Kayne Anderson Energy Infrastructure Fund, Inc. (NYSE:KYN) Shares Acquired by Truist Financial Corp

Truist Financial Corp lifted its position in shares of Kayne Anderson Energy Infrastructure Fund, Inc. (NYSE:KYN) by 2.3% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 54,495 shares of the financial services provider’s stock after acquiring an additional 1,212 shares during the quarter. Truist Financial Corp’s holdings in Kayne Anderson Energy Infrastructure Fund were worth $563,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Kayne Anderson Rudnick Investment Management LLC grew its holdings in Kayne Anderson Energy Infrastructure Fund by 2.3% during the 2nd quarter. Kayne Anderson Rudnick Investment Management LLC now owns 66,422 shares of the financial services provider’s stock valued at $686,000 after buying an additional 1,493 shares during the last quarter. Garner Asset Management Corp raised its holdings in Kayne Anderson Energy Infrastructure Fund by 4.3% in the 2nd quarter. Garner Asset Management Corp now owns 308,818 shares of the financial services provider’s stock valued at $3,190,000 after acquiring an additional 12,591 shares during the last quarter. Johnson Investment Counsel Inc. purchased a new position in shares of Kayne Anderson Energy Infrastructure Fund during the 2nd quarter worth $327,000. Edgemoor Investment Advisors Inc. lifted its stake in shares of Kayne Anderson Energy Infrastructure Fund by 2.8% during the 2nd quarter. Edgemoor Investment Advisors Inc. now owns 142,264 shares of the financial services provider’s stock worth $1,470,000 after purchasing an additional 3,930 shares during the period. Finally, Choreo LLC acquired a new stake in shares of Kayne Anderson Energy Infrastructure Fund during the second quarter worth $284,000.

Kayne Anderson Energy Infrastructure Fund Trading Down 1.3 %

Kayne Anderson Energy Infrastructure Fund stock opened at $11.73 on Wednesday. Kayne Anderson Energy Infrastructure Fund, Inc. has a 52 week low of $7.87 and a 52 week high of $11.90. The stock has a fifty day moving average price of $10.95 and a 200 day moving average price of $10.36.

Kayne Anderson Energy Infrastructure Fund Dividend Announcement

The company also recently declared a monthly dividend, which will be paid on Friday, January 31st. Shareholders of record on Wednesday, January 15th will be given a dividend of $0.08 per share. This represents a $0.96 dividend on an annualized basis and a yield of 8.18%. The ex-dividend date is Wednesday, January 15th.

Insider Buying and Selling at Kayne Anderson Energy Infrastructure Fund

In other news, major shareholder Metlife Investment Management, acquired 280,000 shares of the business’s stock in a transaction on Wednesday, September 18th. The shares were purchased at an average price of $25.00 per share, for a total transaction of $7,000,000.00. Following the acquisition, the insider now directly owns 280,000 shares of the company’s stock, valued at $7,000,000. The purchase was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link.

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.