Insider Buying: Kayne Anderson Energy Infrastructure Fund (NYSE:KYN) Director Buys $49,980.00 in Stock

Kayne Anderson Energy Infrastructure Fund, Inc. (NYSE:KYN) Director Carita Walker bought 3,400 shares of the stock in a transaction on Thursday, August 20th. The stock was purchased at an average cost of $14.70 per share, with a total value of $49,980.00. Following the acquisition, the director owned 3,400 shares in the company, valued at approximately $49,980. This represents a ∞ increase in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at the SEC website.

Kayne Anderson Energy Infrastructure Fund Trading Down 0.1%

Kayne Anderson Energy Infrastructure Fund stock opened at $14.59 on Monday. The stock has a 50-day moving average price of $14.25 and a two-hundred day moving average price of $14.02. Kayne Anderson Energy Infrastructure Fund, Inc. has a 12 month low of $11.31 and a 12 month high of $15.17.

Kayne Anderson Energy Infrastructure Fund Dividend Announcement

The firm also recently disclosed a monthly dividend, which will be paid on Monday, August 31st. Investors of record on Friday, August 14th will be issued a $0.09 dividend. This represents a c) dividend on an annualized basis and a yield of 7.4%. The ex-dividend date is Friday, August 14th.

Institutional Investors Weigh In On Kayne Anderson Energy Infrastructure Fund

A number of institutional investors have recently added to or reduced their stakes in the business. Ameritas Advisory Services LLC bought a new position in shares of Kayne Anderson Energy Infrastructure Fund during the second quarter valued at $193,000. Secure Asset Management LLC grew its stake in shares of Kayne Anderson Energy Infrastructure Fund by 1.0% in the second quarter. Secure Asset Management LLC now owns 79,697 shares of the financial services provider’s stock worth $1,102,000 after purchasing an additional 827 shares during the last quarter. Nwam LLC increased its holdings in Kayne Anderson Energy Infrastructure Fund by 16.5% in the second quarter. Nwam LLC now owns 95,617 shares of the financial services provider’s stock valued at $1,322,000 after purchasing an additional 13,569 shares during the period. Rivernorth Capital Management LLC increased its holdings in Kayne Anderson Energy Infrastructure Fund by 0.6% in the second quarter. Rivernorth Capital Management LLC now owns 697,198 shares of the financial services provider’s stock valued at $9,642,000 after purchasing an additional 4,302 shares during the period. Finally, Concorde Asset Management LLC bought a new position in Kayne Anderson Energy Infrastructure Fund during the 2nd quarter worth $639,000.

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.