48,038 Shares in Kayne Anderson Energy Infrastructure Fund, Inc. $KYN Purchased by Manhattan West Asset Management LLC

Manhattan West Asset Management LLC purchased a new stake in Kayne Anderson Energy Infrastructure Fund, Inc. (NYSE:KYN) during the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund purchased 48,038 shares of the financial services provider’s stock, valued at approximately $664,000.

Other large investors have also recently added to or reduced their stakes in the company. Allworth Financial LP boosted its holdings in shares of Kayne Anderson Energy Infrastructure Fund by 5,166.7% in the 4th quarter. Allworth Financial LP now owns 3,160 shares of the financial services provider’s stock worth $39,000 after acquiring an additional 3,100 shares in the last quarter. International Assets Investment Management LLC acquired a new stake in Kayne Anderson Energy Infrastructure Fund during the 4th quarter valued at $61,000. JPMorgan Chase & Co. raised its position in 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 last quarter. BlackRock Inc. bought a new position in Kayne Anderson Energy Infrastructure Fund in the 2nd quarter valued at $98,000. Finally, Brown Advisory Inc. acquired a new position in Kayne Anderson Energy Infrastructure Fund in the second quarter worth $105,000.

Insider Buying and Selling at Kayne Anderson Energy Infrastructure Fund

In related news, Director Michael J. Hennigan acquired 15,000 shares of the stock in a transaction on Wednesday, June 24th. The stock was purchased at an average price of $13.57 per share, for a total transaction of $203,550.00. Following the transaction, the director owned 20,000 shares of the company’s stock, valued at $271,400. The trade was a 300.00% increase in their position. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Carita Walker bought 3,400 shares of the company’s stock in a transaction on Thursday, August 20th. The stock was bought at an average cost of $14.70 per share, with a total value of $49,980.00. Following the completion of the purchase, the director owned 3,400 shares of the company’s stock, valued at approximately $49,980. The trade was a ∞ increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. In the last 90 days, insiders purchased 27,021 shares of company stock worth $371,536.

Kayne Anderson Energy Infrastructure Fund Stock Performance

Shares of NYSE:KYN opened at $14.59 on Friday. Kayne Anderson Energy Infrastructure Fund, Inc. has a twelve month low of $11.31 and a twelve month high of $15.17. The business has a fifty day moving average of $14.25 and a 200-day moving average of $14.01.

Kayne Anderson Energy Infrastructure Fund Dividend Announcement

The business also recently disclosed a monthly dividend, which will be paid on Monday, August 31st. Shareholders of record on Friday, August 14th will be issued a dividend of $0.09 per share. The ex-dividend date of this dividend is Friday, August 14th. This represents a c) dividend on an annualized basis and a yield of 7.4%.

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.