Carita Walker Acquires 3,400 Shares of Kayne Anderson Energy Infrastructure Fund (NYSE:KYN) Stock

Kayne Anderson Energy Infrastructure Fund, Inc. (NYSE:KYN) Director Carita Walker purchased 3,400 shares of the business’s stock in a transaction on Thursday, August 20th. The stock was acquired at an average price of $14.70 per share, with a total value of $49,980.00. Following the completion of the acquisition, the director directly owned 3,400 shares in the company, valued at $49,980. The trade was a ? increase in their position. The acquisition was disclosed in a filing with the SEC, which is available through the SEC website.

Kayne Anderson Energy Infrastructure Fund Price Performance

Shares of Kayne Anderson Energy Infrastructure Fund stock opened at $14.59 on Friday. Kayne Anderson Energy Infrastructure Fund, Inc. has a fifty-two week low of $11.31 and a fifty-two week high of $15.17. The business’s fifty day moving average is $14.25 and its two-hundred day moving average is $14.01.

Kayne Anderson Energy Infrastructure Fund Announces Dividend

The firm also recently announced a monthly dividend, which will be paid on Monday, August 31st. Investors of record on Friday, August 14th will be paid a $0.09 dividend. This represents a c) annualized dividend and a yield of 7.4%. The ex-dividend date is Friday, August 14th.

Institutional Trading of Kayne Anderson Energy Infrastructure Fund

A number of hedge funds have recently added to or reduced their stakes in KYN. Secure Asset Management LLC grew its holdings in Kayne Anderson Energy Infrastructure Fund by 1.0% in the 2nd quarter. Secure Asset Management LLC now owns 79,697 shares of the financial services provider’s stock valued at $1,102,000 after buying an additional 827 shares during the period. Nwam LLC increased its stake in shares of Kayne Anderson Energy Infrastructure Fund by 16.5% during the 2nd quarter. Nwam LLC now owns 95,617 shares of the financial services provider’s stock valued at $1,322,000 after acquiring an additional 13,569 shares during the last quarter. Rivernorth Capital Management LLC lifted its holdings in shares of Kayne Anderson Energy Infrastructure Fund by 0.6% during the 2nd quarter. Rivernorth Capital Management LLC now owns 697,198 shares of the financial services provider’s stock worth $9,642,000 after acquiring an additional 4,302 shares during the period. Concorde Asset Management LLC purchased a new position in shares of Kayne Anderson Energy Infrastructure Fund during the 2nd quarter worth about $639,000. Finally, Equitable Holdings Inc. purchased a new position in shares of Kayne Anderson Energy Infrastructure Fund during the 2nd quarter worth about $161,000.

Kayne Anderson Energy Infrastructure Fund Company Profile

The Kayne Anderson Energy Infrastructure Fund, Inc (NYSE: KYN) is a closed-end management investment company that focuses on energy infrastructure assets. The fund’s portfolio is primarily composed of equity securities of publicly traded partnerships—including master limited partnerships (MLPs)—and other energy-related companies. Key sectors in its midstream-oriented strategy include the transportation, storage, processing and distribution of natural gas, crude oil and refined products.

Since commencing operations in 2014, Kayne Anderson Energy Infrastructure Fund has pursued a dual objective of current income generation and long-term capital appreciation.