Wolverine Asset Management LLC Sells 90,932 Shares of Kayne Anderson Energy Infrastructure Fund, Inc. (NYSE:KYN)

Wolverine Asset Management LLC cut its stake in Kayne Anderson Energy Infrastructure Fund, Inc. (NYSE:KYN) by 19.6% in the fourth quarter, Holdings Channel reports. The institutional investor owned 371,841 shares of the financial services provider’s stock after selling 90,932 shares during the period. Wolverine Asset Management LLC’s holdings in Kayne Anderson Energy Infrastructure Fund were worth $3,265,000 at the end of the most recent quarter.

A number of other institutional investors also recently bought and sold shares of the stock. Raymond James & Associates lifted its position in shares of Kayne Anderson Energy Infrastructure Fund by 6.3% during the third quarter. Raymond James & Associates now owns 959,511 shares of the financial services provider’s stock worth $8,069,000 after purchasing an additional 56,469 shares during the last quarter. Arete Wealth Advisors LLC lifted its position in shares of Kayne Anderson Energy Infrastructure Fund by 14.3% during the third quarter. Arete Wealth Advisors LLC now owns 18,709 shares of the financial services provider’s stock worth $157,000 after purchasing an additional 2,342 shares during the last quarter. TSP Capital Management Group LLC lifted its position in shares of Kayne Anderson Energy Infrastructure Fund by 0.5% during the third quarter. TSP Capital Management Group LLC now owns 275,775 shares of the financial services provider’s stock worth $2,319,000 after purchasing an additional 1,450 shares during the last quarter. Kestra Private Wealth Services LLC lifted its position in shares of Kayne Anderson Energy Infrastructure Fund by 14.8% during the third quarter. Kestra Private Wealth Services LLC now owns 89,179 shares of the financial services provider’s stock worth $750,000 after purchasing an additional 11,497 shares during the last quarter. Finally, J.P. Morgan Private Wealth Advisors LLC lifted its position in shares of Kayne Anderson Energy Infrastructure Fund by 1.6% during the third quarter. J.P. Morgan Private Wealth Advisors LLC now owns 82,373 shares of the financial services provider’s stock worth $693,000 after purchasing an additional 1,258 shares during the last quarter.

Kayne Anderson Energy Infrastructure Fund Stock Down 0.3 %

Shares of NYSE:KYN traded down $0.03 on Wednesday, hitting $9.72. 211,458 shares of the company’s stock were exchanged, compared to its average volume of 530,664. Kayne Anderson Energy Infrastructure Fund, Inc. has a 12 month low of $7.84 and a 12 month high of $10.15. The business’s 50 day simple moving average is $9.48 and its two-hundred day simple moving average is $8.84.

Kayne Anderson Energy Infrastructure Fund Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Friday, April 12th. Shareholders of record on Friday, April 5th were paid a $0.22 dividend. The ex-dividend date was Thursday, April 4th. This represents a $0.88 annualized dividend and a yield of 9.05%.

Kayne Anderson Energy Infrastructure Fund Company Profile

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.