Nicholas Hoffman & Company LLC. Acquires New Position in Kayne Anderson Energy Infrastructure Fund, Inc. (NYSE:KYN)

Nicholas Hoffman & Company LLC. bought a new position in shares of Kayne Anderson Energy Infrastructure Fund, Inc. (NYSE:KYN) in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund bought 22,153 shares of the financial services provider’s stock, valued at approximately $195,000.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the business. Tanglewood Legacy Advisors LLC purchased a new stake in shares of Kayne Anderson Energy Infrastructure Fund during the fourth quarter worth about $29,000. Chilton Capital Management LLC purchased a new stake in shares of Kayne Anderson Energy Infrastructure Fund during the first quarter worth about $69,000. Private Advisor Group LLC purchased a new stake in shares of Kayne Anderson Energy Infrastructure Fund during the first quarter worth about $92,000. Virtu Financial LLC purchased a new stake in shares of Kayne Anderson Energy Infrastructure Fund during the fourth quarter worth about $87,000. Finally, First National Bank of Mount Dora Trust Investment Services purchased a new stake in shares of Kayne Anderson Energy Infrastructure Fund during the fourth quarter worth about $91,000.

Kayne Anderson Energy Infrastructure Fund Stock Performance

Kayne Anderson Energy Infrastructure Fund stock opened at $9.70 on Monday. Kayne Anderson Energy Infrastructure Fund, Inc. has a 1 year low of $7.84 and a 1 year high of $10.15. The firm has a 50 day moving average price of $9.43 and a 200 day moving average price of $8.82.

Kayne Anderson Energy Infrastructure Fund Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, April 12th. Investors of record on Friday, April 5th were issued a $0.22 dividend. The ex-dividend date of this dividend was Thursday, April 4th. This represents a $0.88 dividend on an annualized basis and a yield of 9.07%.

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.