Kayne Anderson Energy Infrastructure Fund (NYSE:KYN) President James Baker Acquires 25,000 Shares of Company Stock

Kayne Anderson Energy Infrastructure Fund, Inc. (NYSE:KYN) President James Baker bought 25,000 shares of the business’s stock in a transaction that occurred on Thursday, November 5th. The shares were acquired at an average cost of $13.24 per share, for a total transaction of $331,000.00. Following the completion of the purchase, the president owned 1,028,019 shares in the company, valued at $13,610,971.56. This trade represents a 2.49% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the SEC, which is available at this hyperlink.

Kayne Anderson Energy Infrastructure Fund Trading Up 0.5%

Kayne Anderson Energy Infrastructure Fund stock opened at $13.20 on Friday. Kayne Anderson Energy Infrastructure Fund, Inc. has a 52-week low of $11.44 and a 52-week high of $15.17. The company’s 50 day moving average is $14.29 and its two-hundred day moving average is $14.05.

Kayne Anderson Energy Infrastructure Fund Announces Dividend

The company also recently announced a monthly dividend, which will be paid on Monday, November 30th. Investors of record on Monday, November 16th will be issued a $0.0950 dividend. The ex-dividend date of this dividend is Monday, November 16th. This represents a $1.14 annualized dividend and a yield of 8.6%.

Institutional Trading of Kayne Anderson Energy Infrastructure Fund

Hedge funds and other institutional investors have recently made changes to their positions in the company. Bank of America Corp DE acquired a new position in Kayne Anderson Energy Infrastructure Fund during the 2nd quarter worth approximately $62,027,000. Bard Associates Inc. acquired a new position in shares of Kayne Anderson Energy Infrastructure Fund during the 2nd quarter worth about $8,637,000. Commerce Bank acquired a new stake in shares of Kayne Anderson Energy Infrastructure Fund in the second quarter valued at about $5,691,000. Beverly Hills Private Wealth LLC acquired a new position in shares of Kayne Anderson Energy Infrastructure Fund in the second quarter valued at approximately $2,639,000. Finally, Bridgewater Advisors Inc. bought a new position in Kayne Anderson Energy Infrastructure Fund in the second quarter valued at about $2,555,000.

Kayne Anderson Energy Infrastructure Fund Company Profile

Kayne Anderson Energy Infrastructure Fund (NYSE: KYN) is a publicly traded closed-end investment company focused on the energy infrastructure sector. The fund invests primarily in companies that own or operate infrastructure used to gather, process, transport, store and distribute energy, including master limited partnerships (MLPs) and publicly traded corporations.

KYN’s portfolio may include midstream energy businesses involved in oil, natural gas and natural gas liquids, as well as companies participating in related infrastructure and energy-transition activities.