Austin Colby Parker Acquires 2,500 Shares of Kayne Anderson Energy Infrastructure Fund (NYSE:KYN) Stock

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

Kayne Anderson Energy Infrastructure Fund Price Performance

Shares of KYN traded down $0.02 during midday trading on Wednesday, reaching $14.21. The stock had a trading volume of 197,548 shares, compared to its average volume of 441,857. The company’s fifty day simple moving average is $13.53 and its two-hundred day simple moving average is $12.56. Kayne Anderson Energy Infrastructure Fund, Inc. has a 1-year low of $9.82 and a 1-year high of $14.49.

Kayne Anderson Energy Infrastructure Fund Announces Dividend

The firm also recently announced a monthly dividend, which will be paid on Tuesday, March 31st. Investors of record on Friday, March 13th will be issued a $0.085 dividend. This represents a c) annualized dividend and a yield of 7.2%. The ex-dividend date of this dividend is Friday, March 13th.

Institutional Trading of Kayne Anderson Energy Infrastructure Fund

Institutional investors have recently bought and sold shares of the business. Johnson Investment Counsel Inc. boosted its position in shares of Kayne Anderson Energy Infrastructure Fund by 2.0% during the 4th quarter. Johnson Investment Counsel Inc. now owns 42,491 shares of the financial services provider’s stock worth $526,000 after acquiring an additional 821 shares in the last quarter. Secure Asset Management LLC raised its position in shares of Kayne Anderson Energy Infrastructure Fund by 0.9% during the 4th quarter. Secure Asset Management LLC now owns 90,275 shares of the financial services provider’s stock worth $1,118,000 after acquiring an additional 827 shares in the last quarter. NewEdge Wealth LLC lifted its stake in Kayne Anderson Energy Infrastructure Fund by 4.0% during the third quarter. NewEdge Wealth LLC now owns 26,100 shares of the financial services provider’s stock worth $300,000 after purchasing an additional 1,000 shares during the last quarter. Mutual Advisors LLC boosted its holdings in Kayne Anderson Energy Infrastructure Fund by 2.1% in the fourth quarter. Mutual Advisors LLC now owns 48,516 shares of the financial services provider’s stock valued at $601,000 after purchasing an additional 1,011 shares in the last quarter. Finally, Prospera Financial Services Inc boosted its holdings in Kayne Anderson Energy Infrastructure Fund by 0.6% in the third quarter. Prospera Financial Services Inc now owns 176,384 shares of the financial services provider’s stock valued at $2,182,000 after purchasing an additional 1,109 shares in 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.