Kayne Anderson Energy Infrastructure Fund (NYSE:KYN) EVP Harrison James Little Purchases 3,900 Shares of Company Stock

Kayne Anderson Energy Infrastructure Fund, Inc. (NYSE:KYN) EVP Harrison Little acquired 3,900 shares of the firm’s stock in a transaction dated Thursday, November 5th. The stock was bought at an average cost of $13.21 per share, for a total transaction of $51,519.00. Following the purchase, the executive vice president directly owned 25,453 shares of the company’s stock, valued at approximately $336,234.13. This trade represents a 18.09% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink.

Kayne Anderson Energy Infrastructure Fund Stock Up 0.5%

Shares of KYN stock traded up $0.06 during trading hours on Friday, reaching $13.20. 454,761 shares of the company traded hands, compared to its average volume of 394,857. The firm has a 50-day moving average price of $14.29 and a 200 day moving average price of $14.05. Kayne Anderson Energy Infrastructure Fund, Inc. has a 12-month low of $11.44 and a 12-month high of $15.17.

Kayne Anderson Energy Infrastructure Fund Announces Dividend

The company also recently declared a monthly dividend, which will be paid on Monday, November 30th. Shareholders of record on Monday, November 16th will be issued a dividend of $0.0950 per share. 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

A number of hedge funds and other institutional investors have recently modified their holdings of the company. BlackRock Inc. bought a new stake in shares of Kayne Anderson Energy Infrastructure Fund during the 2nd quarter valued at $98,000. Integrated Wealth Concepts LLC bought a new position in Kayne Anderson Energy Infrastructure Fund in the 2nd quarter worth $132,000. Ausdal Financial Partners Inc. purchased a new stake in Kayne Anderson Energy Infrastructure Fund in the 2nd quarter worth $144,000. Axxcess Wealth Management LLC increased its stake in Kayne Anderson Energy Infrastructure Fund by 7.6% in the 3rd quarter. Axxcess Wealth Management LLC now owns 10,995 shares of the financial services provider’s stock worth $150,000 after buying an additional 775 shares in the last quarter. Finally, Fortis Capital Management LLC raised its holdings in Kayne Anderson Energy Infrastructure Fund by 14.0% during the first quarter. Fortis Capital Management LLC now owns 11,427 shares of the financial services provider’s stock valued at $163,000 after acquiring an additional 1,400 shares during the period.

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.