Eagle Bay Advisors LLC Has $70,000 Holdings in Kayne Anderson Energy Infrastructure Fund, Inc. (NYSE:KYN)

Eagle Bay Advisors LLC decreased its stake in shares of Kayne Anderson Energy Infrastructure Fund, Inc. (NYSE:KYN) by 16.1% during the 3rd quarter, Holdings Channel reports. The institutional investor owned 6,271 shares of the financial services provider’s stock after selling 1,200 shares during the period. Eagle Bay Advisors LLC’s holdings in Kayne Anderson Energy Infrastructure Fund were worth $70,000 as of its most recent SEC filing.

Other hedge funds also recently modified their holdings of the company. Nomura Holdings Inc. bought a new stake in Kayne Anderson Energy Infrastructure Fund during the fourth quarter worth $97,000. Eagle Rock Investment Company LLC purchased a new stake in Kayne Anderson Energy Infrastructure Fund during the 1st quarter worth about $131,000. TSP Capital Management Group LLC increased its stake in Kayne Anderson Energy Infrastructure Fund by 0.8% in the 1st quarter. TSP Capital Management Group LLC now owns 280,725 shares of the financial services provider’s stock worth $2,810,000 after acquiring an additional 2,200 shares during the last quarter. Hartline Investment Corp bought a new position in Kayne Anderson Energy Infrastructure Fund in the 1st quarter worth about $131,000. Finally, Moloney Securities Asset Management LLC increased its stake in Kayne Anderson Energy Infrastructure Fund by 1.6% in the 1st quarter. Moloney Securities Asset Management LLC now owns 81,205 shares of the financial services provider’s stock worth $813,000 after acquiring an additional 1,302 shares during the last quarter.

Kayne Anderson Energy Infrastructure Fund Price Performance

NYSE KYN traded down $0.08 during trading on Wednesday, reaching $11.63. The company’s stock had a trading volume of 92,853 shares, compared to its average volume of 469,734. The firm has a fifty day moving average of $11.09 and a 200 day moving average of $10.42. Kayne Anderson Energy Infrastructure Fund, Inc. has a one year low of $7.87 and a one year high of $11.90.

Kayne Anderson Energy Infrastructure Fund Announces Dividend

The company also recently disclosed a monthly dividend, which will be paid on Friday, November 29th. Stockholders of record on Friday, November 15th will be given a dividend of $0.08 per share. The ex-dividend date of this dividend is Friday, November 15th. This represents a $0.96 annualized dividend and a dividend yield of 8.25%.

Insider Activity

In other news, major shareholder Metlife Investment Management, acquired 280,000 shares of Kayne Anderson Energy Infrastructure Fund stock in a transaction dated Wednesday, September 18th. The shares were purchased at an average cost of $25.00 per share, for a total transaction of $7,000,000.00. Following the transaction, the insider now owns 280,000 shares of the company’s stock, valued at $7,000,000. The purchase was disclosed in a legal filing with the SEC, which is available through the SEC website.

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.