Thomas J. Herzfeld Advisors Inc. increased its position in shares of Kayne Anderson Energy Infrastructure Fund, Inc. (NYSE:KYN – Free Report) by 30.8% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 321,240 shares of the financial services provider’s stock after purchasing an additional 75,683 shares during the period. Kayne Anderson Energy Infrastructure Fund accounts for about 1.3% of Thomas J. Herzfeld Advisors Inc.’s investment portfolio, making the stock its 23rd largest holding. Thomas J. Herzfeld Advisors Inc.’s holdings in Kayne Anderson Energy Infrastructure Fund were worth $4,083,000 at the end of the most recent reporting period.
Several other large investors have also bought and sold shares of the company. FSA Wealth Management LLC acquired a new position in Kayne Anderson Energy Infrastructure Fund during the third quarter valued at $33,000. Means Investment CO. Inc. acquired a new position in shares of Kayne Anderson Energy Infrastructure Fund during the 4th quarter worth about $127,000. Mengis Capital Management Inc. acquired a new stake in shares of Kayne Anderson Energy Infrastructure Fund in the fourth quarter worth $128,000. Powell Investment Advisors LLC acquired a new position in shares of Kayne Anderson Energy Infrastructure Fund during the fourth quarter valued at about $136,000. Finally, Glenmede Trust Co. NA bought a new stake in shares of Kayne Anderson Energy Infrastructure Fund in the 3rd quarter worth approximately $146,000.
Insider Buying and Selling at Kayne Anderson Energy Infrastructure Fund
In related news, President James C. Baker acquired 20,000 shares of the company’s stock in a transaction that occurred on Friday, February 28th. The stock was purchased at an average price of $12.60 per share, for a total transaction of $252,000.00. Following the transaction, the president now directly owns 700,939 shares of the company’s stock, valued at approximately $8,831,831.40. This trade represents a 2.94 % increase in their position. The acquisition was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, EVP Harrison James Little acquired 5,000 shares of Kayne Anderson Energy Infrastructure Fund stock in a transaction on Friday, January 17th. The shares were purchased at an average cost of $13.04 per share, for a total transaction of $65,200.00. Following the acquisition, the executive vice president now owns 5,000 shares in the company, valued at approximately $65,200. This represents a ∞ increase in their position. The disclosure for this purchase can be found here. In the last quarter, insiders acquired 45,000 shares of company stock worth $562,600.
Kayne Anderson Energy Infrastructure Fund Trading Down 0.5 %
Kayne Anderson Energy Infrastructure Fund Announces Dividend
The firm also recently announced a monthly dividend, which was paid on Monday, March 31st. Stockholders of record on Friday, March 14th were issued a $0.08 dividend. This represents a $0.96 annualized dividend and a dividend yield of 7.47%. The ex-dividend date was Friday, March 14th.
About Kayne Anderson Energy Infrastructure Fund
Kayne Anderson MLP Investment Company is a closed ended equity mutual fund launched and managed by KA Fund Advisors, LLC. It is co-managed by Kayne Anderson Capital Advisors, L.P. The fund invests in the public equity markets of the United States. It invests in stocks of companies operating in the energy sector.
Featured Stories
- Five stocks we like better than Kayne Anderson Energy Infrastructure Fund
- What Investors Must Know About Over-the-Counter (OTC) Stocks
- 3 Buyable Stocks With Solid Bottoms Ready to Rebound
- Insider Selling Explained: Can it Inform Your Investing Choices?
- Advantage+ Shopping: Meta’s Fast Growing $20 Billion AI-Ads Star
- Manufacturing Stocks Investing
- Robotaxi News: What Tesla and Lyft Headlines Mean for Shares
Receive News & Ratings for Kayne Anderson Energy Infrastructure Fund Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Kayne Anderson Energy Infrastructure Fund and related companies with MarketBeat.com's FREE daily email newsletter.