ORG Wealth Partners LLC Has $2.32 Million Stake in Kayne Anderson Energy Infrastructure Fund, Inc. $KYN

ORG Wealth Partners LLC grew its stake in shares of Kayne Anderson Energy Infrastructure Fund, Inc. (NYSE:KYN) by 38.1% in the third quarter, according to its most recent filing with the SEC. The institutional investor owned 187,911 shares of the financial services provider’s stock after purchasing an additional 51,880 shares during the period. Kayne Anderson Energy Infrastructure Fund comprises approximately 0.6% of ORG Wealth Partners LLC’s portfolio, making the stock its 25th biggest position. ORG Wealth Partners LLC’s holdings in Kayne Anderson Energy Infrastructure Fund were worth $2,324,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently modified their holdings of KYN. D.A. Davidson & CO. boosted its position in shares of Kayne Anderson Energy Infrastructure Fund by 3.5% during the second quarter. D.A. Davidson & CO. now owns 25,623 shares of the financial services provider’s stock valued at $326,000 after buying an additional 875 shares during the last quarter. Good Life Advisors LLC lifted its stake in Kayne Anderson Energy Infrastructure Fund by 2.4% during the 2nd quarter. Good Life Advisors LLC now owns 56,608 shares of the financial services provider’s stock valued at $720,000 after acquiring an additional 1,348 shares in the last quarter. Independent Wealth Network Inc. lifted its stake in Kayne Anderson Energy Infrastructure Fund by 1.5% during the 3rd quarter. Independent Wealth Network Inc. now owns 104,917 shares of the financial services provider’s stock valued at $1,298,000 after acquiring an additional 1,527 shares in the last quarter. McGowan Group Asset Management Inc. boosted its holdings in Kayne Anderson Energy Infrastructure Fund by 0.5% during the 2nd quarter. McGowan Group Asset Management Inc. now owns 306,581 shares of the financial services provider’s stock worth $3,900,000 after acquiring an additional 1,676 shares during the last quarter. Finally, DAVENPORT & Co LLC grew its stake in shares of Kayne Anderson Energy Infrastructure Fund by 14.5% in the 2nd quarter. DAVENPORT & Co LLC now owns 14,310 shares of the financial services provider’s stock worth $182,000 after acquiring an additional 1,811 shares in the last quarter.

Kayne Anderson Energy Infrastructure Fund Trading Up 0.3%

Shares of KYN stock opened at $12.31 on Friday. The firm has a 50-day moving average of $12.01 and a 200-day moving average of $12.15. Kayne Anderson Energy Infrastructure Fund, Inc. has a one year low of $9.82 and a one year high of $13.65.

Kayne Anderson Energy Infrastructure Fund Increases Dividend

The company also recently disclosed a monthly dividend, which will be paid on Friday, January 30th. Shareholders of record on Thursday, January 15th will be paid a $0.085 dividend. This is a positive change from Kayne Anderson Energy Infrastructure Fund’s previous monthly dividend of $0.08. The ex-dividend date is Thursday, January 15th. This represents a c) annualized dividend and a yield of 8.3%.

Insider Activity at Kayne Anderson Energy Infrastructure Fund

In other Kayne Anderson Energy Infrastructure Fund news, President James C. Baker bought 25,000 shares of the business’s stock in a transaction dated Monday, November 24th. The shares were purchased at an average price of $11.74 per share, for a total transaction of $293,500.00. Following the purchase, the president directly owned 886,040 shares of the company’s stock, valued at approximately $10,402,109.60. This represents a 2.90% increase in their ownership of the stock. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink.

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.