Insider Buying: Kayne Anderson Energy Infrastructure Fund (NYSE:KYN) EVP Acquires $51,519.00 in Stock

Kayne Anderson Energy Infrastructure Fund, Inc. (NYSE:KYN) EVP Harrison Little bought 3,900 shares of the firm’s stock in a transaction on Thursday, November 5th. The shares were purchased at an average price of $13.21 per share, for a total transaction of $51,519.00. Following the purchase, the executive vice president owned 25,453 shares in the company, valued at $336,234.13. This trade represents a 18.09% increase in their position. The purchase was disclosed in a document filed with the SEC, which is available at the SEC website.

Kayne Anderson Energy Infrastructure Fund Stock Up 0.0%

Shares of NYSE:KYN opened at $13.20 on Monday. Kayne Anderson Energy Infrastructure Fund, Inc. has a 1-year low of $11.44 and a 1-year high of $15.17. The firm’s 50 day simple moving average is $14.29 and its two-hundred day simple moving average is $14.05.

Kayne Anderson Energy Infrastructure Fund Dividend Announcement

The company also recently disclosed a monthly dividend, which will be paid on Monday, November 30th. Stockholders of record on Monday, November 16th will be paid a $0.0950 dividend. The ex-dividend date of this dividend is Monday, November 16th. This represents a $1.14 dividend on an annualized basis and a dividend yield of 8.6%.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of the company. Lido Advisors LLC purchased a new position in Kayne Anderson Energy Infrastructure Fund in the 3rd quarter worth approximately $1,486,000. Csenge Advisory Group grew its holdings in Kayne Anderson Energy Infrastructure Fund by 8.1% during the 3rd quarter. Csenge Advisory Group now owns 20,850 shares of the financial services provider’s stock valued at $284,000 after buying an additional 1,556 shares in the last quarter. Allspring Global Investments Holdings LLC grew its holdings in Kayne Anderson Energy Infrastructure Fund by 6.2% during the 3rd quarter. Allspring Global Investments Holdings LLC now owns 111,871 shares of the financial services provider’s stock valued at $1,521,000 after buying an additional 6,501 shares in the last quarter. Edgemoor Investment Advisors Inc. raised its position in shares of Kayne Anderson Energy Infrastructure Fund by 1.2% during the third quarter. Edgemoor Investment Advisors Inc. now owns 188,533 shares of the financial services provider’s stock valued at $2,564,000 after buying an additional 2,225 shares during the last quarter. Finally, Uhlmann Price Securities LLC raised its position in shares of Kayne Anderson Energy Infrastructure Fund by 5.5% during the third quarter. Uhlmann Price Securities LLC now owns 48,313 shares of the financial services provider’s stock valued at $657,000 after buying an additional 2,538 shares during the last quarter.

About Kayne Anderson Energy Infrastructure Fund

Kayne Anderson Energy Infrastructure Fund (NYSE: KYN) is a publicly traded closed-end investment company focused on the energy infrastructure sector. The fund invests primarily in companies that own or operate infrastructure used to gather, process, transport, store and distribute energy, including master limited partnerships (MLPs) and publicly traded corporations.

KYN’s portfolio may include midstream energy businesses involved in oil, natural gas and natural gas liquids, as well as companies participating in related infrastructure and energy-transition activities.