Cura Wealth Advisors LLC Buys New Position in Kayne Anderson Energy Infrastructure Fund, Inc. $KYN

Cura Wealth Advisors LLC purchased a new position in shares of Kayne Anderson Energy Infrastructure Fund, Inc. (NYSE:KYN) during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund purchased 79,012 shares of the financial services provider’s stock, valued at approximately $1,093,000.

A number of other institutional investors and hedge funds have also recently bought and sold shares of KYN. JPMorgan Chase & Co. raised its stake in shares of Kayne Anderson Energy Infrastructure Fund by 114,616.7% during the second quarter. JPMorgan Chase & Co. now owns 6,883 shares of the financial services provider’s stock valued at $88,000 after purchasing an additional 6,877 shares during the period. First Trust Advisors LP boosted its stake in shares of Kayne Anderson Energy Infrastructure Fund by 3.7% in the second quarter. First Trust Advisors LP now owns 94,074 shares of the financial services provider’s stock valued at $1,197,000 after purchasing an additional 3,384 shares during the period. Baird Financial Group Inc. boosted its stake in shares of Kayne Anderson Energy Infrastructure Fund by 13.5% in the second quarter. Baird Financial Group Inc. now owns 46,014 shares of the financial services provider’s stock valued at $585,000 after purchasing an additional 5,463 shares during the period. Brown Advisory Inc. acquired a new stake in Kayne Anderson Energy Infrastructure Fund during the 2nd quarter valued at $105,000. Finally, Cresset Asset Management LLC purchased a new stake in Kayne Anderson Energy Infrastructure Fund during the 2nd quarter worth $164,000.

Insider Activity

In other Kayne Anderson Energy Infrastructure Fund news, Director Michael J. Hennigan purchased 15,000 shares of Kayne Anderson Energy Infrastructure Fund stock in a transaction that occurred on Wednesday, June 24th. The stock was purchased at an average price of $13.57 per share, with a total value of $203,550.00. Following the completion of the acquisition, 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 purchase was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, Director Holli C. Ladhani acquired 3,621 shares of the stock in a transaction on Tuesday, June 2nd. The shares were acquired at an average price of $13.81 per share, with a total value of $50,006.01. Following the purchase, the director owned 7,221 shares in the company, valued at $99,722.01. This represents a 100.58% increase in their ownership of the stock. The disclosure for this purchase is available in the SEC filing. Insiders have bought 23,621 shares of company stock valued at $321,556 over the last 90 days.

Kayne Anderson Energy Infrastructure Fund Stock Down 0.0%

Kayne Anderson Energy Infrastructure Fund stock opened at $14.81 on Monday. Kayne Anderson Energy Infrastructure Fund, Inc. has a 12-month low of $11.31 and a 12-month high of $15.17. The firm’s fifty day moving average price is $14.18 and its 200 day moving average price is $13.96.

Kayne Anderson Energy Infrastructure Fund Dividend Announcement

The firm also recently announced a monthly dividend, which will be paid on Monday, August 31st. Stockholders of record on Friday, August 14th will be paid a dividend of $0.09 per share. The ex-dividend date is Friday, August 14th. This represents a c) annualized dividend and a dividend yield of 7.3%.

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.