Cornerstone Advisory LLC Cuts Position in Kayne Anderson Energy Infrastructure Fund, Inc. (NYSE:KYN)

Cornerstone Advisory LLC trimmed its position in shares of Kayne Anderson Energy Infrastructure Fund, Inc. (NYSE:KYNFree Report) by 2.1% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 167,960 shares of the financial services provider’s stock after selling 3,580 shares during the period. Cornerstone Advisory LLC’s holdings in Kayne Anderson Energy Infrastructure Fund were worth $1,475,000 at the end of the most recent reporting period.

A number of other large investors have also recently made changes to their positions in KYN. Raymond James & Associates increased its stake in Kayne Anderson Energy Infrastructure Fund by 232.8% in the fourth quarter. Raymond James & Associates now owns 3,193,349 shares of the financial services provider’s stock valued at $28,038,000 after purchasing an additional 2,233,838 shares during the last quarter. Kayne Anderson Capital Advisors LP purchased a new position in Kayne Anderson Energy Infrastructure Fund in the fourth quarter valued at approximately $14,172,000. Advisors Asset Management Inc. increased its stake in Kayne Anderson Energy Infrastructure Fund by 31.9% in the third quarter. Advisors Asset Management Inc. now owns 1,424,964 shares of the financial services provider’s stock valued at $11,984,000 after purchasing an additional 344,929 shares during the last quarter. Wells Fargo & Company MN boosted its holdings in shares of Kayne Anderson Energy Infrastructure Fund by 51.8% in the fourth quarter. Wells Fargo & Company MN now owns 1,258,090 shares of the financial services provider’s stock valued at $11,046,000 after acquiring an additional 429,415 shares during the period. Finally, Penserra Capital Management LLC boosted its holdings in shares of Kayne Anderson Energy Infrastructure Fund by 3.7% in the third quarter. Penserra Capital Management LLC now owns 1,257,117 shares of the financial services provider’s stock valued at $10,572,000 after acquiring an additional 44,971 shares during the period.

Kayne Anderson Energy Infrastructure Fund Price Performance

Shares of KYN stock traded up $0.11 during trading hours on Tuesday, hitting $9.86. The stock had a trading volume of 506,127 shares, compared to its average volume of 499,824. Kayne Anderson Energy Infrastructure Fund, Inc. has a twelve month low of $7.85 and a twelve month high of $10.15. The stock’s 50 day moving average is $9.75 and its 200 day moving average is $9.16.

Kayne Anderson Energy Infrastructure Fund Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, April 12th. Stockholders of record on Friday, April 5th were issued a $0.22 dividend. This represents a $0.88 annualized dividend and a dividend yield of 8.92%. The ex-dividend date was Thursday, April 4th.

Kayne Anderson Energy Infrastructure Fund Company Profile

(Free Report)

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.

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Institutional Ownership by Quarter for Kayne Anderson Energy Infrastructure Fund (NYSE:KYN)

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