Prevail Innovative Wealth Advisors LLC Has $2.87 Million Position in Kayne Anderson Energy Infrastructure Fund, Inc. (NYSE:KYN)

Prevail Innovative Wealth Advisors LLC decreased its stake in Kayne Anderson Energy Infrastructure Fund, Inc. (NYSE:KYNFree Report) by 6.8% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 326,642 shares of the financial services provider’s stock after selling 23,961 shares during the period. Kayne Anderson Energy Infrastructure Fund accounts for about 1.4% of Prevail Innovative Wealth Advisors LLC’s holdings, making the stock its 19th biggest holding. Prevail Innovative Wealth Advisors LLC’s holdings in Kayne Anderson Energy Infrastructure Fund were worth $2,868,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds also recently made changes to their positions in KYN. Lincoln National Corp raised its stake in Kayne Anderson Energy Infrastructure Fund by 2.3% during the fourth quarter. Lincoln National Corp now owns 52,787 shares of the financial services provider’s stock worth $463,000 after buying an additional 1,168 shares during the last quarter. J.P. Morgan Private Wealth Advisors LLC raised its position in shares of Kayne Anderson Energy Infrastructure Fund by 1.6% in the 3rd quarter. J.P. Morgan Private Wealth Advisors LLC now owns 82,373 shares of the financial services provider’s stock worth $693,000 after acquiring an additional 1,258 shares in the last quarter. Kayne Anderson Rudnick Investment Management LLC lifted its stake in shares of Kayne Anderson Energy Infrastructure Fund by 2.4% in the 3rd quarter. Kayne Anderson Rudnick Investment Management LLC now owns 63,884 shares of the financial services provider’s stock valued at $537,000 after purchasing an additional 1,500 shares during the period. Axxcess Wealth Management LLC boosted its position in shares of Kayne Anderson Energy Infrastructure Fund by 4.7% during the 4th quarter. Axxcess Wealth Management LLC now owns 33,934 shares of the financial services provider’s stock valued at $298,000 after purchasing an additional 1,517 shares in the last quarter. Finally, Essex Financial Services Inc. grew its stake in Kayne Anderson Energy Infrastructure Fund by 3.9% during the third quarter. Essex Financial Services Inc. now owns 43,948 shares of the financial services provider’s stock worth $370,000 after purchasing an additional 1,660 shares during the period.

Kayne Anderson Energy Infrastructure Fund Trading Down 1.4 %

KYN stock traded down $0.14 during mid-day trading on Monday, reaching $9.76. The company’s stock had a trading volume of 399,797 shares, compared to its average volume of 499,194. Kayne Anderson Energy Infrastructure Fund, Inc. has a 12 month low of $7.85 and a 12 month high of $10.15. The business’s 50 day moving average price is $9.75 and its 200 day moving average price is $9.13.

Kayne Anderson Energy Infrastructure Fund Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, April 12th. Stockholders of record on Friday, April 5th were paid a $0.22 dividend. The ex-dividend date of this dividend was Thursday, April 4th. This represents a $0.88 annualized dividend and a dividend yield of 9.02%.

Kayne Anderson Energy Infrastructure Fund Company Profile

(Free Report)

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.

Featured Stories

Want to see what other hedge funds are holding KYN? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Kayne Anderson Energy Infrastructure Fund, Inc. (NYSE:KYNFree Report).

Institutional Ownership by Quarter for Kayne Anderson Energy Infrastructure Fund (NYSE:KYN)

Receive News & Ratings for Kayne Anderson Energy Infrastructure Fund Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Kayne Anderson Energy Infrastructure Fund and related companies with MarketBeat.com's FREE daily email newsletter.