Kayne Anderson Energy Infrastructure Fund, Inc. (NYSE:KYN) President James C. Baker Buys 25,000 Shares

Kayne Anderson Energy Infrastructure Fund, Inc. (NYSE:KYN) President James C. Baker purchased 25,000 shares of the business’s stock in a transaction on Friday, April 4th. The shares were acquired at an average price of $11.41 per share, with a total value of $285,250.00. Following the purchase, the president now owns 761,040 shares of the company’s stock, valued at approximately $8,683,466.40. This trade represents a 3.40 % increase in their ownership of the stock. The purchase was disclosed in a filing with the SEC, which can be accessed through this hyperlink.

Kayne Anderson Energy Infrastructure Fund Price Performance

Shares of KYN opened at $10.87 on Tuesday. Kayne Anderson Energy Infrastructure Fund, Inc. has a 1 year low of $9.29 and a 1 year high of $13.69. The stock has a 50 day simple moving average of $12.75 and a 200-day simple moving average of $12.54.

Kayne Anderson Energy Infrastructure Fund Dividend Announcement

The business also recently disclosed a monthly dividend, which will be paid on Wednesday, April 30th. Shareholders of record on Tuesday, April 15th will be paid a dividend of $0.08 per share. The ex-dividend date of this dividend is Tuesday, April 15th. This represents a $0.96 annualized dividend and a yield of 8.84%.

Institutional Investors Weigh In On Kayne Anderson Energy Infrastructure Fund

Several institutional investors and hedge funds have recently made changes to their positions in KYN. Means Investment CO. Inc. bought a new position in Kayne Anderson Energy Infrastructure Fund during the 4th quarter valued at about $127,000. Mengis Capital Management Inc. acquired a new stake in shares of Kayne Anderson Energy Infrastructure Fund during the fourth quarter worth approximately $128,000. Powell Investment Advisors LLC bought a new position in shares of Kayne Anderson Energy Infrastructure Fund in the fourth quarter valued at approximately $136,000. Intellectus Partners LLC boosted its holdings in shares of Kayne Anderson Energy Infrastructure Fund by 12.8% in the 4th quarter. Intellectus Partners LLC now owns 13,250 shares of the financial services provider’s stock worth $168,000 after acquiring an additional 1,500 shares in the last quarter. Finally, Fidelis Capital Partners LLC bought a new stake in Kayne Anderson Energy Infrastructure Fund during the 4th quarter worth approximately $178,000.

About Kayne Anderson Energy Infrastructure Fund

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.