Kayne Anderson Energy Infrastructure Fund, Inc. (NYSE:KYN) Shares Purchased by Moloney Securities Asset Management LLC

Moloney Securities Asset Management LLC raised its holdings in shares of Kayne Anderson Energy Infrastructure Fund, Inc. (NYSE:KYN) by 4.2% during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 86,582 shares of the financial services provider’s stock after buying an additional 3,491 shares during the period. Moloney Securities Asset Management LLC’s holdings in Kayne Anderson Energy Infrastructure Fund were worth $952,000 at the end of the most recent reporting period.

A number of other institutional investors have also made changes to their positions in the company. Princeton Global Asset Management LLC lifted its position in shares of Kayne Anderson Energy Infrastructure Fund by 21.4% during the third quarter. Princeton Global Asset Management LLC now owns 13,350 shares of the financial services provider’s stock worth $147,000 after purchasing an additional 2,350 shares in the last quarter. US Bancorp DE lifted its position in shares of Kayne Anderson Energy Infrastructure Fund by 4.3% during the third quarter. US Bancorp DE now owns 51,732 shares of the financial services provider’s stock worth $569,000 after purchasing an additional 2,149 shares in the last quarter. Pinnacle Associates Ltd. lifted its position in shares of Kayne Anderson Energy Infrastructure Fund by 7.4% during the third quarter. Pinnacle Associates Ltd. now owns 31,407 shares of the financial services provider’s stock worth $345,000 after purchasing an additional 2,174 shares in the last quarter. PFG Investments LLC lifted its position in shares of Kayne Anderson Energy Infrastructure Fund by 66.4% during the third quarter. PFG Investments LLC now owns 49,404 shares of the financial services provider’s stock worth $543,000 after purchasing an additional 19,707 shares in the last quarter. Finally, International Assets Investment Management LLC lifted its position in shares of Kayne Anderson Energy Infrastructure Fund by 1,017.7% during the third quarter. International Assets Investment Management LLC now owns 50,094 shares of the financial services provider’s stock worth $551,000 after purchasing an additional 45,612 shares in the last quarter.

Kayne Anderson Energy Infrastructure Fund Price Performance

NYSE KYN opened at $11.93 on Wednesday. The company’s fifty day simple moving average is $11.28 and its 200-day simple moving average is $10.56. Kayne Anderson Energy Infrastructure Fund, Inc. has a 52 week low of $7.97 and a 52 week high of $11.96.

Kayne Anderson Energy Infrastructure Fund Dividend Announcement

The business also recently declared a monthly dividend, which will be paid on Friday, November 29th. Investors of record on Friday, November 15th will be paid a $0.08 dividend. The ex-dividend date is Friday, November 15th. This represents a $0.96 dividend on an annualized basis and a dividend yield of 8.05%.

Insider Buying and Selling

In related news, major shareholder Metlife Investment Management, purchased 280,000 shares of the company’s stock in a transaction that occurred on Wednesday, September 18th. The stock was acquired at an average price of $25.00 per share, for a total transaction of $7,000,000.00. Following the completion of the purchase, the insider now owns 280,000 shares in the company, valued at approximately $7,000,000. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed 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.