Terril Brothers Inc. Raises Stake in Kayne Anderson Energy Infrastructure Fund, Inc. (NYSE:KYN)

Terril Brothers Inc. increased its stake in Kayne Anderson Energy Infrastructure Fund, Inc. (NYSE:KYN) by 40.2% during the fourth quarter, according to its most recent filing with the SEC. The fund owned 463,080 shares of the financial services provider’s stock after buying an additional 132,850 shares during the quarter. Kayne Anderson Energy Infrastructure Fund accounts for approximately 1.8% of Terril Brothers Inc.’s portfolio, making the stock its 15th largest holding. Terril Brothers Inc.’s holdings in Kayne Anderson Energy Infrastructure Fund were worth $5,886,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently made changes to their positions in KYN. Meridian Wealth Management LLC purchased a new position in shares of Kayne Anderson Energy Infrastructure Fund in the 3rd quarter worth about $4,454,000. HB Wealth Management LLC purchased a new position in shares of Kayne Anderson Energy Infrastructure Fund in the 4th quarter worth about $2,008,000. Nwam LLC purchased a new position in shares of Kayne Anderson Energy Infrastructure Fund in the 3rd quarter worth about $1,580,000. Advisors Asset Management Inc. boosted its holdings in shares of Kayne Anderson Energy Infrastructure Fund by 6.6% in the 3rd quarter. Advisors Asset Management Inc. now owns 1,914,673 shares of the financial services provider’s stock worth $21,061,000 after buying an additional 118,246 shares during the last quarter. Finally, HighTower Advisors LLC raised 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 acquiring an additional 104,149 shares during the period.

Insider Activity at Kayne Anderson Energy Infrastructure Fund

In other news, EVP Harrison James Little acquired 5,000 shares of the stock in a transaction that occurred on Friday, January 17th. The shares were acquired at an average cost of $13.04 per share, for a total transaction of $65,200.00. Following the purchase, the executive vice president now owns 5,000 shares of the company’s stock, valued at approximately $65,200. The trade was a ∞ increase in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink.

Kayne Anderson Energy Infrastructure Fund Stock Performance

Shares of Kayne Anderson Energy Infrastructure Fund stock opened at $12.78 on Friday. Kayne Anderson Energy Infrastructure Fund, Inc. has a 52-week low of $9.13 and a 52-week high of $13.69. The stock’s 50-day simple moving average is $12.96 and its 200 day simple moving average is $12.18.

Kayne Anderson Energy Infrastructure Fund Dividend Announcement

The company also recently disclosed a monthly dividend, which was paid on Friday, February 28th. Investors of record on Friday, February 14th were paid a $0.08 dividend. This represents a $0.96 dividend on an annualized basis and a yield of 7.51%. The ex-dividend date was Friday, February 14th.

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.