Kayne Anderson Energy Infrastructure Fund, Inc. (NYSE:KYN) Shares Sold by Cerity Partners LLC

Cerity Partners LLC lowered its position in Kayne Anderson Energy Infrastructure Fund, Inc. (NYSE:KYN) by 62.4% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 21,442 shares of the financial services provider’s stock after selling 35,599 shares during the quarter. Cerity Partners LLC’s holdings in Kayne Anderson Energy Infrastructure Fund were worth $273,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. ORG Wealth Partners LLC lifted its stake in shares of Kayne Anderson Energy Infrastructure Fund by 78.9% in the fourth quarter. ORG Wealth Partners LLC now owns 72,360 shares of the financial services provider’s stock worth $920,000 after acquiring an additional 31,906 shares in the last quarter. Tallon Kerry Patrick purchased a new position in shares of Kayne Anderson Energy Infrastructure Fund during the 4th quarter valued at approximately $1,000,000. HB Wealth Management LLC acquired a new stake in shares of Kayne Anderson Energy Infrastructure Fund during the fourth quarter worth approximately $2,008,000. Magnus Financial Group LLC increased its stake in shares of Kayne Anderson Energy Infrastructure Fund by 2.5% in the fourth quarter. Magnus Financial Group LLC now owns 195,408 shares of the financial services provider’s stock worth $2,484,000 after buying an additional 4,838 shares during the last quarter. Finally, Independent Wealth Network Inc. raised its holdings in Kayne Anderson Energy Infrastructure Fund by 3.9% in the fourth quarter. Independent Wealth Network Inc. now owns 97,272 shares of the financial services provider’s stock valued at $1,236,000 after acquiring an additional 3,673 shares in the last quarter.

Insider Activity at Kayne Anderson Energy Infrastructure Fund

In other news, President James C. Baker bought 20,000 shares of the firm’s stock in a transaction dated Wednesday, March 12th. The stock was bought at an average price of $12.27 per share, for a total transaction of $245,400.00. Following the transaction, the president now owns 720,939 shares in the company, valued at $8,845,921.53. The trade was a 2.85 % increase in their ownership of the stock. The purchase was disclosed in a filing with the SEC, which is accessible through this link. Insiders bought a total of 94,350 shares of company stock valued at $1,115,047 over the last three months.

Kayne Anderson Energy Infrastructure Fund Price Performance

Shares of KYN stock opened at $11.97 on Friday. The firm has a fifty day moving average of $12.19 and a two-hundred day moving average of $12.52. Kayne Anderson Energy Infrastructure Fund, Inc. has a 1-year low of $9.40 and a 1-year high of $13.69.

Kayne Anderson Energy Infrastructure Fund Announces Dividend

The company also recently declared a monthly dividend, which will be paid on Wednesday, April 30th. Investors of record on Tuesday, April 15th will be paid a $0.08 dividend. The ex-dividend date of this dividend is Tuesday, April 15th. This represents a $0.96 dividend on an annualized basis and a yield of 8.02%.

About Kayne Anderson Energy Infrastructure Fund

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.