during the third quarter. Penserra Capital Management LLC now owns 1,257,117 shares of the financial services provider’s stock valued at $10,572,000 after buying an additional 44,971 shares in the last quarter. UBS Group AG grew its holdings in Kayne Anderson Energy Infrastructure Fund by 0.8% during the third quarter. UBS Group AG now owns 1,175,447 shares of the financial services provider’s stock worth $9,886,000 after acquiring an additional 9,073 shares during the period. Finally, Stansberry Asset Management LLC raised its position in Kayne Anderson Energy Infrastructure Fund by 5.3% in the third quarter. Stansberry Asset Management LLC now owns 1,111,610 shares of the financial services provider’s stock worth $9,349,000 after acquiring an additional 56,209 shares in the last quarter.

Kayne Anderson Energy Infrastructure Fund Stock Performance

Shares of NYSE:KYN traded up $0.07 during trading hours on Thursday, hitting $9.93. 46,944 shares of the company’s stock traded hands, compared to its average volume of 520,526. The company’s fifty day simple moving average is $9.63 and its two-hundred day simple moving average is $8.93. Kayne Anderson Energy Infrastructure Fund, Inc. has a 52 week low of $7.84 and a 52 week high of $10.15.

Kayne Anderson Energy Infrastructure Fund Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, April 12th. Investors of record on Friday, April 5th were issued a dividend of $0.22 per share. This represents a $0.88 dividend on an annualized basis and a yield of 8.86%. The ex-dividend date was Thursday, April 4th.

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.