Thrivent Financial for Lutherans Invests $232,000 in Kayne Anderson Energy Infrastructure Fund, Inc. (NYSE:KYN)

Thrivent Financial for Lutherans acquired a new position in Kayne Anderson Energy Infrastructure Fund, Inc. (NYSE:KYN) during the fourth quarter, Holdings Channel reports. The firm acquired 18,239 shares of the financial services provider’s stock, valued at approximately $232,000.

Several other large investors also recently added to or reduced their stakes in KYN. Means Investment CO. Inc. purchased a new stake in shares of Kayne Anderson Energy Infrastructure Fund in the 4th quarter valued at about $127,000. Mengis Capital Management Inc. bought a new position in shares of Kayne Anderson Energy Infrastructure Fund in the fourth quarter worth approximately $128,000. Powell Investment Advisors LLC purchased a new stake in Kayne Anderson Energy Infrastructure Fund in the fourth quarter valued at approximately $136,000. Glenmede Trust Co. NA bought a new stake in Kayne Anderson Energy Infrastructure Fund during the third quarter valued at approximately $146,000. Finally, Intellectus Partners LLC grew its stake in Kayne Anderson Energy Infrastructure Fund by 12.8% in the 4th 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 in the last quarter.

Kayne Anderson Energy Infrastructure Fund Price Performance

Shares of NYSE:KYN opened at $11.35 on Friday. The company’s fifty day moving average price is $12.79 and its 200-day moving average price is $12.52. Kayne Anderson Energy Infrastructure Fund, Inc. has a one year low of $9.29 and a one year high of $13.69.

Kayne Anderson Energy Infrastructure Fund Announces Dividend

The company also recently declared a monthly dividend, which will be paid on Wednesday, April 30th. Shareholders of record on Tuesday, April 15th will be given a dividend of $0.08 per share. The ex-dividend date is Tuesday, April 15th. This represents a $0.96 dividend on an annualized basis and a yield of 8.46%.

Insiders Place Their Bets

In other Kayne Anderson Energy Infrastructure Fund news, EVP Harrison James Little acquired 5,000 shares of the stock in a transaction dated Friday, January 17th. The stock was purchased at an average cost of $13.04 per share, for a total transaction of $65,200.00. Following the acquisition, the executive vice president now owns 5,000 shares in the company, valued at $65,200. The trade was a ∞ increase in their position. The acquisition was disclosed in a legal filing with the SEC, which is available at this link. Also, President James C. Baker acquired 20,000 shares of the business’s stock in a transaction dated Friday, February 28th. The stock was acquired at an average cost of $12.60 per share, with a total value of $252,000.00. Following the purchase, the president now directly owns 700,939 shares in the company, valued at $8,831,831.40. This represents a 2.94 % increase in their position. The disclosure for this purchase can be found here. Insiders bought a total of 45,000 shares of company stock valued at $562,600 over the last 90 days.

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.