Edgemoor Investment Advisors Inc. Acquires 3,930 Shares of Kayne Anderson Energy Infrastructure Fund, Inc. (NYSE:KYN)

Edgemoor Investment Advisors Inc. grew its holdings in Kayne Anderson Energy Infrastructure Fund, Inc. (NYSE:KYN) by 2.8% in the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 142,264 shares of the financial services provider’s stock after purchasing an additional 3,930 shares during the quarter. Edgemoor Investment Advisors Inc.’s holdings in Kayne Anderson Energy Infrastructure Fund were worth $1,470,000 at the end of the most recent reporting period.

Other hedge funds have also recently modified their holdings of the company. Cetera Investment Advisers raised its stake in Kayne Anderson Energy Infrastructure Fund by 24,443.6% in the first quarter. Cetera Investment Advisers now owns 5,872,298 shares of the financial services provider’s stock worth $58,782,000 after buying an additional 5,848,372 shares in the last quarter. Wells Fargo & Company MN raised its position in shares of Kayne Anderson Energy Infrastructure Fund by 51.8% in the 4th quarter. Wells Fargo & Company MN now owns 1,258,090 shares of the financial services provider’s stock worth $11,046,000 after acquiring an additional 429,415 shares in the last quarter. Quantedge Capital Pte Ltd lifted its stake in shares of Kayne Anderson Energy Infrastructure Fund by 72.3% during the 4th quarter. Quantedge Capital Pte Ltd now owns 677,894 shares of the financial services provider’s stock worth $5,952,000 after purchasing an additional 284,386 shares during the last quarter. Janney Montgomery Scott LLC boosted its position in Kayne Anderson Energy Infrastructure Fund by 225.3% during the fourth quarter. Janney Montgomery Scott LLC now owns 361,012 shares of the financial services provider’s stock valued at $3,170,000 after purchasing an additional 250,048 shares in the last quarter. Finally, Stifel Financial Corp boosted its position in Kayne Anderson Energy Infrastructure Fund by 42.8% during the fourth quarter. Stifel Financial Corp now owns 670,320 shares of the financial services provider’s stock valued at $5,885,000 after purchasing an additional 201,039 shares in the last quarter.

Kayne Anderson Energy Infrastructure Fund Stock Performance

Kayne Anderson Energy Infrastructure Fund stock traded up $0.06 during trading hours on Monday, reaching $10.75. The stock had a trading volume of 44,804 shares, compared to its average volume of 476,460. The business’s 50 day moving average price is $10.48 and its 200-day moving average price is $10.02. Kayne Anderson Energy Infrastructure Fund, Inc. has a 52 week low of $7.87 and a 52 week high of $11.10.

Kayne Anderson Energy Infrastructure Fund Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, July 8th. Investors of record on Friday, June 28th were paid a dividend of $0.22 per share. The ex-dividend date of this dividend was Friday, June 28th. This represents a $0.88 annualized dividend and a dividend yield of 8.19%.

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.