Kayne Anderson Energy Infrastructure Fund, Inc. (NYSE:KYN) President James C. Baker Purchases 20,000 Shares

Kayne Anderson Energy Infrastructure Fund, Inc. (NYSE:KYN) President James C. Baker purchased 20,000 shares of the company’s stock in a transaction on Friday, February 28th. The shares were bought at an average price of $12.60 per share, with a total value of $252,000.00. Following the completion of the transaction, the president now owns 700,939 shares of the company’s stock, valued at approximately $8,831,831.40. The trade was a 2.94 % increase in their ownership of the stock. The acquisition was disclosed in a document filed with the SEC, which can be accessed through this link.

Kayne Anderson Energy Infrastructure Fund Stock Performance

Shares of KYN stock opened at $12.39 on Thursday. The company has a 50 day moving average price of $12.99 and a 200 day moving average price of $12.25. Kayne Anderson Energy Infrastructure Fund, Inc. has a fifty-two week low of $9.24 and a fifty-two week high of $13.69.

Kayne Anderson Energy Infrastructure Fund Dividend Announcement

The firm also recently disclosed a monthly dividend, which will be paid on Monday, March 31st. Investors of record on Friday, March 14th will be issued a $0.08 dividend. This represents a $0.96 dividend on an annualized basis and a dividend yield of 7.75%. The ex-dividend date is Friday, March 14th.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in the business. Leigh Baldwin & CO. LLC acquired a new position in shares of Kayne Anderson Energy Infrastructure Fund in the fourth quarter valued at approximately $320,000. Griffith & Werner Inc. acquired a new position in shares of Kayne Anderson Energy Infrastructure Fund in the fourth quarter valued at approximately $206,000. Focus Partners Advisor Solutions LLC acquired a new position in shares of Kayne Anderson Energy Infrastructure Fund in the fourth quarter valued at approximately $1,441,000. Visionary Wealth Advisors grew its holdings in shares of Kayne Anderson Energy Infrastructure Fund by 19.4% in the fourth quarter. Visionary Wealth Advisors now owns 261,354 shares of the financial services provider’s stock valued at $3,322,000 after purchasing an additional 42,534 shares in the last quarter. Finally, Lazard Asset Management LLC grew its holdings in shares of Kayne Anderson Energy Infrastructure Fund by 29.4% in the fourth quarter. Lazard Asset Management LLC now owns 97,435 shares of the financial services provider’s stock valued at $1,238,000 after purchasing an additional 22,111 shares in the last quarter.

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.