Kayne Anderson Energy Infrastructure Fund, Inc. (NYSE:KYN) Shares Sold by Stratos Wealth Advisors LLC

Stratos Wealth Advisors LLC lowered its holdings in Kayne Anderson Energy Infrastructure Fund, Inc. (NYSE:KYN) by 58.9% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 85,775 shares of the financial services provider’s stock after selling 123,171 shares during the period. Stratos Wealth Advisors LLC’s holdings in Kayne Anderson Energy Infrastructure Fund were worth $944,000 at the end of the most recent reporting period.

Several other hedge funds also recently made changes to their positions in KYN. International Assets Investment Management LLC acquired a new position in shares of Kayne Anderson Energy Infrastructure Fund in the 2nd quarter worth approximately $46,000. Eagle Bay Advisors LLC grew its stake in shares of Kayne Anderson Energy Infrastructure Fund by 74.4% in the 1st quarter. Eagle Bay Advisors LLC now owns 7,296 shares of the financial services provider’s stock worth $73,000 after purchasing an additional 3,112 shares during the last quarter. Nomura Holdings Inc. acquired a new position in shares of Kayne Anderson Energy Infrastructure Fund in the 4th quarter worth approximately $97,000. Bank of New York Mellon Corp purchased a new position in shares of Kayne Anderson Energy Infrastructure Fund in the second quarter worth approximately $103,000. Finally, Rockwood Wealth Management LLC acquired a new stake in shares of Kayne Anderson Energy Infrastructure Fund during the second quarter valued at approximately $122,000.

Kayne Anderson Energy Infrastructure Fund Stock Performance

KYN stock opened at $11.80 on Monday. Kayne Anderson Energy Infrastructure Fund, Inc. has a 52-week low of $7.87 and a 52-week high of $11.90. The company’s 50 day simple moving average is $11.03 and its 200-day simple moving average is $10.39.

Kayne Anderson Energy Infrastructure Fund Dividend Announcement

The company also recently declared a monthly dividend, which will be paid on Friday, November 29th. Stockholders of record on Friday, November 15th will be issued a dividend of $0.08 per share. The ex-dividend date is Friday, November 15th. This represents a $0.96 dividend on an annualized basis and a dividend yield of 8.14%.

Insider Activity

In other news, major shareholder Metlife Investment Management, purchased 280,000 shares of the business’s stock in a transaction dated Wednesday, September 18th. The shares were acquired at an average price of $25.00 per share, for a total transaction of $7,000,000.00. Following the completion of the acquisition, the insider now directly owns 280,000 shares of the company’s stock, valued at $7,000,000. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link.

Kayne Anderson Energy Infrastructure Fund Company Profile

Kayne Anderson MLP Investment Company is a closed ended equity mutual fund launched and managed by KA Fund Advisors, LLC. It is co-managed by Kayne Anderson Capital Advisors, L.P. The fund invests in the public equity markets of the United States. It invests in stocks of companies operating in the energy sector.