Kayne Anderson Energy Infrastructure Fund, Inc. (NYSE:KYN) Stake Lessened by D.A. Davidson & CO.

D.A. Davidson & CO. cut its stake in Kayne Anderson Energy Infrastructure Fund, Inc. (NYSE:KYN) by 11.0% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 24,748 shares of the financial services provider’s stock after selling 3,065 shares during the period. D.A. Davidson & CO.’s holdings in Kayne Anderson Energy Infrastructure Fund were worth $315,000 at the end of the most recent reporting period.

A number of other large investors have also recently added to or reduced their stakes in KYN. FSA Wealth Management LLC bought a new stake in shares of Kayne Anderson Energy Infrastructure Fund in the 3rd quarter worth about $33,000. Concorde Asset Management LLC bought a new stake in Kayne Anderson Energy Infrastructure Fund in the third quarter valued at about $126,000. Means Investment CO. Inc. bought a new stake in Kayne Anderson Energy Infrastructure Fund in the fourth quarter valued at about $127,000. Intellectus Partners LLC raised its stake in Kayne Anderson Energy Infrastructure Fund by 9.3% during the third quarter. Intellectus Partners LLC now owns 11,750 shares of the financial services provider’s stock valued at $132,000 after buying an additional 1,000 shares in the last quarter. Finally, Powell Investment Advisors LLC bought a new position in Kayne Anderson Energy Infrastructure Fund during the 4th quarter worth approximately $136,000.

Kayne Anderson Energy Infrastructure Fund Stock Performance

Shares of NYSE KYN opened at $12.57 on Thursday. Kayne Anderson Energy Infrastructure Fund, Inc. has a twelve month low of $9.01 and a twelve month high of $13.69. The business has a 50 day simple moving average of $12.95 and a 200-day simple moving average of $12.18.

Kayne Anderson Energy Infrastructure Fund Announces Dividend

The firm also recently announced a monthly dividend, which will be paid on Friday, February 28th. Shareholders of record on Friday, February 14th will be paid a dividend of $0.08 per share. The ex-dividend date of this dividend is Friday, February 14th. This represents a $0.96 annualized dividend and a yield of 7.64%.

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 stock in a transaction that occurred on Friday, January 17th. The stock was acquired at an average price of $13.04 per share, with a total value of $65,200.00. Following the transaction, the executive vice president now directly owns 5,000 shares in the company, valued at approximately $65,200. This represents a ∞ increase in their ownership of the stock. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link.

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.