Kestra Private Wealth Services LLC Grows Position in Kayne Anderson Energy Infrastructure Fund, Inc. (NYSE:KYN)

Kestra Private Wealth Services LLC raised its holdings in Kayne Anderson Energy Infrastructure Fund, Inc. (NYSE:KYNGet Rating) by 237.9% during the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 41,915 shares of the financial services provider’s stock after acquiring an additional 29,511 shares during the period. Kestra Private Wealth Services LLC’s holdings in Kayne Anderson Energy Infrastructure Fund were worth $386,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Bridgewater Advisors Inc. raised its holdings in shares of Kayne Anderson Energy Infrastructure Fund by 2.2% in the 1st quarter. Bridgewater Advisors Inc. now owns 181,225 shares of the financial services provider’s stock valued at $1,671,000 after acquiring an additional 3,880 shares in the last quarter. 180 Wealth Advisors LLC purchased a new stake in shares of Kayne Anderson Energy Infrastructure Fund in the 1st quarter valued at about $319,000. National Bank of Canada FI purchased a new stake in shares of Kayne Anderson Energy Infrastructure Fund in the 1st quarter valued at about $55,000. Hightower 6M Holding LLC purchased a new stake in shares of Kayne Anderson Energy Infrastructure Fund in the 1st quarter valued at about $1,562,000. Finally, Allspring Global Investments Holdings LLC purchased a new stake in shares of Kayne Anderson Energy Infrastructure Fund in the 1st quarter valued at about $1,376,000.

Kayne Anderson Energy Infrastructure Fund Stock Down 1.5 %

NYSE:KYN opened at $9.16 on Wednesday. The business’s 50-day moving average price is $9.09 and its two-hundred day moving average price is $8.98. Kayne Anderson Energy Infrastructure Fund, Inc. has a twelve month low of $7.26 and a twelve month high of $9.83.

Kayne Anderson Energy Infrastructure Fund Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, July 12th. Stockholders of record on Tuesday, July 5th were given a dividend of $0.20 per share. The ex-dividend date was Friday, July 1st. This represents a $0.80 annualized dividend and a dividend yield of 8.73%.

Insider Activity

In other news, major shareholder Life Insurance Co Principal acquired 120,000 shares of Kayne Anderson Energy Infrastructure Fund stock in a transaction dated Tuesday, August 2nd. The shares were purchased at an average cost of $25.00 per share, for a total transaction of $3,000,000.00. Following the transaction, the insider now owns 646,973 shares of the company’s stock, valued at $16,174,325. The purchase was disclosed in a legal filing with the SEC, which is accessible through this hyperlink.

Kayne Anderson Energy Infrastructure Fund Profile

(Get Rating)

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.

Further Reading

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Institutional Ownership by Quarter for Kayne Anderson Energy Infrastructure Fund (NYSE:KYN)

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