Insider Buying: Kayne Anderson Energy Infrastructure Fund (NYSE:KYN) CFO Buys 2,500 Shares of Stock

Kayne Anderson Energy Infrastructure Fund, Inc. (NYSE:KYN) CFO Austin Colby Parker purchased 2,500 shares of the firm’s stock in a transaction on Wednesday, May 13th. The stock was acquired at an average price of $13.99 per share, for a total transaction of $34,975.00. Following the completion of the transaction, the chief financial officer directly owned 14,623 shares of the company’s stock, valued at approximately $204,575.77. This trade represents a 20.62% increase in their position. The acquisition was disclosed in a legal filing with the SEC, which can be accessed through the SEC website.

Austin Colby Parker also recently made the following trade(s):

• On Wednesday, March 25th, Austin Colby Parker purchased 2,500 shares of Kayne Anderson Energy Infrastructure Fund stock. The stock was acquired at an average price of $14.32 per share, for a total transaction of $35,800.00.

Kayne Anderson Energy Infrastructure Fund Stock Up 0.1%

KYN traded up $0.02 during trading on Wednesday, hitting $14.04. The company’s stock had a trading volume of 182,113 shares, compared to its average volume of 450,332. Kayne Anderson Energy Infrastructure Fund, Inc. has a one year low of $11.31 and a one year high of $14.69. The business’s 50 day simple moving average is $13.90 and its 200-day simple moving average is $12.95.

Kayne Anderson Energy Infrastructure Fund Dividend Announcement

The company also recently disclosed a monthly dividend, which will be paid on Friday, May 29th. Stockholders of record on Friday, May 15th will be given a dividend of $0.085 per share. This represents a c) annualized dividend and a dividend yield of 7.3%. The ex-dividend date is Friday, May 15th.

Institutional Trading of Kayne Anderson Energy Infrastructure Fund

Institutional investors and hedge funds have recently modified their holdings of the company. Bessemer Group Inc. bought a new stake in shares of Kayne Anderson Energy Infrastructure Fund during the 3rd quarter valued at $31,000. Allworth Financial LP raised its position in shares of Kayne Anderson Energy Infrastructure Fund by 5,166.7% during the 4th quarter. Allworth Financial LP now owns 3,160 shares of the financial services provider’s stock valued at $39,000 after purchasing an additional 3,100 shares during the period. International Assets Investment Management LLC bought a new stake in shares of Kayne Anderson Energy Infrastructure Fund during the 4th quarter valued at $61,000. JPMorgan Chase & Co. raised its position in shares of Kayne Anderson Energy Infrastructure Fund by 114,616.7% during the 2nd quarter. JPMorgan Chase & Co. now owns 6,883 shares of the financial services provider’s stock valued at $88,000 after purchasing an additional 6,877 shares during the period. Finally, Brown Advisory Inc. bought a new stake in shares of Kayne Anderson Energy Infrastructure Fund during the 2nd quarter valued at $105,000.

About Kayne Anderson Energy Infrastructure Fund

The Kayne Anderson Energy Infrastructure Fund, Inc (NYSE: KYN) is a closed-end management investment company that focuses on energy infrastructure assets. The fund’s portfolio is primarily composed of equity securities of publicly traded partnerships—including master limited partnerships (MLPs)—and other energy-related companies. Key sectors in its midstream-oriented strategy include the transportation, storage, processing and distribution of natural gas, crude oil and refined products.

Since commencing operations in 2014, Kayne Anderson Energy Infrastructure Fund has pursued a dual objective of current income generation and long-term capital appreciation.