Insider Buying: Kayne Anderson Energy Infrastructure Fund (NYSE:KYN) CFO Buys 2,500 Shares of Stock

Kayne Anderson Energy Infrastructure Fund, Inc. (NYSE:KYN) CFO Austin Colby Parker bought 2,500 shares of the company’s stock in a transaction dated Wednesday, May 13th. The stock was purchased at an average price of $13.99 per share, for a total transaction of $34,975.00. Following the purchase, the chief financial officer owned 14,623 shares of the company’s stock, valued at approximately $204,575.77. This represents a 20.62% increase in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink.

Austin Colby Parker also recently made the following trade(s):

• On Wednesday, March 25th, Austin Colby Parker bought 2,500 shares of Kayne Anderson Energy Infrastructure Fund stock. The stock was purchased at an average price of $14.32 per share, for a total transaction of $35,800.00.

Kayne Anderson Energy Infrastructure Fund Trading Up 0.1%

Shares of NYSE KYN traded up $0.02 during midday trading on Wednesday, hitting $14.04. The stock had a trading volume of 182,113 shares, compared to its average volume of 450,332. The business’s 50 day moving average is $13.90 and its 200-day moving average is $12.95. Kayne Anderson Energy Infrastructure Fund, Inc. has a 52 week low of $11.31 and a 52 week high of $14.69.

Kayne Anderson Energy Infrastructure Fund Dividend Announcement

The business also recently announced a monthly dividend, which will be paid on Friday, May 29th. Investors of record on Friday, May 15th will be issued a $0.085 dividend. The ex-dividend date is Friday, May 15th. This represents a c) annualized dividend and a yield of 7.3%.

Institutional Investors Weigh In On Kayne Anderson Energy Infrastructure Fund

Several institutional investors and hedge funds have recently added to or reduced their stakes in KYN. JPMorgan Chase & Co. boosted its holdings in 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 worth $88,000 after purchasing an additional 6,877 shares during the last quarter. First Trust Advisors LP boosted its holdings in Kayne Anderson Energy Infrastructure Fund by 3.7% in the second quarter. First Trust Advisors LP now owns 94,074 shares of the financial services provider’s stock worth $1,197,000 after purchasing an additional 3,384 shares during the last quarter. Baird Financial Group Inc. boosted its holdings in Kayne Anderson Energy Infrastructure Fund by 13.5% in the second quarter. Baird Financial Group Inc. now owns 46,014 shares of the financial services provider’s stock worth $585,000 after purchasing an additional 5,463 shares during the last quarter. Brown Advisory Inc. bought a new position in Kayne Anderson Energy Infrastructure Fund in the second quarter worth approximately $105,000. Finally, Cresset Asset Management LLC bought a new position in Kayne Anderson Energy Infrastructure Fund in the second quarter worth approximately $164,000.

About Kayne Anderson Energy Infrastructure Fund

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.