Jeppson Wealth Management LLC Trims Stock Position in Kayne Anderson Energy Infrastructure Fund, Inc. (NYSE:KYN)

Jeppson Wealth Management LLC lowered its position in Kayne Anderson Energy Infrastructure Fund, Inc. (NYSE:KYN) by 1.4% in the 2nd quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 75,719 shares of the financial services provider’s stock after selling 1,046 shares during the period. Jeppson Wealth Management LLC’s holdings in Kayne Anderson Energy Infrastructure Fund were worth $782,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also added to or reduced their stakes in KYN. Magnus Financial Group LLC raised its position in shares of Kayne Anderson Energy Infrastructure Fund by 19.2% in the 2nd quarter. Magnus Financial Group LLC now owns 160,091 shares of the financial services provider’s stock worth $1,654,000 after purchasing an additional 25,737 shares during the last quarter. Moloney Securities Asset Management LLC raised its holdings in Kayne Anderson Energy Infrastructure Fund by 2.3% in the 2nd quarter. Moloney Securities Asset Management LLC now owns 83,091 shares of the financial services provider’s stock worth $858,000 after purchasing an additional 1,886 shares during the period. International Assets Investment Management LLC purchased a new position in shares of Kayne Anderson Energy Infrastructure Fund during the 2nd quarter valued at about $46,000. Rockwood Wealth Management LLC purchased a new position in Kayne Anderson Energy Infrastructure Fund during the second quarter valued at approximately $122,000. Finally, Cambridge Investment Research Advisors Inc. boosted its holdings in Kayne Anderson Energy Infrastructure Fund by 15.9% in the 2nd quarter. Cambridge Investment Research Advisors Inc. now owns 111,220 shares of the financial services provider’s stock worth $1,149,000 after buying an additional 15,293 shares during the period.

Kayne Anderson Energy Infrastructure Fund Stock Down 0.4 %

KYN traded down $0.04 on Friday, hitting $10.81. 19,173 shares of the company’s stock traded hands, compared to its average volume of 476,330. Kayne Anderson Energy Infrastructure Fund, Inc. has a one year low of $7.87 and a one year high of $11.10. The company’s 50 day simple moving average is $10.47 and its 200-day simple moving average is $9.99.

Kayne Anderson Energy Infrastructure Fund Dividend Announcement

The business also recently announced 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 was Friday, June 28th. This represents a $0.88 annualized dividend and a yield of 8.14%.

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.