Kayne Anderson NextGen Energy & Infrastructure (NYSE:KMF) Stock Price Crosses Above 200 Day Moving Average of $7.88

Kayne Anderson NextGen Energy & Infrastructure, Inc. (NYSE:KMF – Get Rating)’s stock price passed above its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of $7.88 and traded as high as $7.95. Kayne Anderson NextGen Energy & Infrastructure shares last traded at $7.89, with a volume of 183,737 shares trading hands.

Kayne Anderson NextGen Energy & Infrastructure Price Performance

The firm’s 50 day moving average price is $7.67 and its two-hundred day moving average price is $7.88.

Kayne Anderson NextGen Energy & Infrastructure Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, January 11th. Shareholders of record on Wednesday, January 4th were paid a dividend of $0.16 per share. The ex-dividend date of this dividend was Tuesday, January 3rd. This represents a $0.64 dividend on an annualized basis and a yield of 8.11%.

Institutional Trading of Kayne Anderson NextGen Energy & Infrastructure

Hedge funds and other institutional investors have recently bought and sold shares of the business. SRS Capital Advisors Inc. bought a new stake in Kayne Anderson NextGen Energy & Infrastructure during the 2nd quarter valued at $39,000. Virtu Financial LLC bought a new stake in Kayne Anderson NextGen Energy & Infrastructure during the 3rd quarter valued at $97,000. Rockefeller Capital Management L.P. increased its stake in Kayne Anderson NextGen Energy & Infrastructure by 20.8% during the 3rd quarter. Rockefeller Capital Management L.P. now owns 17,230 shares of the closed-end fund’s stock valued at $121,000 after purchasing an additional 2,968 shares in the last quarter. Guggenheim Capital LLC increased its stake in Kayne Anderson NextGen Energy & Infrastructure by 15.0% during the 3rd quarter. Guggenheim Capital LLC now owns 17,849 shares of the closed-end fund’s stock valued at $126,000 after purchasing an additional 2,329 shares in the last quarter. Finally, Janney Montgomery Scott LLC bought a new stake in Kayne Anderson NextGen Energy & Infrastructure during the 3rd quarter valued at $159,000.

Kayne Anderson NextGen Energy & Infrastructure Company Profile

(Get Rating)

Kayne Anderson NextGen Energy & Infrastructure, Inc is a closed-end management investment company. The firm focuses in securities of companies in the midstream and energy sector, consisting of Midstream Master Limited Partnerships (MLPs), Midstream Companies, Other MLPs, and Other Energy Companies. It intends to provide a high level of total return with an emphasis on making quarterly cash distributions to its stockholders.