Mengis Capital Management Inc. Makes New Investment in Kayne Anderson Energy Infrastructure Fund, Inc. (NYSE:KYN)

Mengis Capital Management Inc. purchased a new position in Kayne Anderson Energy Infrastructure Fund, Inc. (NYSE:KYN) in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 10,043 shares of the financial services provider’s stock, valued at approximately $128,000.

Several other institutional investors have also modified their holdings of KYN. FSA Wealth Management LLC acquired a new position in shares of Kayne Anderson Energy Infrastructure Fund in the third quarter worth $33,000. Concorde Asset Management LLC acquired a new position in shares of Kayne Anderson Energy Infrastructure Fund in the third quarter worth $126,000. Means Investment CO. Inc. acquired a new position in shares of Kayne Anderson Energy Infrastructure Fund in the fourth quarter worth $127,000. Intellectus Partners LLC grew its stake in shares of Kayne Anderson Energy Infrastructure Fund by 9.3% in the third quarter. Intellectus Partners LLC now owns 11,750 shares of the financial services provider’s stock worth $132,000 after acquiring an additional 1,000 shares in the last quarter. Finally, Powell Investment Advisors LLC acquired a new position in shares of Kayne Anderson Energy Infrastructure Fund in the fourth quarter worth $136,000.

Kayne Anderson Energy Infrastructure Fund Stock Performance

NYSE:KYN opened at $12.56 on Wednesday. The company has a fifty day simple moving average of $12.94 and a two-hundred day simple moving average of $12.17. Kayne Anderson Energy Infrastructure Fund, Inc. has a 52 week low of $9.01 and a 52 week high of $13.69.

Kayne Anderson Energy Infrastructure Fund Announces Dividend

The company also recently announced a monthly dividend, which will be paid on Friday, February 28th. Investors of record on Friday, February 14th will be paid a dividend of $0.08 per share. The ex-dividend date of this dividend is Friday, February 14th. This represents a $0.96 dividend on an annualized basis and a dividend yield of 7.64%.

Insider Buying and Selling

In other news, EVP Harrison James Little bought 5,000 shares of the stock in a transaction that occurred on Friday, January 17th. The stock was purchased at an average price of $13.04 per share, for a total transaction of $65,200.00. Following the completion of the purchase, the executive vice president now owns 5,000 shares in the company, valued at approximately $65,200. This trade represents a ∞ increase in their position. The purchase was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.

Kayne Anderson Energy Infrastructure Fund Company 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.