FourThought Financial Partners LLC Lowers Position in Kayne Anderson Energy Infrastructure Fund, Inc. (NYSE:KYN)

FourThought Financial Partners LLC lowered its stake in shares of Kayne Anderson Energy Infrastructure Fund, Inc. (NYSE:KYN) by 1.5% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 191,742 shares of the financial services provider’s stock after selling 2,909 shares during the period. FourThought Financial Partners LLC’s holdings in Kayne Anderson Energy Infrastructure Fund were worth $2,437,000 at the end of the most recent reporting period.

A number of other large investors also recently bought and sold shares of the stock. Mengis Capital Management Inc. acquired a new stake in shares of Kayne Anderson Energy Infrastructure Fund during the 4th quarter worth $128,000. Advyzon Investment Management LLC acquired a new stake in Kayne Anderson Energy Infrastructure Fund during the fourth quarter worth about $341,000. Truist Financial Corp raised its holdings in shares of Kayne Anderson Energy Infrastructure Fund by 4.6% in the 4th quarter. Truist Financial Corp now owns 57,207 shares of the financial services provider’s stock worth $727,000 after purchasing an additional 2,533 shares during the period. Pure Portfolios Holdings LLC raised its holdings in shares of Kayne Anderson Energy Infrastructure Fund by 11.4% in the 4th quarter. Pure Portfolios Holdings LLC now owns 30,267 shares of the financial services provider’s stock worth $385,000 after purchasing an additional 3,088 shares during the period. Finally, Powell Investment Advisors LLC acquired a new position in shares of Kayne Anderson Energy Infrastructure Fund in the 4th quarter valued at about $136,000.

Insider Activity

In related news, EVP Harrison James Little bought 5,000 shares of the stock in a transaction dated Friday, January 17th. The stock was acquired 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 owns 5,000 shares in the company, valued at $65,200. This represents a ∞ increase in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink.

Kayne Anderson Energy Infrastructure Fund Price Performance

KYN opened at $12.68 on Tuesday. Kayne Anderson Energy Infrastructure Fund, Inc. has a 1 year low of $9.01 and a 1 year high of $13.69. The firm has a 50 day moving average price of $12.93 and a 200 day moving average price of $12.16.

Kayne Anderson Energy Infrastructure Fund Announces Dividend

The firm also recently disclosed a monthly dividend, which will be paid on Friday, February 28th. Stockholders of record on Friday, February 14th will be given a $0.08 dividend. This represents a $0.96 annualized dividend and a dividend yield of 7.57%. The ex-dividend date of this dividend is Friday, February 14th.

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.