Wealth Enhancement Advisory Services LLC Sells 955 Shares of Kayne Anderson Energy Infrastructure Fund, Inc. (NYSE:KYN)

Wealth Enhancement Advisory Services LLC lowered its position in Kayne Anderson Energy Infrastructure Fund, Inc. (NYSE:KYN) by 4.8% in the 3rd quarter, according to the company in its most recent filing with the SEC. The fund owned 18,982 shares of the financial services provider’s stock after selling 955 shares during the quarter. Wealth Enhancement Advisory Services LLC’s holdings in Kayne Anderson Energy Infrastructure Fund were worth $209,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. International Assets Investment Management LLC purchased a new stake in shares of Kayne Anderson Energy Infrastructure Fund during the second quarter worth $46,000. Eagle Bay Advisors LLC boosted its stake in Kayne Anderson Energy Infrastructure Fund by 74.4% in the 1st quarter. Eagle Bay Advisors LLC now owns 7,296 shares of the financial services provider’s stock worth $73,000 after purchasing an additional 3,112 shares during the period. Bank of New York Mellon Corp purchased a new position in Kayne Anderson Energy Infrastructure Fund during the 2nd quarter valued at about $103,000. Rockwood Wealth Management LLC purchased a new stake in shares of Kayne Anderson Energy Infrastructure Fund in the second quarter worth about $122,000. Finally, Cetera Advisors LLC bought a new position in shares of Kayne Anderson Energy Infrastructure Fund in the first quarter valued at approximately $137,000.

Insider Transactions at Kayne Anderson Energy Infrastructure Fund

In other Kayne Anderson Energy Infrastructure Fund news, major shareholder Metlife Investment Management, acquired 280,000 shares of the company’s stock in a transaction that occurred on Wednesday, September 18th. The stock was bought at an average price of $25.00 per share, with a total value of $7,000,000.00. Following the completion of the purchase, the insider now owns 280,000 shares of the company’s stock, valued at approximately $7,000,000. The transaction was disclosed in a legal filing with the SEC, which is available through this link.

Kayne Anderson Energy Infrastructure Fund Stock Down 0.5 %

Shares of NYSE:KYN opened at $12.83 on Wednesday. The company has a 50 day moving average of $11.50 and a 200 day moving average of $10.67. Kayne Anderson Energy Infrastructure Fund, Inc. has a 12 month low of $8.06 and a 12 month high of $13.05.

Kayne Anderson Energy Infrastructure Fund Announces Dividend

The company also recently declared a monthly dividend, which will be paid on Friday, November 29th. Stockholders of record on Friday, November 15th will be issued a $0.08 dividend. The ex-dividend date of this dividend is Friday, November 15th. This represents a $0.96 annualized dividend and a dividend yield of 7.48%.

About Kayne Anderson Energy Infrastructure Fund

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.