Kayne Anderson Energy Infrastructure Fund, Inc. $KYN Shares Sold by Cetera Investment Advisers

Cetera Investment Advisers reduced its position in Kayne Anderson Energy Infrastructure Fund, Inc. (NYSE:KYN) by 0.6% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 5,422,353 shares of the financial services provider’s stock after selling 30,555 shares during the period. Cetera Investment Advisers’ holdings in Kayne Anderson Energy Infrastructure Fund were worth $68,972,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors also recently bought and sold shares of the company. Cerity Partners LLC increased its holdings in shares of Kayne Anderson Energy Infrastructure Fund by 4.1% in the first quarter. Cerity Partners LLC now owns 22,323 shares of the financial services provider’s stock valued at $286,000 after purchasing an additional 881 shares during the last quarter. CWM LLC boosted its position in shares of Kayne Anderson Energy Infrastructure Fund by 39.3% during the 1st quarter. CWM LLC now owns 3,307 shares of the financial services provider’s stock worth $42,000 after acquiring an additional 933 shares in the last quarter. Kestra Private Wealth Services LLC boosted its stake in Kayne Anderson Energy Infrastructure Fund by 29.1% in the first quarter. Kestra Private Wealth Services LLC now owns 133,706 shares of the financial services provider’s stock valued at $1,715,000 after acquiring an additional 30,121 shares in the last quarter. Edgemoor Investment Advisors Inc. increased its holdings in shares of Kayne Anderson Energy Infrastructure Fund by 3.9% in the 1st quarter. Edgemoor Investment Advisors Inc. now owns 151,209 shares of the financial services provider’s stock valued at $1,940,000 after acquiring an additional 5,650 shares during the period. Finally, LPL Financial LLC increased its holdings in shares of Kayne Anderson Energy Infrastructure Fund by 7.7% in the first quarter. LPL Financial LLC now owns 323,887 shares of the financial services provider’s stock valued at $4,155,000 after purchasing an additional 23,098 shares during the period.

Insiders Place Their Bets

In related news, Director Michael N. Mears bought 10,000 shares of the company’s stock in a transaction on Monday, October 6th. The shares were purchased at an average cost of $12.24 per share, with a total value of $122,400.00. Following the completion of the transaction, the director directly owned 10,000 shares of the company’s stock, valued at approximately $122,400. This represents a ∞ increase in their ownership of the stock. The acquisition was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, President James C. Baker bought 25,000 shares of the firm’s stock in a transaction that occurred on Wednesday, August 20th. The shares were purchased at an average cost of $12.20 per share, with a total value of $305,000.00. Following the purchase, the president directly owned 836,040 shares of the company’s stock, valued at approximately $10,199,688. This represents a 3.08% increase in their ownership of the stock. The SEC filing for this purchase provides additional information. Over the last three months, insiders have acquired 38,550 shares of company stock valued at $470,660.

Kayne Anderson Energy Infrastructure Fund Stock Performance

KYN opened at $12.05 on Friday. The stock’s 50 day simple moving average is $11.96 and its 200 day simple moving average is $12.19. Kayne Anderson Energy Infrastructure Fund, Inc. has a 1-year low of $9.82 and a 1-year high of $13.69.

Kayne Anderson Energy Infrastructure Fund Announces Dividend

The business also recently declared a monthly dividend, which will be paid on Friday, November 28th. Stockholders of record on Friday, November 14th will be given a dividend of $0.08 per share. The ex-dividend date of this dividend is Friday, November 14th. This represents a c) dividend on an annualized basis and a dividend yield of 8.0%.

Kayne Anderson Energy Infrastructure Fund 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.