Argentarii LLC Purchases Shares of 31,674 Kayne Anderson Energy Infrastructure Fund, Inc. (NYSE:KYN)

Argentarii LLC purchased a new stake in Kayne Anderson Energy Infrastructure Fund, Inc. (NYSE:KYN) during the 4th quarter, Holdings Channel.com reports. The firm purchased 31,674 shares of the financial services provider’s stock, valued at approximately $403,000.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. FSA Wealth Management LLC acquired a new stake in shares of Kayne Anderson Energy Infrastructure Fund in the 3rd quarter valued at about $33,000. Concorde Asset Management LLC acquired a new stake in shares of Kayne Anderson Energy Infrastructure Fund in the third quarter valued at about $126,000. Means Investment CO. Inc. acquired a new stake in shares of Kayne Anderson Energy Infrastructure Fund in the fourth quarter valued at about $127,000. Mengis Capital Management Inc. acquired a new stake in shares of Kayne Anderson Energy Infrastructure Fund in the fourth quarter valued at about $128,000. Finally, Intellectus Partners LLC increased its position 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 valued at $132,000 after acquiring an additional 1,000 shares during the last quarter.

Insider Activity at Kayne Anderson Energy Infrastructure Fund

In related news, President James C. Baker bought 20,000 shares of the stock in a transaction that occurred on Friday, February 28th. The shares were acquired at an average price of $12.60 per share, with a total value of $252,000.00. Following the completion of the transaction, the president now owns 700,939 shares in the company, valued at $8,831,831.40. The trade was a 2.94 % increase in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, EVP Harrison James Little purchased 5,000 shares of Kayne Anderson Energy Infrastructure Fund stock in a transaction that occurred on Friday, January 17th. The shares were acquired at an average price of $13.04 per share, with a total value of $65,200.00. Following the acquisition, the executive vice president now directly owns 5,000 shares of the company’s stock, valued at $65,200. This trade represents a ∞ increase in their position. The disclosure for this purchase can be found here.

Kayne Anderson Energy Infrastructure Fund Stock Up 1.8 %

NYSE:KYN opened at $12.18 on Friday. The stock’s 50-day simple moving average is $12.98 and its 200 day simple moving average is $12.27. Kayne Anderson Energy Infrastructure Fund, Inc. has a 52-week low of $9.29 and a 52-week high of $13.69.

Kayne Anderson Energy Infrastructure Fund Announces Dividend

The business also recently announced a monthly dividend, which will be paid on Monday, March 31st. Investors of record on Friday, March 14th will be given a $0.08 dividend. This represents a $0.96 dividend on an annualized basis and a dividend yield of 7.89%. The ex-dividend date of this dividend is Friday, March 14th.

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.