Atala Financial Inc Makes New Investment in Kayne Anderson Energy Infrastructure Fund, Inc. (NYSE:KYN)

Atala Financial Inc acquired a new stake in Kayne Anderson Energy Infrastructure Fund, Inc. (NYSE:KYN) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm acquired 37,701 shares of the financial services provider’s stock, valued at approximately $479,000.

Several other hedge funds and other institutional investors have also recently modified their holdings of the company. Axxcess Wealth Management LLC grew its position in Kayne Anderson Energy Infrastructure Fund by 5.6% in the 3rd quarter. Axxcess Wealth Management LLC now owns 37,978 shares of the financial services provider’s stock valued at $418,000 after purchasing an additional 2,003 shares during the period. Oppenheimer & Co. Inc. lifted its stake in shares of Kayne Anderson Energy Infrastructure Fund by 22.1% in the third quarter. Oppenheimer & Co. Inc. now owns 194,285 shares of the financial services provider’s stock valued at $2,137,000 after buying an additional 35,105 shares in the last quarter. Intellectus Partners LLC grew its holdings in shares of Kayne Anderson Energy Infrastructure Fund by 9.3% during the third quarter. Intellectus Partners LLC now owns 11,750 shares of the financial services provider’s stock valued at $132,000 after buying an additional 1,000 shares during the last quarter. Bard Associates Inc. grew its holdings in shares of Kayne Anderson Energy Infrastructure Fund by 99.5% during the third quarter. Bard Associates Inc. now owns 54,204 shares of the financial services provider’s stock valued at $609,000 after buying an additional 27,033 shares during the last quarter. Finally, Commerce Bank increased its position in shares of Kayne Anderson Energy Infrastructure Fund by 9.6% during the third quarter. Commerce Bank now owns 45,142 shares of the financial services provider’s stock worth $497,000 after acquiring an additional 3,939 shares in the last quarter.

Kayne Anderson Energy Infrastructure Fund Stock Down 0.4 %

Shares of NYSE KYN opened at $12.29 on Friday. 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 firm’s 50-day simple moving average is $12.95 and its 200 day simple moving average is $12.31.

Kayne Anderson Energy Infrastructure Fund Announces Dividend

The business also recently announced a monthly dividend, which will be paid on Monday, March 31st. Stockholders of record on Friday, March 14th will be issued a $0.08 dividend. The ex-dividend date of this dividend is Friday, March 14th. This represents a $0.96 dividend on an annualized basis and a dividend yield of 7.81%.

Insider Activity at Kayne Anderson Energy Infrastructure Fund

In other news, EVP Harrison James Little bought 5,000 shares of the stock in a transaction dated Friday, January 17th. The stock was bought 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 directly owns 5,000 shares in the company, valued at approximately $65,200. This trade represents a ∞ increase in their position. The purchase was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, President James C. Baker purchased 20,000 shares of the company’s stock in a transaction that occurred on Wednesday, March 12th. The shares were purchased at an average cost of $12.27 per share, for a total transaction of $245,400.00. Following the completion of the transaction, the president now directly owns 720,939 shares of the company’s stock, valued at $8,845,921.53. This represents a 2.85 % increase in their ownership of the stock. The disclosure for this purchase can be found here. Insiders have purchased a total of 45,000 shares of company stock valued at $562,600 over the last 90 days.

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.