Austin Colby Parker Acquires 2,500 Shares of Kayne Anderson Energy Infrastructure Fund (NYSE:KYN) Stock

Kayne Anderson Energy Infrastructure Fund, Inc. (NYSE:KYN) CFO Austin Colby Parker acquired 2,500 shares of Kayne Anderson Energy Infrastructure Fund stock in a transaction dated Wednesday, May 13th. The stock was purchased at an average cost of $13.99 per share, for a total transaction of $34,975.00. Following the completion of the purchase, the chief financial officer owned 14,623 shares in the company, valued at approximately $204,575.77. The trade was a 20.62% increase in their position. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link.

Austin Colby Parker also recently made the following trade(s):

• On Wednesday, March 25th, Austin Colby Parker acquired 2,500 shares of Kayne Anderson Energy Infrastructure Fund stock. The stock was purchased at an average cost of $14.32 per share, for a total transaction of $35,800.00.

Kayne Anderson Energy Infrastructure Fund Stock Up 2.2%

NYSE:KYN opened at $14.43 on Friday. The firm’s fifty day moving average is $13.90 and its 200-day moving average is $12.98. Kayne Anderson Energy Infrastructure Fund, Inc. has a 52 week low of $11.31 and a 52 week high of $14.69.

Kayne Anderson Energy Infrastructure Fund Dividend Announcement

The company also recently disclosed a monthly dividend, which will be paid on Friday, May 29th. Stockholders of record on Friday, May 15th will be paid a $0.085 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 7.1%. The ex-dividend date of this dividend is Friday, May 15th.

Institutional Investors Weigh In On Kayne Anderson Energy Infrastructure Fund

Institutional investors have recently modified their holdings of the company. Bessemer Group Inc. bought a new stake in shares of Kayne Anderson Energy Infrastructure Fund in the 3rd quarter valued at $31,000. Allworth Financial LP boosted its stake in shares of Kayne Anderson Energy Infrastructure Fund by 5,166.7% in the 4th quarter. Allworth Financial LP now owns 3,160 shares of the financial services provider’s stock valued at $39,000 after purchasing an additional 3,100 shares during the last quarter. International Assets Investment Management LLC bought a new stake in shares of Kayne Anderson Energy Infrastructure Fund in the 4th quarter valued at $61,000. JPMorgan Chase & Co. boosted its stake in shares of Kayne Anderson Energy Infrastructure Fund by 114,616.7% in the 2nd quarter. JPMorgan Chase & Co. now owns 6,883 shares of the financial services provider’s stock valued at $88,000 after purchasing an additional 6,877 shares during the last quarter. Finally, Brown Advisory Inc. bought a new position in Kayne Anderson Energy Infrastructure Fund during the second quarter worth $105,000.

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.