Edgemoor Investment Advisors Inc. Has $1.85 Million Holdings in Kayne Anderson Energy Infrastructure Fund, Inc. (NYSE:KYN)

Edgemoor Investment Advisors Inc. raised its position in shares of Kayne Anderson Energy Infrastructure Fund, Inc. (NYSE:KYN) by 0.8% in the fourth quarter, HoldingsChannel.com reports. The firm owned 145,559 shares of the financial services provider’s stock after purchasing an additional 1,120 shares during the quarter. Edgemoor Investment Advisors Inc.’s holdings in Kayne Anderson Energy Infrastructure Fund were worth $1,850,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in KYN. Raymond James Financial Inc. acquired a new stake in Kayne Anderson Energy Infrastructure Fund during the 4th quarter valued at approximately $33,724,000. Meridian Wealth Management LLC acquired a new stake in Kayne Anderson Energy Infrastructure Fund during the 3rd quarter valued at approximately $4,454,000. HB Wealth Management LLC acquired a new stake in Kayne Anderson Energy Infrastructure Fund during the 4th quarter valued at approximately $2,008,000. Nwam LLC acquired a new stake in Kayne Anderson Energy Infrastructure Fund during the 3rd quarter valued at approximately $1,580,000. Finally, Terril Brothers Inc. increased its position in Kayne Anderson Energy Infrastructure Fund by 40.2% during the 4th quarter. Terril Brothers Inc. now owns 463,080 shares of the financial services provider’s stock valued at $5,886,000 after purchasing an additional 132,850 shares during the period.

Insider Transactions at Kayne Anderson Energy Infrastructure Fund

In other news, President James C. Baker bought 20,000 shares of the business’s stock in a transaction that occurred on Friday, February 28th. The shares were bought at an average cost of $12.60 per share, for a total transaction of $252,000.00. Following the acquisition, the president now directly owns 700,939 shares in the company, valued at approximately $8,831,831.40. This trade represents a 2.94 % increase in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, EVP Harrison James Little bought 5,000 shares of the business’s stock in a transaction that occurred on Friday, January 17th. The stock was purchased at an average price of $13.04 per share, for a total transaction of $65,200.00. Following the completion of the acquisition, the executive vice president now owns 5,000 shares in the company, valued at $65,200. This represents a ∞ increase in their ownership of the stock. The disclosure for this purchase can be found here. Insiders purchased a total of 45,000 shares of company stock valued at $562,600 in the last quarter.

Kayne Anderson Energy Infrastructure Fund Price Performance

NYSE:KYN opened at $12.48 on Monday. Kayne Anderson Energy Infrastructure Fund, Inc. has a fifty-two week low of $9.29 and a fifty-two week high of $13.69. The company has a 50 day simple moving average of $12.92 and a two-hundred day simple moving average of $12.34.

Kayne Anderson Energy Infrastructure Fund Announces Dividend

The business 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 dividend of $0.08 per share. This represents a $0.96 annualized dividend and a dividend yield of 7.70%. The ex-dividend date of this dividend is Friday, March 14th.

Kayne Anderson Energy Infrastructure Fund 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.