Kayne Anderson Energy Infrastructure Fund (NYSE:KYN) Director Carita Walker Buys 3,400 Shares

Kayne Anderson Energy Infrastructure Fund, Inc. (NYSE:KYN) Director Carita Walker bought 3,400 shares of the firm’s stock in a transaction that occurred on Thursday, August 20th. The stock was purchased at an average cost of $14.70 per share, for a total transaction of $49,980.00. Following the completion of the purchase, the director owned 3,400 shares of the company’s stock, valued at $49,980. This trade represents a ∞ increase in their ownership of the stock. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website.

Kayne Anderson Energy Infrastructure Fund Trading Down 0.3%

NYSE:KYN opened at $14.59 on Friday. The company has a fifty day moving average of $14.25 and a 200 day moving average of $14.01. Kayne Anderson Energy Infrastructure Fund, Inc. has a 52 week low of $11.31 and a 52 week high of $15.17.

Kayne Anderson Energy Infrastructure Fund Announces Dividend

The company also recently announced a monthly dividend, which will be paid on Monday, August 31st. Stockholders of record on Friday, August 14th will be issued a dividend of $0.09 per share. This represents a c) dividend on an annualized basis and a dividend yield of 7.4%. The ex-dividend date is Friday, August 14th.

Institutional Investors Weigh In On Kayne Anderson Energy Infrastructure Fund

Several institutional investors and hedge funds have recently bought and sold shares of KYN. Indivisible Partners bought a new position in Kayne Anderson Energy Infrastructure Fund in the 4th quarter worth $816,000. Beverly Hills Private Wealth LLC bought a new stake in shares of Kayne Anderson Energy Infrastructure Fund during the 2nd quarter valued at about $2,639,000. Cura Wealth Advisors LLC bought a new stake in shares of Kayne Anderson Energy Infrastructure Fund during the 2nd quarter valued at about $1,093,000. Closed End Fund Advisors Inc. purchased a new position in shares of Kayne Anderson Energy Infrastructure Fund during the fourth quarter valued at about $3,106,000. Finally, Bard Associates Inc. increased its position in shares of Kayne Anderson Energy Infrastructure Fund by 49.5% during the fourth quarter. Bard Associates Inc. now owns 587,428 shares of the financial services provider’s stock valued at $7,272,000 after buying an additional 194,423 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.