Nwam LLC Trims Stake in Kayne Anderson Energy Infrastructure Fund, Inc. (NYSE:KYN)

Nwam LLC reduced its stake in shares of Kayne Anderson Energy Infrastructure Fund, Inc. (NYSE:KYN) by 29.9% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 100,706 shares of the financial services provider’s stock after selling 42,957 shares during the quarter. Nwam LLC’s holdings in Kayne Anderson Energy Infrastructure Fund were worth $1,280,000 at the end of the most recent reporting period.

Several other institutional investors also recently bought and sold shares of the stock. FSA Wealth Management LLC acquired a new position in shares of Kayne Anderson Energy Infrastructure Fund in the 3rd quarter valued at $33,000. Concorde Asset Management LLC acquired a new stake in Kayne Anderson Energy Infrastructure Fund during the third quarter valued at $126,000. Means Investment CO. Inc. purchased a new position in Kayne Anderson Energy Infrastructure Fund in the fourth quarter valued at $127,000. Mengis Capital Management Inc. acquired a new position in shares of Kayne Anderson Energy Infrastructure Fund in the fourth quarter worth about $128,000. Finally, Intellectus Partners LLC boosted its stake in shares of Kayne Anderson Energy Infrastructure Fund by 9.3% during the 3rd 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.

Kayne Anderson Energy Infrastructure Fund Stock Performance

NYSE:KYN opened at $12.40 on Friday. Kayne Anderson Energy Infrastructure Fund, Inc. has a 52 week low of $9.10 and a 52 week high of $13.69. The stock’s 50-day moving average price is $12.96 and its 200-day moving average price is $12.18.

Kayne Anderson Energy Infrastructure Fund Announces Dividend

The firm also recently disclosed a monthly dividend, which will be paid on Friday, February 28th. Stockholders of record on Friday, February 14th will be given a $0.08 dividend. This represents a $0.96 dividend on an annualized basis and a dividend yield of 7.74%. The ex-dividend date of this dividend is Friday, February 14th.

Insider Activity

In related news, EVP Harrison James Little bought 5,000 shares of the business’s stock in a transaction dated Friday, January 17th. The stock was acquired at an average price of $13.04 per share, with a total value of $65,200.00. Following the completion of the purchase, the executive vice president now directly owns 5,000 shares of the company’s stock, valued at approximately $65,200. This trade represents a ∞ increase in their ownership of the stock. The purchase was disclosed in a document filed with the SEC, which is available through the SEC website.

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.