Kayne Anderson Energy Infrastructure Fund, Inc. $KYN Shares Bought by Bard Associates Inc.

Bard Associates Inc. boosted its stake in shares of Kayne Anderson Energy Infrastructure Fund, Inc. (NYSE:KYN) by 49.5% in the fourth quarter, HoldingsChannel.com reports. The fund owned 587,428 shares of the financial services provider’s stock after purchasing an additional 194,423 shares during the period. Kayne Anderson Energy Infrastructure Fund makes up about 1.9% of Bard Associates Inc.’s investment portfolio, making the stock its 13th biggest position. Bard Associates Inc.’s holdings in Kayne Anderson Energy Infrastructure Fund were worth $7,272,000 at the end of the most recent reporting period.

A number of other large investors also recently added to or reduced their stakes in KYN. Brown Advisory Inc. acquired a new position in Kayne Anderson Energy Infrastructure Fund during the fourth quarter worth $33,366,000. City of London Investment Management Co. Ltd. grew its holdings 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 buying an additional 1,379,614 shares in the last quarter. Bank of America Corp DE grew its holdings in shares of Kayne Anderson Energy Infrastructure Fund by 5.8% during the second quarter. Bank of America Corp DE now owns 4,667,222 shares of the financial services provider’s stock worth $59,367,000 after buying an additional 256,721 shares in the last quarter. Closed End Fund Advisors Inc. purchased a new stake in shares of Kayne Anderson Energy Infrastructure Fund during the fourth quarter worth $3,106,000. Finally, Wells Fargo & Company MN grew its holdings in shares of Kayne Anderson Energy Infrastructure Fund by 7.3% during the fourth quarter. Wells Fargo & Company MN now owns 2,985,262 shares of the financial services provider’s stock worth $36,958,000 after buying an additional 203,027 shares in the last quarter.

Insider Buying and Selling at Kayne Anderson Energy Infrastructure Fund

In other Kayne Anderson Energy Infrastructure Fund news, EVP Harrison James Little bought 5,000 shares of the company’s stock in a transaction dated Friday, April 17th. The stock was acquired at an average price of $13.19 per share, with a total value of $65,950.00. Following the completion of the acquisition, the executive vice president directly owned 20,662 shares of the company’s stock, valued at $272,531.78. This represents a 31.92% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Holli C. Ladhani bought 3,621 shares of the company’s stock in a transaction dated Tuesday, June 2nd. The shares were acquired at an average cost of $13.81 per share, with a total value of $50,006.01. Following the acquisition, the director directly owned 7,221 shares of the company’s stock, valued at approximately $99,722.01. This represents a 100.58% increase in their ownership of the stock. The SEC filing for this purchase provides additional information. Insiders acquired 93,621 shares of company stock worth $1,288,081 over the last three months.

Kayne Anderson Energy Infrastructure Fund Stock Up 0.8%

Kayne Anderson Energy Infrastructure Fund stock opened at $14.02 on Friday. Kayne Anderson Energy Infrastructure Fund, Inc. has a 52-week low of $11.31 and a 52-week high of $14.69. The company has a fifty day simple moving average of $13.89 and a 200-day simple moving average of $13.33.

Kayne Anderson Energy Infrastructure Fund Dividend Announcement

The firm also recently announced a monthly dividend, which will be paid on Tuesday, June 30th. Stockholders of record on Monday, June 15th will be issued a dividend of $0.085 per share. The ex-dividend date of this dividend is Monday, June 15th. This represents a c) dividend on an annualized basis and a dividend yield of 7.3%.

Kayne Anderson Energy Infrastructure Fund 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.