Michael J. O’neil Acquires 2,350 Shares of Kayne Anderson Energy Infrastructure Fund, Inc. (NYSE:KYN) Stock

Kayne Anderson Energy Infrastructure Fund, Inc. (NYSE:KYN) VP Michael J. O’neil acquired 2,350 shares of the firm’s stock in a transaction dated Monday, April 7th. The shares were purchased at an average price of $10.59 per share, for a total transaction of $24,886.50. Following the completion of the transaction, the vice president now directly owns 8,390 shares in the company, valued at approximately $88,850.10. This trade represents a 38.91 % increase in their ownership of the stock. The purchase was disclosed in a legal filing with the SEC, which is available through the SEC website.

Kayne Anderson Energy Infrastructure Fund Stock Performance

NYSE KYN traded down $0.45 on Monday, reaching $10.87. The company had a trading volume of 2,106,749 shares, compared to its average volume of 446,313. Kayne Anderson Energy Infrastructure Fund, Inc. has a 12 month low of $9.29 and a 12 month high of $13.69. The firm’s 50 day moving average price is $12.79 and its 200 day moving average price is $12.54.

Kayne Anderson Energy Infrastructure Fund Dividend Announcement

The business also recently declared a monthly dividend, which will be paid on Wednesday, April 30th. Investors of record on Tuesday, April 15th will be given a $0.08 dividend. The ex-dividend date is Tuesday, April 15th. This represents a $0.96 annualized dividend and a yield of 8.84%.

Hedge Funds Weigh In On Kayne Anderson Energy Infrastructure Fund

Several large investors have recently modified their holdings of the stock. Means Investment CO. Inc. purchased a new position in shares of Kayne Anderson Energy Infrastructure Fund during the 4th quarter worth about $127,000. Mengis Capital Management Inc. bought a new stake in Kayne Anderson Energy Infrastructure Fund in the fourth quarter worth about $128,000. Powell Investment Advisors LLC purchased a new position in shares of Kayne Anderson Energy Infrastructure Fund during the fourth quarter valued at approximately $136,000. Intellectus Partners LLC grew its stake in shares of Kayne Anderson Energy Infrastructure Fund by 12.8% during the fourth quarter. Intellectus Partners LLC now owns 13,250 shares of the financial services provider’s stock valued at $168,000 after buying an additional 1,500 shares during the last quarter. Finally, Fidelis Capital Partners LLC purchased a new stake in shares of Kayne Anderson Energy Infrastructure Fund in the fourth quarter worth approximately $178,000.

Kayne Anderson Energy Infrastructure Fund Company 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.