International Assets Investment Management LLC Increases Stock Holdings in Kayne Anderson Energy Infrastructure Fund, Inc. (NYSE:KYN)

International Assets Investment Management LLC lifted its position in Kayne Anderson Energy Infrastructure Fund, Inc. (NYSE:KYN) by 1,017.7% during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 50,094 shares of the financial services provider’s stock after buying an additional 45,612 shares during the quarter. International Assets Investment Management LLC’s holdings in Kayne Anderson Energy Infrastructure Fund were worth $551,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently modified their holdings of the company. Bayshore Asset Management LLC purchased a new stake in shares of Kayne Anderson Energy Infrastructure Fund in the third quarter worth about $1,232,000. Pure Portfolios Holdings LLC purchased a new stake in Kayne Anderson Energy Infrastructure Fund in the third quarter valued at approximately $299,000. Cadent Capital Advisors LLC raised its stake in Kayne Anderson Energy Infrastructure Fund by 3.1% in the third quarter. Cadent Capital Advisors LLC now owns 903,432 shares of the financial services provider’s stock valued at $9,938,000 after purchasing an additional 26,779 shares in the last quarter. Magnus Financial Group LLC raised its stake in Kayne Anderson Energy Infrastructure Fund by 19.0% in the third quarter. Magnus Financial Group LLC now owns 190,570 shares of the financial services provider’s stock valued at $2,096,000 after purchasing an additional 30,479 shares in the last quarter. Finally, ORG Wealth Partners LLC purchased a new stake in Kayne Anderson Energy Infrastructure Fund in the third quarter valued at approximately $445,000.

Insider Transactions at Kayne Anderson Energy Infrastructure Fund

In other news, major shareholder Metlife Investment Management, bought 280,000 shares of the business’s stock in a transaction dated Wednesday, September 18th. The shares were purchased at an average price of $25.00 per share, for a total transaction of $7,000,000.00. Following the completion of the acquisition, the insider now owns 280,000 shares of the company’s stock, valued at approximately $7,000,000. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink.

Kayne Anderson Energy Infrastructure Fund Stock Up 2.8 %

Shares of KYN opened at $11.93 on Wednesday. Kayne Anderson Energy Infrastructure Fund, Inc. has a 1-year low of $7.97 and a 1-year high of $11.96. The firm’s 50 day simple moving average is $11.28 and its 200 day simple moving average is $10.56.

Kayne Anderson Energy Infrastructure Fund Announces Dividend

The firm also recently declared a monthly dividend, which will be paid on Friday, November 29th. Shareholders of record on Friday, November 15th will be paid a dividend of $0.08 per share. This represents a $0.96 annualized dividend and a dividend yield of 8.05%. The ex-dividend date of this dividend is Friday, November 15th.

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.