Wealth Enhancement Advisory Services LLC Has $250,000 Position in Kayne Anderson Energy Infrastructure Fund, Inc. $KYN

Wealth Enhancement Advisory Services LLC cut its stake in shares of Kayne Anderson Energy Infrastructure Fund, Inc. (NYSE:KYN) by 47.7% during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 19,796 shares of the financial services provider’s stock after selling 18,026 shares during the quarter. Wealth Enhancement Advisory Services LLC’s holdings in Kayne Anderson Energy Infrastructure Fund were worth $250,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also bought and sold shares of the company. Concurrent Investment Advisors LLC boosted its stake in Kayne Anderson Energy Infrastructure Fund by 15.5% during the first quarter. Concurrent Investment Advisors LLC now owns 13,738 shares of the financial services provider’s stock worth $176,000 after acquiring an additional 1,843 shares in the last quarter. Cambridge Investment Research Advisors Inc. boosted its stake in Kayne Anderson Energy Infrastructure Fund by 11.8% during the first quarter. Cambridge Investment Research Advisors Inc. now owns 255,786 shares of the financial services provider’s stock worth $3,282,000 after acquiring an additional 27,080 shares in the last quarter. NBC Securities Inc. boosted its stake in Kayne Anderson Energy Infrastructure Fund by 72,500.0% during the first quarter. NBC Securities Inc. now owns 2,178 shares of the financial services provider’s stock worth $27,000 after acquiring an additional 2,175 shares in the last quarter. Farther Finance Advisors LLC boosted its stake in Kayne Anderson Energy Infrastructure Fund by 452,400.0% during the first quarter. Farther Finance Advisors LLC now owns 4,525 shares of the financial services provider’s stock worth $59,000 after acquiring an additional 4,524 shares in the last quarter. Finally, Cerity Partners LLC boosted its stake in Kayne Anderson Energy Infrastructure Fund by 4.1% during the first quarter. Cerity Partners LLC now owns 22,323 shares of the financial services provider’s stock worth $286,000 after acquiring an additional 881 shares in the last quarter.

Kayne Anderson Energy Infrastructure Fund Stock Performance

KYN opened at $12.09 on Friday. The company’s fifty day moving average price is $12.30 and its two-hundred day moving average price is $12.21. Kayne Anderson Energy Infrastructure Fund, Inc. has a 1-year low of $9.82 and a 1-year high of $13.69.

Kayne Anderson Energy Infrastructure Fund Dividend Announcement

The firm also recently disclosed a monthly dividend, which will be paid on Friday, October 31st. Shareholders of record on Wednesday, October 15th will be issued a dividend of $0.08 per share. The ex-dividend date is Wednesday, October 15th. This represents a c) annualized dividend and a yield of 7.9%.

Insiders Place Their Bets

In other Kayne Anderson Energy Infrastructure Fund news, Director Michael N. Mears acquired 10,000 shares of the stock in a transaction on Monday, October 6th. The shares were purchased at an average price of $12.24 per share, for a total transaction of $122,400.00. Following the completion of the acquisition, the director owned 10,000 shares in the company, valued at approximately $122,400. This represents a ∞ increase in their position. The acquisition was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, CFO Austin Colby Parker acquired 2,500 shares of the stock in a transaction on Monday, September 22nd. The shares were acquired at an average price of $12.18 per share, for a total transaction of $30,450.00. Following the acquisition, the chief financial officer owned 9,167 shares of the company’s stock, valued at approximately $111,654.06. The trade was a 37.50% increase in their position. The disclosure for this purchase can be found here. Over the last 90 days, insiders have acquired 63,550 shares of company stock worth $778,410.

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.