James C. Baker Purchases 25,000 Shares of Kayne Anderson Energy Infrastructure Fund, Inc. (NYSE:KYN) Stock

Kayne Anderson Energy Infrastructure Fund, Inc. (NYSE:KYN) President James C. Baker bought 25,000 shares of Kayne Anderson Energy Infrastructure Fund stock in a transaction on Friday, April 4th. The shares were acquired at an average price of $11.41 per share, for a total transaction of $285,250.00. Following the completion of the acquisition, the president now owns 761,040 shares of the company’s stock, valued at approximately $8,683,466.40. This represents a 3.40 % increase in their position. The acquisition was disclosed in a filing with the SEC, which is accessible through this link.

Kayne Anderson Energy Infrastructure Fund Stock Down 2.6 %

NYSE KYN opened at $10.53 on Wednesday. Kayne Anderson Energy Infrastructure Fund, Inc. has a one year low of $9.29 and a one year high of $13.69. The stock’s 50-day moving average is $12.64 and its 200-day moving average is $12.53.

Kayne Anderson Energy Infrastructure Fund Dividend Announcement

The business also recently declared a monthly dividend, which will be paid on Wednesday, April 30th. Shareholders of record on Tuesday, April 15th will be paid a $0.08 dividend. This represents a $0.96 dividend on an annualized basis and a yield of 9.11%. The ex-dividend date of this dividend is Tuesday, April 15th.

Institutional Investors Weigh In On Kayne Anderson Energy Infrastructure Fund

Several large investors have recently made changes to their positions in KYN. Raymond James Financial Inc. bought a new stake in Kayne Anderson Energy Infrastructure Fund in the 4th quarter valued at $33,724,000. Wells Fargo & Company MN raised its stake in shares of Kayne Anderson Energy Infrastructure Fund by 42.0% in the 4th quarter. Wells Fargo & Company MN now owns 2,619,843 shares of the financial services provider’s stock valued at $33,298,000 after purchasing an additional 774,922 shares during the period. Summit Financial LLC bought a new stake in shares of Kayne Anderson Energy Infrastructure Fund in the fourth quarter valued at about $4,060,000. Bank of America Corp DE boosted its position in shares of Kayne Anderson Energy Infrastructure Fund by 7.5% during the fourth quarter. Bank of America Corp DE now owns 4,514,305 shares of the financial services provider’s stock worth $57,377,000 after buying an additional 314,226 shares during the period. Finally, Leigh Baldwin & CO. LLC bought a new position in shares of Kayne Anderson Energy Infrastructure Fund during the fourth quarter worth about $3,849,000.

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.