Janney Montgomery Scott LLC Sells 1,755 Shares of Kayne Anderson Energy Infrastructure Fund, Inc. (NYSE:KYN)

Janney Montgomery Scott LLC trimmed its holdings in shares of Kayne Anderson Energy Infrastructure Fund, Inc. (NYSE:KYN – Get Rating) by 1.7% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 103,647 shares of the financial services provider’s stock after selling 1,755 shares during the quarter. Janney Montgomery Scott LLC’s holdings in Kayne Anderson Energy Infrastructure Fund were worth $840,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently made changes to their positions in the company. Cetera Advisor Networks LLC raised its holdings in shares of Kayne Anderson Energy Infrastructure Fund by 18.0% in the second quarter. Cetera Advisor Networks LLC now owns 5,679,875 shares of the financial services provider’s stock valued at $47,597,000 after acquiring an additional 865,901 shares in the last quarter. Bank of America Corp DE raised its holdings in shares of Kayne Anderson Energy Infrastructure Fund by 10.2% in the first quarter. Bank of America Corp DE now owns 2,128,475 shares of the financial services provider’s stock valued at $19,625,000 after acquiring an additional 196,717 shares in the last quarter. Royal Bank of Canada raised its holdings in shares of Kayne Anderson Energy Infrastructure Fund by 20.6% in the first quarter. Royal Bank of Canada now owns 1,529,359 shares of the financial services provider’s stock valued at $14,100,000 after acquiring an additional 260,858 shares in the last quarter. UBS Group AG raised its holdings in shares of Kayne Anderson Energy Infrastructure Fund by 18.1% in the second quarter. UBS Group AG now owns 1,385,683 shares of the financial services provider’s stock valued at $11,612,000 after acquiring an additional 212,499 shares in the last quarter. Finally, Stansberry Asset Management LLC raised its holdings in shares of Kayne Anderson Energy Infrastructure Fund by 11.3% in the second quarter. Stansberry Asset Management LLC now owns 1,031,936 shares of the financial services provider’s stock valued at $8,648,000 after acquiring an additional 104,606 shares in the last quarter.

Kayne Anderson Energy Infrastructure Fund Stock Performance

KYN stock opened at $9.07 on Friday. The business has a 50-day moving average price of $8.71 and a 200 day moving average price of $8.78. Kayne Anderson Energy Infrastructure Fund, Inc. has a 1-year low of $7.54 and a 1-year high of $9.83.

Kayne Anderson Energy Infrastructure Fund Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, January 11th. Investors of record on Wednesday, January 4th were issued a $0.20 dividend. The ex-dividend date of this dividend was Tuesday, January 3rd. This represents a $0.80 annualized dividend and a dividend yield of 8.82%.

About Kayne Anderson Energy Infrastructure Fund

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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.