Kayne Anderson Energy Infrastructure Fund, Inc. (NYSE:KYN) CFO Austin Colby Parker Buys 2,000 Shares

Kayne Anderson Energy Infrastructure Fund, Inc. (NYSE:KYN) CFO Austin Colby Parker acquired 2,000 shares of the business’s stock in a transaction on Tuesday, April 8th. The shares were purchased at an average price of $11.13 per share, with a total value of $22,260.00. Following the completion of the purchase, the chief financial officer now owns 6,455 shares in the company, valued at $71,844.15. This represents a 44.89 % increase in their position. The purchase was disclosed in a legal filing with the SEC, which is available at the SEC website.

Kayne Anderson Energy Infrastructure Fund Stock Performance

Shares of NYSE KYN traded down $0.29 during midday trading on Tuesday, hitting $10.53. The stock had a trading volume of 1,832,727 shares, compared to its average volume of 450,365. 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 Announces Dividend

The firm also recently announced 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 is Tuesday, April 15th. This represents a $0.96 annualized dividend and a yield of 9.11%.

Hedge Funds Weigh In On Kayne Anderson Energy Infrastructure Fund

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