Kayne Anderson Energy Infrastructure Fund, Inc. (NYSE:KYN) President James C. Baker Purchases 20,000 Shares

Kayne Anderson Energy Infrastructure Fund, Inc. (NYSE:KYN) President James C. Baker purchased 20,000 shares of Kayne Anderson Energy Infrastructure Fund stock in a transaction dated Wednesday, March 12th. The stock was bought at an average price of $12.27 per share, with a total value of $245,400.00. Following the acquisition, the president now directly owns 720,939 shares of the company’s stock, valued at approximately $8,845,921.53. This trade represents a 2.85 % increase in their ownership of the stock. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website.

Kayne Anderson Energy Infrastructure Fund Stock Up 1.6 %

KYN opened at $12.48 on Friday. Kayne Anderson Energy Infrastructure Fund, Inc. has a 12 month low of $9.29 and a 12 month high of $13.69. The firm’s fifty day simple moving average is $12.93 and its 200 day simple moving average is $12.31.

Kayne Anderson Energy Infrastructure Fund Dividend Announcement

The company also recently declared a monthly dividend, which will be paid on Monday, March 31st. Stockholders of record on Friday, March 14th will be issued a $0.08 dividend. The ex-dividend date of this dividend is Friday, March 14th. This represents a $0.96 dividend on an annualized basis and a dividend yield of 7.70%.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently modified their holdings of the company. Choreo LLC lifted its stake in Kayne Anderson Energy Infrastructure Fund by 2.8% in the 4th quarter. Choreo LLC now owns 32,266 shares of the financial services provider’s stock valued at $409,000 after acquiring an additional 874 shares in the last quarter. Truist Financial Corp lifted its position in shares of Kayne Anderson Energy Infrastructure Fund by 4.6% in the fourth quarter. Truist Financial Corp now owns 57,207 shares of the financial services provider’s stock worth $727,000 after purchasing an additional 2,533 shares in the last quarter. Walleye Capital LLC boosted its holdings in Kayne Anderson Energy Infrastructure Fund by 24.4% during the third quarter. Walleye Capital LLC now owns 46,134 shares of the financial services provider’s stock worth $507,000 after purchasing an additional 9,061 shares during the last quarter. Larson Financial Group LLC bought a new position in Kayne Anderson Energy Infrastructure Fund in the third quarter valued at $140,000. Finally, HighTower Advisors LLC increased its stake in Kayne Anderson Energy Infrastructure Fund by 31.6% in the 3rd quarter. HighTower Advisors LLC now owns 434,029 shares of the financial services provider’s stock valued at $4,776,000 after buying an additional 104,149 shares during the last quarter.

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.