Private Advisor Group LLC Has $187,000 Position in Kayne Anderson Energy Infrastructure Fund, Inc. (NYSE:KYN)

Private Advisor Group LLC lessened its stake in shares of Kayne Anderson Energy Infrastructure Fund, Inc. (NYSE:KYN) by 38.8% during the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 14,739 shares of the financial services provider’s stock after selling 9,354 shares during the period. Private Advisor Group LLC’s holdings in Kayne Anderson Energy Infrastructure Fund were worth $187,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also bought and sold shares of KYN. Meridian Wealth Management LLC bought a new stake in Kayne Anderson Energy Infrastructure Fund during the third quarter worth about $4,454,000. HB Wealth Management LLC bought a new stake in Kayne Anderson Energy Infrastructure Fund during the fourth quarter worth about $2,008,000. Nwam LLC bought a new stake in Kayne Anderson Energy Infrastructure Fund during the third quarter worth about $1,580,000. Advisors Asset Management Inc. raised its holdings in Kayne Anderson Energy Infrastructure Fund by 6.6% during the third quarter. Advisors Asset Management Inc. now owns 1,914,673 shares of the financial services provider’s stock worth $21,061,000 after acquiring an additional 118,246 shares in the last quarter. Finally, HighTower Advisors LLC raised its holdings in Kayne Anderson Energy Infrastructure Fund by 31.6% during the third quarter. HighTower Advisors LLC now owns 434,029 shares of the financial services provider’s stock worth $4,776,000 after acquiring an additional 104,149 shares in the last quarter.

Kayne Anderson Energy Infrastructure Fund Stock Performance

NYSE:KYN opened at $11.95 on Friday. The stock’s 50 day moving average price is $12.98 and its two-hundred day moving average price is $12.25. Kayne Anderson Energy Infrastructure Fund, Inc. has a 12-month low of $9.29 and a 12-month high of $13.69.

Kayne Anderson Energy Infrastructure Fund Announces Dividend

The firm also recently disclosed a monthly dividend, which will be paid on Monday, March 31st. Shareholders of record on Friday, March 14th will be paid a $0.08 dividend. The ex-dividend date of this dividend is Friday, March 14th. This represents a $0.96 annualized dividend and a yield of 8.04%.

Insider Buying and Selling at Kayne Anderson Energy Infrastructure Fund

In other Kayne Anderson Energy Infrastructure Fund news, EVP Harrison James Little acquired 5,000 shares of the company’s stock in a transaction on Friday, January 17th. The shares were purchased at an average price of $13.04 per share, for a total transaction of $65,200.00. Following the completion of the purchase, the executive vice president now directly owns 5,000 shares of the company’s stock, valued at approximately $65,200. This represents a ∞ increase in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, President James C. Baker acquired 20,000 shares of the company’s stock in a transaction on Friday, February 28th. The stock was acquired at an average price of $12.60 per share, for a total transaction of $252,000.00. Following the purchase, the president now directly owns 700,939 shares of the company’s stock, valued at approximately $8,831,831.40. This trade represents a 2.94 % increase in their ownership of the stock. The disclosure for this purchase can be found here.

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.