Manhattan West Asset Management LLC Takes $701,000 Position in Kayne Anderson Energy Infrastructure Fund, Inc. $KYN

Manhattan West Asset Management LLC bought a new stake in shares of Kayne Anderson Energy Infrastructure Fund, Inc. (NYSE:KYN) during the 3rd quarter, Holdings Channel.com reports. The firm bought 56,702 shares of the financial services provider’s stock, valued at approximately $701,000.

A number of other institutional investors have also recently added to or reduced their stakes in the business. Bank of America Corp DE increased its holdings in Kayne Anderson Energy Infrastructure Fund by 5.8% in the 2nd quarter. Bank of America Corp DE now owns 4,667,222 shares of the financial services provider’s stock valued at $59,367,000 after purchasing an additional 256,721 shares in the last quarter. City of London Investment Management Co. Ltd. lifted its stake in shares of Kayne Anderson Energy Infrastructure Fund by 402.0% during the third quarter. City of London Investment Management Co. Ltd. now owns 1,722,769 shares of the financial services provider’s stock worth $21,311,000 after purchasing an additional 1,379,614 shares in the last quarter. Pathstone Holdings LLC boosted its position in shares of Kayne Anderson Energy Infrastructure Fund by 4.5% in the third quarter. Pathstone Holdings LLC now owns 1,414,464 shares of the financial services provider’s stock worth $17,497,000 after buying an additional 60,529 shares during the period. Cadent Capital Advisors LLC boosted its position in shares of Kayne Anderson Energy Infrastructure Fund by 3.7% in the third quarter. Cadent Capital Advisors LLC now owns 649,764 shares of the financial services provider’s stock worth $8,038,000 after buying an additional 23,013 shares during the period. Finally, Polar Asset Management Partners Inc. grew its stake in shares of Kayne Anderson Energy Infrastructure Fund by 1.2% in the third quarter. Polar Asset Management Partners Inc. now owns 395,339 shares of the financial services provider’s stock valued at $4,890,000 after buying an additional 4,527 shares in the last quarter.

Insider Transactions at Kayne Anderson Energy Infrastructure Fund

In other news, Director Holli C. Ladhani acquired 3,600 shares of the company’s stock in a transaction dated Monday, February 23rd. The shares were bought 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 directly owned 3,600 shares of the company’s stock, valued at approximately $50,004. This trade represents a ∞ increase in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website.

Kayne Anderson Energy Infrastructure Fund Trading Down 0.0%

Shares of NYSE:KYN opened at $14.07 on Wednesday. Kayne Anderson Energy Infrastructure Fund, Inc. has a one year low of $9.82 and a one year high of $14.49. The business’s 50-day simple moving average is $13.36 and its 200 day simple moving average is $12.50.

Kayne Anderson Energy Infrastructure Fund Announces Dividend

The company also recently disclosed a monthly dividend, which will be paid on Tuesday, March 31st. Shareholders of record on Friday, March 13th will be given a $0.085 dividend. The ex-dividend date of this dividend is Friday, March 13th. This represents a c) annualized dividend and a yield of 7.3%.

Kayne Anderson Energy Infrastructure Fund Company Profile

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.