Holli Ladhani Buys 3,600 Shares of Kayne Anderson Energy Infrastructure Fund (NYSE:KYN) Stock

Kayne Anderson Energy Infrastructure Fund, Inc. (NYSE:KYN) Director Holli Ladhani bought 3,600 shares of the stock in a transaction on Monday, February 23rd. The stock was purchased at an average price of $13.89 per share, for a total transaction of $50,004.00. Following the completion of the purchase, the director owned 3,600 shares of the company’s stock, valued at approximately $50,004. This trade represents a ∞ increase in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink.

Kayne Anderson Energy Infrastructure Fund Price Performance

Shares of KYN opened at $13.96 on Thursday. Kayne Anderson Energy Infrastructure Fund, Inc. has a fifty-two week low of $9.82 and a fifty-two week high of $14.05. The business has a 50-day moving average of $12.79 and a 200 day moving average of $12.32.

Kayne Anderson Energy Infrastructure Fund Dividend Announcement

The firm also recently declared a monthly dividend, which will be paid on Friday, February 27th. Stockholders of record on Friday, February 13th will be given a $0.085 dividend. The ex-dividend date of this dividend is Friday, February 13th. This represents a c) annualized dividend and a dividend yield of 7.3%.

Institutional Investors Weigh In On Kayne Anderson Energy Infrastructure Fund

A number of hedge funds and other institutional investors have recently bought and sold shares of KYN. Johnson Investment Counsel Inc. lifted its position in shares of Kayne Anderson Energy Infrastructure Fund by 2.0% during the fourth quarter. Johnson Investment Counsel Inc. now owns 42,491 shares of the financial services provider’s stock worth $526,000 after acquiring an additional 821 shares in the last quarter. Secure Asset Management LLC boosted its stake in Kayne Anderson Energy Infrastructure Fund by 0.9% in the 4th quarter. Secure Asset Management LLC now owns 90,275 shares of the financial services provider’s stock worth $1,118,000 after purchasing an additional 827 shares during the period. D.A. Davidson & CO. grew its holdings in Kayne Anderson Energy Infrastructure Fund by 3.5% during the 2nd quarter. D.A. Davidson & CO. now owns 25,623 shares of the financial services provider’s stock valued at $326,000 after buying an additional 875 shares in the last quarter. NewEdge Wealth LLC increased its position in shares of Kayne Anderson Energy Infrastructure Fund by 4.0% during the third quarter. NewEdge Wealth LLC now owns 26,100 shares of the financial services provider’s stock valued at $300,000 after buying an additional 1,000 shares during the period. Finally, Mutual Advisors LLC increased its position in shares of Kayne Anderson Energy Infrastructure Fund by 2.1% during the fourth quarter. Mutual Advisors LLC now owns 48,516 shares of the financial services provider’s stock valued at $601,000 after buying an additional 1,011 shares during the period.

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.