Kayne Anderson Energy Infrastructure Fund, Inc. (NYSE:KYN) President James C. Baker Acquires 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 Price Performance

Shares of KYN stock opened at $12.34 on Thursday. The company’s fifty day simple moving average is $12.95 and its 200-day simple moving average is $12.31. Kayne Anderson Energy Infrastructure Fund, Inc. has a 12 month low of $9.29 and a 12 month high of $13.69.

Kayne Anderson Energy Infrastructure Fund Dividend Announcement

The firm also recently disclosed a monthly dividend, which will be paid on Monday, March 31st. Stockholders of record on Friday, March 14th will be given a $0.08 dividend. This represents a $0.96 dividend on an annualized basis and a dividend yield of 7.78%. The ex-dividend date is Friday, March 14th.

Institutional Trading of Kayne Anderson Energy Infrastructure Fund

Institutional investors have recently made changes to their positions in the business. Axxcess Wealth Management LLC raised its position in Kayne Anderson Energy Infrastructure Fund by 5.6% during the third quarter. Axxcess Wealth Management LLC now owns 37,978 shares of the financial services provider’s stock worth $418,000 after acquiring an additional 2,003 shares in the last quarter. Jeppson Wealth Management LLC raised its position in Kayne Anderson Energy Infrastructure Fund by 1.2% during the third quarter. Jeppson Wealth Management LLC now owns 76,615 shares of the financial services provider’s stock worth $843,000 after acquiring an additional 896 shares in the last quarter. Oppenheimer & Co. Inc. raised its position in shares of Kayne Anderson Energy Infrastructure Fund by 22.1% in the third quarter. Oppenheimer & Co. Inc. now owns 194,285 shares of the financial services provider’s stock valued at $2,137,000 after purchasing an additional 35,105 shares during the period. Intellectus Partners LLC raised its position in shares of Kayne Anderson Energy Infrastructure Fund by 9.3% in the third quarter. Intellectus Partners LLC now owns 11,750 shares of the financial services provider’s stock valued at $132,000 after purchasing an additional 1,000 shares during the period. Finally, Bard Associates Inc. raised its position in shares of Kayne Anderson Energy Infrastructure Fund by 99.5% in the third quarter. Bard Associates Inc. now owns 54,204 shares of the financial services provider’s stock valued at $609,000 after purchasing an additional 27,033 shares during the period.

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.