Kayne Anderson Energy Infrastructure Fund, Inc. (NYSE:KYN) Holdings Raised by Bay Colony Advisory Group Inc d b a Bay Colony Advisors

Bay Colony Advisory Group Inc d b a Bay Colony Advisors boosted its stake in Kayne Anderson Energy Infrastructure Fund, Inc. (NYSE:KYN) by 15.1% in the fourth quarter, Holdings Channel reports. The institutional investor owned 18,552 shares of the financial services provider’s stock after acquiring an additional 2,432 shares during the quarter. Bay Colony Advisory Group Inc d b a Bay Colony Advisors’ holdings in Kayne Anderson Energy Infrastructure Fund were worth $236,000 as of its most recent SEC filing.

Several other hedge funds also recently modified their holdings of the business. Choreo LLC increased its stake in shares of Kayne Anderson Energy Infrastructure Fund by 2.8% during the 4th quarter. Choreo LLC now owns 32,266 shares of the financial services provider’s stock worth $409,000 after purchasing an additional 874 shares during the last quarter. Jeppson Wealth Management LLC increased its stake in shares of Kayne Anderson Energy Infrastructure Fund by 1.2% during the 3rd quarter. Jeppson Wealth Management LLC now owns 76,615 shares of the financial services provider’s stock worth $843,000 after purchasing an additional 896 shares during the last quarter. Intellectus Partners LLC increased 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 purchasing an additional 1,000 shares during the last quarter. Axxcess Wealth Management LLC increased its stake in shares of Kayne Anderson Energy Infrastructure Fund by 5.6% during the 3rd quarter. Axxcess Wealth Management LLC now owns 37,978 shares of the financial services provider’s stock worth $418,000 after purchasing an additional 2,003 shares during the last quarter. Finally, US Bancorp DE increased its stake in shares of Kayne Anderson Energy Infrastructure Fund by 4.3% during the 3rd 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 during the last quarter.

Insider Activity at Kayne Anderson Energy Infrastructure Fund

In other 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 cost of $12.60 per share, for a total transaction of $252,000.00. Following the purchase, the president now owns 700,939 shares of the company’s stock, valued at $8,831,831.40. This represents a 2.94 % increase in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Also, 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 directly owns 5,000 shares in the company, valued at $65,200. The trade was a ∞ increase in their position. The disclosure for this purchase can be found here.

Kayne Anderson Energy Infrastructure Fund Stock Performance

Shares of KYN opened at $12.18 on Friday. The company’s fifty day moving average is $12.98 and its 200-day moving average is $12.27. Kayne Anderson Energy Infrastructure Fund, Inc. has a 12 month low of $9.29 and a 12 month high of $13.69.

Kayne Anderson Energy Infrastructure Fund Dividend Announcement

The firm also recently declared a monthly dividend, which will be paid on Monday, March 31st. Stockholders of record on Friday, March 14th will be paid a dividend of $0.08 per share. The ex-dividend date of this dividend is Friday, March 14th. This represents a $0.96 annualized dividend and a dividend yield of 7.89%.

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.