TrueMark Investments LLC Makes New $550,000 Investment in Kayne Anderson Energy Infrastructure Fund, Inc. $KYN

TrueMark Investments LLC acquired a new stake in Kayne Anderson Energy Infrastructure Fund, Inc. (NYSE:KYN) during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor acquired 44,451 shares of the financial services provider’s stock, valued at approximately $550,000.

Several other institutional investors have also recently made changes to their positions in the business. Farther Finance Advisors LLC boosted its holdings in Kayne Anderson Energy Infrastructure Fund by 490.8% in the second quarter. Farther Finance Advisors LLC now owns 26,734 shares of the financial services provider’s stock valued at $340,000 after purchasing an additional 22,209 shares during the last quarter. ORG Wealth Partners LLC lifted its holdings in shares of Kayne Anderson Energy Infrastructure Fund by 36.8% in the 2nd quarter. ORG Wealth Partners LLC now owns 136,031 shares of the financial services provider’s stock valued at $1,711,000 after buying an additional 36,605 shares during the period. DAVENPORT & Co LLC lifted its holdings in shares of Kayne Anderson Energy Infrastructure Fund by 14.5% in the 2nd quarter. DAVENPORT & Co LLC now owns 14,310 shares of the financial services provider’s stock valued at $182,000 after buying an additional 1,811 shares during the period. Matisse Capital purchased a new stake in shares of Kayne Anderson Energy Infrastructure Fund in the second quarter worth about $2,835,000. Finally, RFG Advisory LLC grew its holdings in Kayne Anderson Energy Infrastructure Fund by 22.2% during the second quarter. RFG Advisory LLC now owns 208,001 shares of the financial services provider’s stock worth $2,646,000 after acquiring an additional 37,851 shares during the period.

Kayne Anderson Energy Infrastructure Fund Trading Up 0.5%

Shares of KYN stock opened at $12.58 on Friday. Kayne Anderson Energy Infrastructure Fund, Inc. has a twelve month low of $9.82 and a twelve month high of $13.64. The stock has a 50 day moving average of $12.17 and a 200 day moving average of $12.14.

Kayne Anderson Energy Infrastructure Fund Increases Dividend

The company also recently declared a monthly dividend, which will be paid on Friday, January 30th. Investors of record on Thursday, January 15th will be issued a dividend of $0.085 per share. This represents a c) dividend on an annualized basis and a yield of 8.1%. This is a boost from Kayne Anderson Energy Infrastructure Fund’s previous monthly dividend of $0.08. The ex-dividend date of this dividend is Thursday, January 15th.

Insider Buying and Selling

In other news, President James C. Baker acquired 25,000 shares of the business’s stock in a transaction on Monday, November 24th. The stock was bought at an average price of $11.74 per share, with a total value of $293,500.00. Following the completion of the acquisition, the president owned 886,040 shares of the company’s stock, valued at approximately $10,402,109.60. This represents a 2.90% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the SEC, which is accessible through the SEC website.

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.