Johnson Investment Counsel Inc. Makes New Investment in Kayne Anderson Energy Infrastructure Fund, Inc. (NYSE:KYN)

Johnson Investment Counsel Inc. acquired a new position in shares of Kayne Anderson Energy Infrastructure Fund, Inc. (NYSE:KYN) during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 31,634 shares of the financial services provider’s stock, valued at approximately $327,000.

Several other institutional investors have also recently bought and sold shares of KYN. Truist Financial Corp raised its holdings in Kayne Anderson Energy Infrastructure Fund by 95.9% during the fourth quarter. Truist Financial Corp now owns 54,228 shares of the financial services provider’s stock worth $476,000 after buying an additional 26,549 shares during the last quarter. Private Advisor Group LLC acquired a new position in Kayne Anderson Energy Infrastructure Fund during the fourth quarter worth $152,000. Principal Securities Inc. acquired a new position in Kayne Anderson Energy Infrastructure Fund during the fourth quarter worth $34,000. NBC Securities Inc. purchased a new stake in shares of Kayne Anderson Energy Infrastructure Fund in the fourth quarter valued at about $55,000. Finally, Janney Montgomery Scott LLC raised its holdings in shares of Kayne Anderson Energy Infrastructure Fund by 225.3% in the fourth quarter. Janney Montgomery Scott LLC now owns 361,012 shares of the financial services provider’s stock valued at $3,170,000 after purchasing an additional 250,048 shares during the last quarter.

Kayne Anderson Energy Infrastructure Fund Trading Up 0.7 %

Shares of KYN stock opened at $10.95 on Friday. The firm has a 50-day moving average of $10.53 and a 200-day moving average of $10.07. Kayne Anderson Energy Infrastructure Fund, Inc. has a one year low of $7.87 and a one year high of $11.10.

Kayne Anderson Energy Infrastructure Fund Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, July 8th. Stockholders of record on Friday, June 28th were issued a $0.22 dividend. The ex-dividend date of this dividend was Friday, June 28th. This represents a $0.88 annualized dividend and a dividend yield of 8.04%.

Kayne Anderson Energy Infrastructure Fund 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.