FSA Wealth Management LLC bought a new stake in shares of Kayne Anderson Energy Infrastructure Fund, Inc. (NYSE:KYN – Free Report) during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm bought 3,000 shares of the financial services provider’s stock, valued at approximately $33,000.
Other large investors have also modified their holdings of the company. Comerica Bank boosted its stake in shares of Kayne Anderson Energy Infrastructure Fund by 11.9% during the first quarter. Comerica Bank now owns 65,751 shares of the financial services provider’s stock valued at $658,000 after purchasing an additional 6,994 shares in the last quarter. Cetera Advisors LLC bought a new stake in Kayne Anderson Energy Infrastructure Fund during the 1st quarter valued at $137,000. Transcend Capital Advisors LLC increased its holdings in shares of Kayne Anderson Energy Infrastructure Fund by 18.4% in the 2nd quarter. Transcend Capital Advisors LLC now owns 19,336 shares of the financial services provider’s stock valued at $200,000 after acquiring an additional 3,000 shares during the period. Bay Colony Advisory Group Inc d b a Bay Colony Advisors raised its position in shares of Kayne Anderson Energy Infrastructure Fund by 20.4% in the 2nd quarter. Bay Colony Advisory Group Inc d b a Bay Colony Advisors now owns 15,706 shares of the financial services provider’s stock worth $162,000 after acquiring an additional 2,661 shares in the last quarter. Finally, Secure Asset Management LLC purchased a new stake in shares of Kayne Anderson Energy Infrastructure Fund during the 2nd quarter worth $955,000.
Insider Transactions at Kayne Anderson Energy Infrastructure Fund
In other Kayne Anderson Energy Infrastructure Fund news, major shareholder Metlife Investment Management, bought 280,000 shares of the company’s stock in a transaction that occurred on Wednesday, September 18th. The shares were purchased at an average cost of $25.00 per share, for a total transaction of $7,000,000.00. Following the purchase, the insider now directly owns 280,000 shares in the company, valued at $7,000,000. This represents a ∞ increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink.
Kayne Anderson Energy Infrastructure Fund Stock Up 1.3 %
Kayne Anderson Energy Infrastructure Fund Announces Dividend
The company also recently declared a monthly dividend, which will be paid on Tuesday, December 31st. Stockholders of record on Monday, December 16th will be issued a $0.08 dividend. This represents a $0.96 dividend on an annualized basis and a dividend yield of 7.02%. The ex-dividend date is Monday, December 16th.
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.
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