Kayne Anderson Energy Infrastructure Fund (NYSE:KYN) CFO Buys $35,800.00 in Stock

Kayne Anderson Energy Infrastructure Fund, Inc. (NYSE:KYN) CFO Austin Colby Parker bought 2,500 shares of the business’s stock in a transaction on Wednesday, March 25th. The stock was purchased at an average price of $14.32 per share, for a total transaction of $35,800.00. Following the completion of the acquisition, the chief financial officer owned 12,011 shares of the company’s stock, valued at approximately $171,997.52. This trade represents a 26.29% increase in their position. The acquisition was disclosed in a document filed with the SEC, which is available through this hyperlink.

Kayne Anderson Energy Infrastructure Fund Price Performance

Shares of KYN stock opened at $14.34 on Friday. Kayne Anderson Energy Infrastructure Fund, Inc. has a 12-month low of $9.82 and a 12-month high of $14.49. The firm has a fifty day moving average of $13.64 and a 200-day moving average of $12.59.

Kayne Anderson Energy Infrastructure Fund Announces Dividend

The firm also recently announced a monthly dividend, which will be paid on Tuesday, March 31st. Shareholders of record on Friday, March 13th will be paid a $0.085 dividend. This represents a c) dividend on an annualized basis and a yield of 7.1%. The ex-dividend date of this dividend is Friday, March 13th.

Institutional Investors Weigh In On Kayne Anderson Energy Infrastructure Fund

A number of hedge funds have recently modified their holdings of KYN. JPMorgan Chase & Co. raised its stake in shares of Kayne Anderson Energy Infrastructure Fund by 114,616.7% in the 2nd quarter. JPMorgan Chase & Co. now owns 6,883 shares of the financial services provider’s stock valued at $88,000 after purchasing an additional 6,877 shares during the period. Journey Strategic Wealth LLC bought a new position in shares of Kayne Anderson Energy Infrastructure Fund during the second quarter worth about $265,000. FourThought Financial Partners LLC raised its position in Kayne Anderson Energy Infrastructure Fund by 7.7% in the 2nd quarter. FourThought Financial Partners LLC now owns 197,826 shares of the financial services provider’s stock valued at $2,516,000 after buying an additional 14,087 shares during the last quarter. WealthTrust Axiom LLC bought a new stake in Kayne Anderson Energy Infrastructure Fund in the 2nd quarter valued at approximately $178,000. Finally, Lido Advisors LLC boosted its position in Kayne Anderson Energy Infrastructure Fund by 1.5% during the 2nd quarter. Lido Advisors LLC now owns 345,466 shares of the financial services provider’s stock worth $4,394,000 after acquiring an additional 4,972 shares during the last quarter.

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.