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 bought 20,000 shares of the company’s stock in a transaction on Friday, February 28th. The stock was bought at an average cost of $12.60 per share, for a total transaction of $252,000.00. Following the completion of the acquisition, the president now directly owns 700,939 shares of the company’s stock, valued at approximately $8,831,831.40. This represents a 2.94 % increase in their position. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website.

Kayne Anderson Energy Infrastructure Fund Stock Down 0.5 %

Shares of NYSE:KYN opened at $12.71 on Tuesday. Kayne Anderson Energy Infrastructure Fund, Inc. has a 1 year low of $9.13 and a 1 year high of $13.69. The stock’s fifty day moving average price is $12.99 and its 200-day moving average price is $12.24.

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 given a dividend of $0.08 per share. This represents a $0.96 dividend on an annualized basis and a yield of 7.56%. The ex-dividend date was Friday, February 14th.

Institutional Trading of Kayne Anderson Energy Infrastructure Fund

A number of hedge funds have recently bought and sold shares of the company. Bank of America Corp DE increased its position in Kayne Anderson Energy Infrastructure Fund by 7.5% during the fourth quarter. Bank of America Corp DE now owns 4,514,305 shares of the financial services provider’s stock valued at $57,377,000 after acquiring an additional 314,226 shares during the last quarter. Raymond James Financial Inc. purchased a new stake in Kayne Anderson Energy Infrastructure Fund during the fourth quarter valued at $33,724,000. Wells Fargo & Company MN increased its position in Kayne Anderson Energy Infrastructure Fund by 42.0% during the fourth quarter. Wells Fargo & Company MN now owns 2,619,843 shares of the financial services provider’s stock valued at $33,298,000 after acquiring an additional 774,922 shares during the last quarter. Advisors Asset Management Inc. increased its position in Kayne Anderson Energy Infrastructure Fund by 6.6% during the third quarter. Advisors Asset Management Inc. now owns 1,914,673 shares of the financial services provider’s stock valued at $21,061,000 after acquiring an additional 118,246 shares during the last quarter. Finally, Stansberry Asset Management LLC increased its position in Kayne Anderson Energy Infrastructure Fund by 2.1% during the third quarter. Stansberry Asset Management LLC now owns 1,156,505 shares of the financial services provider’s stock valued at $12,722,000 after acquiring an additional 23,867 shares during the last quarter.

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.