Kayne Anderson Energy Infrastructure Fund, Inc. (NYSE:KYN) Stock Position Decreased by Advisors Asset Management Inc.

Advisors Asset Management Inc. cut its position in shares of Kayne Anderson Energy Infrastructure Fund, Inc. (NYSE:KYN) by 3.5% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,846,979 shares of the financial services provider’s stock after selling 67,694 shares during the period. Advisors Asset Management Inc.’s holdings in Kayne Anderson Energy Infrastructure Fund were worth $23,475,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Commerce Bank lifted its holdings in Kayne Anderson Energy Infrastructure Fund by 9.6% in the 3rd quarter. Commerce Bank now owns 45,142 shares of the financial services provider’s stock worth $497,000 after purchasing an additional 3,939 shares during the last quarter. Concorde Asset Management LLC acquired a new stake in Kayne Anderson Energy Infrastructure Fund in the 3rd quarter worth approximately $126,000. Meridian Wealth Management LLC acquired a new stake in Kayne Anderson Energy Infrastructure Fund in the 3rd quarter worth approximately $4,454,000. Nwam LLC acquired a new stake in Kayne Anderson Energy Infrastructure Fund in the 3rd quarter worth approximately $1,580,000. Finally, Larson Financial Group LLC acquired a new stake in Kayne Anderson Energy Infrastructure Fund in the 3rd quarter worth approximately $140,000.

Insider Buying and Selling

In other Kayne Anderson Energy Infrastructure Fund news, EVP Harrison James Little purchased 5,000 shares of the business’s stock in a transaction dated Friday, January 17th. The stock was bought at an average cost 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 $65,200. This represents a ∞ increase in their ownership of the stock. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, President James C. Baker purchased 20,000 shares of the business’s stock in a transaction dated Wednesday, March 12th. The shares were acquired at an average price of $12.27 per share, with a total value of $245,400.00. Following the completion of the acquisition, the president now owns 720,939 shares of the company’s stock, valued at approximately $8,845,921.53. The trade was a 2.85 % increase in their ownership of the stock. The disclosure for this purchase can be found here. In the last ninety days, insiders purchased 45,000 shares of company stock worth $562,600.

Kayne Anderson Energy Infrastructure Fund Stock Performance

KYN opened at $12.64 on Tuesday. The business has a 50 day moving average price of $12.91 and a 200 day moving average price of $12.36. Kayne Anderson Energy Infrastructure Fund, Inc. has a twelve month low of $9.29 and a twelve month high of $13.69.

Kayne Anderson Energy Infrastructure Fund Dividend Announcement

The business also recently announced a monthly dividend, which will be paid on Monday, March 31st. Investors of record on Friday, March 14th will be issued a $0.08 dividend. The ex-dividend date is Friday, March 14th. This represents a $0.96 annualized dividend and a yield of 7.60%.

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.