James C. Baker Acquires 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 acquired 25,000 shares of Kayne Anderson Energy Infrastructure Fund stock in a transaction that occurred on Friday, April 4th. The shares were purchased at an average cost of $11.41 per share, with a total value of $285,250.00. Following the transaction, the president now owns 761,040 shares of the company’s stock, valued at approximately $8,683,466.40. The trade was a 3.40 % increase in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website.

Kayne Anderson Energy Infrastructure Fund Stock Down 2.6 %

KYN opened at $10.53 on Wednesday. Kayne Anderson Energy Infrastructure Fund, Inc. has a fifty-two week low of $9.29 and a fifty-two week high of $13.69. The business has a 50-day moving average of $12.64 and a 200-day moving average of $12.53.

Kayne Anderson Energy Infrastructure Fund Announces Dividend

The firm also recently announced 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 is Tuesday, April 15th.

Institutional Trading of Kayne Anderson Energy Infrastructure Fund

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

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.