US Bancorp DE Has $481,000 Stake in Kayne Anderson Energy Infrastructure Fund, Inc. (NYSE:KYN)

US Bancorp DE decreased its holdings in shares of Kayne Anderson Energy Infrastructure Fund, Inc. (NYSE:KYN – Get Rating) by 5.3% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 59,356 shares of the financial services provider’s stock after selling 3,300 shares during the quarter. US Bancorp DE’s holdings in Kayne Anderson Energy Infrastructure Fund were worth $481,000 at the end of the most recent quarter.

Several other hedge funds have also recently added to or reduced their stakes in KYN. Envestnet Asset Management Inc. boosted its stake in Kayne Anderson Energy Infrastructure Fund by 48.8% during the 1st quarter. Envestnet Asset Management Inc. now owns 19,391 shares of the financial services provider’s stock valued at $179,000 after purchasing an additional 6,362 shares during the period. Cambridge Investment Research Advisors Inc. boosted its stake in Kayne Anderson Energy Infrastructure Fund by 17.3% during the 1st quarter. Cambridge Investment Research Advisors Inc. now owns 45,541 shares of the financial services provider’s stock valued at $420,000 after purchasing an additional 6,711 shares during the period. HighTower Advisors LLC boosted its stake in Kayne Anderson Energy Infrastructure Fund by 250.4% during the 1st quarter. HighTower Advisors LLC now owns 100,882 shares of the financial services provider’s stock valued at $932,000 after purchasing an additional 72,089 shares during the period. Private Advisor Group LLC bought a new stake in Kayne Anderson Energy Infrastructure Fund during the 1st quarter valued at approximately $92,000. Finally, PNC Financial Services Group Inc. boosted its stake in Kayne Anderson Energy Infrastructure Fund by 10.1% during the 1st quarter. PNC Financial Services Group Inc. now owns 23,596 shares of the financial services provider’s stock valued at $217,000 after purchasing an additional 2,165 shares during the period.

Kayne Anderson Energy Infrastructure Fund Stock Performance

Shares of NYSE:KYN opened at $9.17 on Monday. The business has a 50 day moving average price of $8.72 and a 200 day moving average price of $8.80. Kayne Anderson Energy Infrastructure Fund, Inc. has a twelve month low of $7.54 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 Wednesday, January 11th. Shareholders of record on Wednesday, January 4th were given a $0.20 dividend. The ex-dividend date was Tuesday, January 3rd. This represents a $0.80 dividend on an annualized basis and a dividend yield of 8.72%.

About Kayne Anderson Energy Infrastructure Fund

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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.