Concurrent Investment Advisors LLC Lowers Position in Kayne Anderson Energy Infrastructure Fund, Inc. (NYSE:KYN)

Concurrent Investment Advisors LLC decreased its holdings in shares of Kayne Anderson Energy Infrastructure Fund, Inc. (NYSE:KYN) by 29.8% during the fourth quarter, according to its most recent filing with the SEC. The firm owned 11,895 shares of the financial services provider’s stock after selling 5,039 shares during the period. Concurrent Investment Advisors LLC’s holdings in Kayne Anderson Energy Infrastructure Fund were worth $151,000 at the end of the most recent reporting period.

Several other large investors have also modified their holdings of the business. Advyzon Investment Management LLC purchased a new position in shares of Kayne Anderson Energy Infrastructure Fund in the 4th quarter worth approximately $341,000. Truist Financial Corp boosted its stake in Kayne Anderson Energy Infrastructure Fund by 4.6% in the fourth quarter. Truist Financial Corp now owns 57,207 shares of the financial services provider’s stock valued at $727,000 after acquiring an additional 2,533 shares in the last quarter. Pure Portfolios Holdings LLC grew its holdings in Kayne Anderson Energy Infrastructure Fund by 11.4% in the fourth 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 last quarter. Powell Investment Advisors LLC acquired a new position in shares of Kayne Anderson Energy Infrastructure Fund during the fourth quarter worth $136,000. Finally, Kestra Private Wealth Services LLC raised its stake in Kayne Anderson Energy Infrastructure Fund by 8.3% in the 4th quarter. Kestra Private Wealth Services LLC now owns 103,585 shares of the financial services provider’s stock worth $1,317,000 after acquiring an additional 7,963 shares during the last quarter.

Kayne Anderson Energy Infrastructure Fund Price Performance

Kayne Anderson Energy Infrastructure Fund stock opened at $12.57 on Thursday. Kayne Anderson Energy Infrastructure Fund, Inc. has a 52 week low of $9.01 and a 52 week high of $13.69. The stock has a 50-day moving average price of $12.95 and a 200 day moving average price of $12.18.

Kayne Anderson Energy Infrastructure Fund Announces Dividend

The business also recently disclosed a monthly dividend, which will be paid on Friday, February 28th. Stockholders of record on Friday, February 14th will be issued a $0.08 dividend. The ex-dividend date of this dividend is Friday, February 14th. This represents a $0.96 annualized dividend and a dividend yield of 7.64%.

Insider Transactions at Kayne Anderson Energy Infrastructure Fund

In related news, EVP Harrison James Little purchased 5,000 shares of the company’s stock in a transaction that occurred on Friday, January 17th. The shares were purchased at an average price of $13.04 per share, with a total value of $65,200.00. Following the purchase, the executive vice president now owns 5,000 shares of the company’s stock, valued at $65,200. The trade was a ∞ increase in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink.

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.