Harrison James Little Buys 5,000 Shares of Kayne Anderson Energy Infrastructure Fund (NYSE:KYN) Stock

Kayne Anderson Energy Infrastructure Fund, Inc. (NYSE:KYN) EVP Harrison James Little bought 5,000 shares of the firm’s stock in a transaction that occurred on Thursday, March 19th. The stock was purchased at an average cost of $14.12 per share, with a total value of $70,600.00. Following the completion of the transaction, the executive vice president directly owned 15,599 shares in the company, valued at $220,257.88. This represents a 47.17% increase in their ownership of the stock. The purchase was disclosed in a document filed with the SEC, which is available at this link.

Kayne Anderson Energy Infrastructure Fund Trading Up 1.3%

Kayne Anderson Energy Infrastructure Fund stock traded up $0.18 during mid-day trading on Thursday, reaching $14.09. The stock had a trading volume of 392,218 shares, compared to its average volume of 450,541. Kayne Anderson Energy Infrastructure Fund, Inc. has a fifty-two week low of $9.82 and a fifty-two week high of $14.49. The stock’s 50-day simple moving average is $13.39 and its 200-day simple moving average is $12.51.

Kayne Anderson Energy Infrastructure Fund Announces Dividend

The firm also recently declared a monthly dividend, which will be paid on Tuesday, March 31st. Shareholders of record on Friday, March 13th will be paid a dividend of $0.085 per share. This represents a c) dividend on an annualized basis and a yield of 7.2%. The ex-dividend date is Friday, March 13th.

Institutional Inflows and Outflows

Large investors have recently made changes to their positions in the business. Bessemer Group Inc. bought a new stake in shares of Kayne Anderson Energy Infrastructure Fund during the third quarter worth about $31,000. Allworth Financial LP boosted its stake in Kayne Anderson Energy Infrastructure Fund by 5,166.7% during 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 acquired a new position in Kayne Anderson Energy Infrastructure Fund during the 4th quarter valued at about $61,000. JPMorgan Chase & Co. increased its holdings in Kayne Anderson Energy Infrastructure Fund by 114,616.7% during the 2nd 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 in the last quarter. Finally, Brown Advisory Inc. bought a new stake in Kayne Anderson Energy Infrastructure Fund during the 2nd quarter worth approximately $105,000.

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.