Kayne Anderson Energy Infrastructure Fund (NYSE:KYN) EVP Buys $51,519.00 in Stock

Kayne Anderson Energy Infrastructure Fund, Inc. (NYSE:KYN) EVP Harrison Little acquired 3,900 shares of the company’s stock in a transaction dated Thursday, November 5th. The shares were acquired at an average cost of $13.21 per share, with a total value of $51,519.00. Following the completion of the purchase, the executive vice president owned 25,453 shares in the company, valued at approximately $336,234.13. This represents a 18.09% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink.

Kayne Anderson Energy Infrastructure Fund Trading Up 0.5%

Shares of Kayne Anderson Energy Infrastructure Fund stock traded up $0.06 during trading on Friday, hitting $13.20. 357,116 shares of the company were exchanged, compared to its average volume of 394,333. Kayne Anderson Energy Infrastructure Fund, Inc. has a fifty-two week low of $11.44 and a fifty-two week high of $15.17. The firm has a 50 day moving average price of $14.32 and a 200 day moving average price of $14.05.

Kayne Anderson Energy Infrastructure Fund Dividend Announcement

The business also recently declared a monthly dividend, which will be paid on Monday, November 30th. Shareholders of record on Monday, November 16th will be given a dividend of $0.0950 per share. The ex-dividend date of this dividend is Monday, November 16th. This represents a $1.14 annualized dividend and a yield of 8.6%.

Institutional Trading of Kayne Anderson Energy Infrastructure Fund

Several institutional investors and hedge funds have recently made changes to their positions in KYN. Bank of America Corp DE acquired a new stake in shares of Kayne Anderson Energy Infrastructure Fund during the second quarter valued at $62,027,000. City of London Investment Management Co. Ltd. increased its position in Kayne Anderson Energy Infrastructure Fund by 1.4% during the 3rd quarter. City of London Investment Management Co. Ltd. now owns 3,635,032 shares of the financial services provider’s stock worth $49,436,000 after purchasing an additional 50,339 shares in the last quarter. Rivernorth Capital Management LLC raised its stake in Kayne Anderson Energy Infrastructure Fund by 0.4% in the 1st quarter. Rivernorth Capital Management LLC now owns 692,896 shares of the financial services provider’s stock valued at $9,895,000 after purchasing an additional 3,096 shares during the last quarter. Bard Associates Inc. acquired a new position in Kayne Anderson Energy Infrastructure Fund in the 2nd quarter valued at about $8,637,000. Finally, Magnus Financial Group LLC raised its stake in Kayne Anderson Energy Infrastructure Fund by 29.2% in the 3rd quarter. Magnus Financial Group LLC now owns 624,702 shares of the financial services provider’s stock valued at $8,496,000 after purchasing an additional 141,196 shares during the last quarter.

Kayne Anderson Energy Infrastructure Fund Company Profile

Kayne Anderson Energy Infrastructure Fund (NYSE: KYN) is a publicly traded closed-end investment company focused on the energy infrastructure sector. The fund invests primarily in companies that own or operate infrastructure used to gather, process, transport, store and distribute energy, including master limited partnerships (MLPs) and publicly traded corporations.

KYN’s portfolio may include midstream energy businesses involved in oil, natural gas and natural gas liquids, as well as companies participating in related infrastructure and energy-transition activities.