Hartline Investment Corp Invests $131,000 in Kayne Anderson Energy Infrastructure Fund, Inc. (NYSE:KYN)

Hartline Investment Corp bought a new position in shares of Kayne Anderson Energy Infrastructure Fund, Inc. (NYSE:KYN) during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm bought 13,045 shares of the financial services provider’s stock, valued at approximately $131,000.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Lincoln National Corp boosted its stake in shares of Kayne Anderson Energy Infrastructure Fund by 2.3% in the fourth quarter. Lincoln National Corp now owns 52,787 shares of the financial services provider’s stock worth $463,000 after acquiring an additional 1,168 shares during the last quarter. Axxcess Wealth Management LLC boosted its stake in shares of Kayne Anderson Energy Infrastructure Fund by 4.7% in the fourth quarter. Axxcess Wealth Management LLC now owns 33,934 shares of the financial services provider’s stock worth $298,000 after acquiring an additional 1,517 shares during the last quarter. Essex Financial Services Inc. boosted its stake in shares of Kayne Anderson Energy Infrastructure Fund by 3.9% in the third quarter. Essex Financial Services Inc. now owns 43,948 shares of the financial services provider’s stock worth $370,000 after acquiring an additional 1,660 shares during the last quarter. Jeppson Wealth Management LLC boosted its stake in shares of Kayne Anderson Energy Infrastructure Fund by 2.2% in the fourth quarter. Jeppson Wealth Management LLC now owns 77,759 shares of the financial services provider’s stock worth $683,000 after acquiring an additional 1,711 shares during the last quarter. Finally, Steward Partners Investment Advisory LLC boosted its stake in shares of Kayne Anderson Energy Infrastructure Fund by 3.9% in the fourth quarter. Steward Partners Investment Advisory LLC now owns 48,584 shares of the financial services provider’s stock worth $427,000 after acquiring an additional 1,822 shares during the last quarter.

Kayne Anderson Energy Infrastructure Fund Stock Performance

Shares of NYSE:KYN traded up $0.06 during trading on Friday, reaching $10.46. The stock had a trading volume of 316,073 shares, compared to its average volume of 497,158. Kayne Anderson Energy Infrastructure Fund, Inc. has a 1-year low of $7.87 and a 1-year high of $10.72. The business has a fifty day moving average price of $9.99 and a 200-day moving average price of $9.43.

Kayne Anderson Energy Infrastructure Fund Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Monday, July 8th. Investors of record on Friday, June 28th will be given a dividend of $0.22 per share. The ex-dividend date is Friday, June 28th. This represents a $0.88 dividend on an annualized basis and a yield of 8.42%.

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.