Kayne Anderson Energy Infrastructure Fund, Inc. $KYN Stock Holdings Reduced by Cetera Investment Advisers

Cetera Investment Advisers lowered its position in Kayne Anderson Energy Infrastructure Fund, Inc. (NYSE:KYN) by 9.5% in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 3,883,014 shares of the financial services provider’s stock after selling 408,130 shares during the quarter. Cetera Investment Advisers’ holdings in Kayne Anderson Energy Infrastructure Fund were worth $55,449,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also modified their holdings of the company. Johnson Investment Counsel Inc. raised its stake in shares of Kayne Anderson Energy Infrastructure Fund by 2.0% in the 4th quarter. Johnson Investment Counsel Inc. now owns 42,491 shares of the financial services provider’s stock valued at $526,000 after buying an additional 821 shares in the last quarter. Secure Asset Management LLC grew its holdings in shares of Kayne Anderson Energy Infrastructure Fund by 0.9% in the 4th quarter. Secure Asset Management LLC now owns 90,275 shares of the financial services provider’s stock worth $1,118,000 after purchasing an additional 827 shares during the last quarter. Chicago Partners Investment Group LLC lifted its holdings in Kayne Anderson Energy Infrastructure Fund by 3.4% during the 1st quarter. Chicago Partners Investment Group LLC now owns 28,888 shares of the financial services provider’s stock valued at $389,000 after purchasing an additional 947 shares during the last quarter. Mutual Advisors LLC grew its position in Kayne Anderson Energy Infrastructure Fund by 2.1% during the 4th quarter. Mutual Advisors LLC now owns 48,516 shares of the financial services provider’s stock worth $601,000 after acquiring an additional 1,011 shares during the last quarter. Finally, Kestra Advisory Services LLC grew its holdings in shares of Kayne Anderson Energy Infrastructure Fund by 4.8% during the first quarter. Kestra Advisory Services LLC now owns 23,424 shares of the financial services provider’s stock worth $334,000 after purchasing an additional 1,075 shares during the last quarter.

Insiders Place Their Bets

In related news, CFO Austin Colby Parker bought 2,500 shares of the company’s stock in a transaction dated Wednesday, May 13th. The stock was purchased at an average price of $13.99 per share, with a total value of $34,975.00. Following the completion of the acquisition, the chief financial officer owned 14,623 shares of the company’s stock, valued at $204,575.77. The trade was a 20.62% increase in their ownership of the stock. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Michael J. Hennigan purchased 15,000 shares of the company’s stock in a transaction on Wednesday, June 24th. The stock was acquired at an average cost of $13.57 per share, for a total transaction of $203,550.00. Following the completion of the purchase, the director owned 20,000 shares of the company’s stock, valued at approximately $271,400. This trade represents a 300.00% increase in their position. The SEC filing for this purchase provides additional information. Insiders have purchased 51,121 shares of company stock valued at $695,781 over the last ninety days.

Kayne Anderson Energy Infrastructure Fund Stock Down 0.2%

Shares of NYSE KYN opened at $14.94 on Friday. Kayne Anderson Energy Infrastructure Fund, Inc. has a 1-year low of $11.31 and a 1-year high of $15.17. The company has a 50-day moving average of $14.06 and a two-hundred day moving average of $13.73.

Kayne Anderson Energy Infrastructure Fund Increases Dividend

The company also recently declared a monthly dividend, which will be paid on Friday, July 31st. Investors of record on Wednesday, July 15th will be given a $0.09 dividend. The ex-dividend date is Wednesday, July 15th. This represents a c) dividend on an annualized basis and a dividend yield of 7.2%. This is a positive change from Kayne Anderson Energy Infrastructure Fund’s previous monthly dividend of $0.09.

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.