HB Wealth Management LLC Takes Position in Kayne Anderson Energy Infrastructure Fund, Inc. (NYSE:KYN)

HB Wealth Management LLC acquired a new stake in Kayne Anderson Energy Infrastructure Fund, Inc. (NYSE:KYN) during the 4th quarter, Holdings Channel reports. The institutional investor acquired 157,972 shares of the financial services provider’s stock, valued at approximately $2,008,000.

Several other hedge funds also recently bought and sold shares of the business. Cetera Investment Advisers grew its position in Kayne Anderson Energy Infrastructure Fund by 0.9% in the 2nd quarter. Cetera Investment Advisers now owns 5,923,852 shares of the financial services provider’s stock valued at $61,193,000 after acquiring an additional 51,554 shares during the last quarter. Advisors Asset Management Inc. lifted its holdings in shares of Kayne Anderson Energy Infrastructure Fund by 6.6% in the 3rd quarter. Advisors Asset Management Inc. now owns 1,914,673 shares of the financial services provider’s stock worth $21,061,000 after buying an additional 118,246 shares during the period. Stansberry Asset Management LLC lifted its holdings in shares of Kayne Anderson Energy Infrastructure Fund by 2.1% in the 3rd quarter. Stansberry Asset Management LLC now owns 1,156,505 shares of the financial services provider’s stock worth $12,722,000 after buying an additional 23,867 shares during the period. Stifel Financial Corp lifted its holdings in shares of Kayne Anderson Energy Infrastructure Fund by 10.9% in the 3rd quarter. Stifel Financial Corp now owns 909,058 shares of the financial services provider’s stock worth $10,000,000 after buying an additional 89,118 shares during the period. Finally, Cadent Capital Advisors LLC lifted its holdings in shares of Kayne Anderson Energy Infrastructure Fund by 3.1% in the 3rd quarter. Cadent Capital Advisors LLC now owns 903,432 shares of the financial services provider’s stock worth $9,938,000 after buying an additional 26,779 shares during the period.

Kayne Anderson Energy Infrastructure Fund Trading Up 1.0 %

Shares of KYN stock opened at $13.14 on Monday. Kayne Anderson Energy Infrastructure Fund, Inc. has a twelve month low of $8.35 and a twelve month high of $13.69. The stock has a fifty day simple moving average of $12.89 and a two-hundred day simple moving average of $11.65.

Insiders Place Their Bets

In related news, EVP Harrison James Little acquired 5,000 shares of the firm’s stock in a transaction that occurred on 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 purchase, the executive vice president now directly owns 5,000 shares of the company’s stock, valued at $65,200. This trade represents a ∞ increase in their position. The acquisition was disclosed in a document filed with the SEC, which can be accessed through this link.

Kayne Anderson Energy Infrastructure Fund Company Profile

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.