DAVENPORT & Co LLC Purchases 1,811 Shares of Kayne Anderson Energy Infrastructure Fund, Inc. $KYN

DAVENPORT & Co LLC raised its position in shares of Kayne Anderson Energy Infrastructure Fund, Inc. (NYSE:KYN) by 14.5% in the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 14,310 shares of the financial services provider’s stock after purchasing an additional 1,811 shares during the period. DAVENPORT & Co LLC’s holdings in Kayne Anderson Energy Infrastructure Fund were worth $182,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds have also bought and sold shares of the company. Raymond James Financial Inc. raised its position in Kayne Anderson Energy Infrastructure Fund by 0.9% during the 1st quarter. Raymond James Financial Inc. now owns 2,677,002 shares of the financial services provider’s stock valued at $34,346,000 after purchasing an additional 23,663 shares in the last quarter. Royal Bank of Canada raised its position in shares of Kayne Anderson Energy Infrastructure Fund by 12.2% in the 1st quarter. Royal Bank of Canada now owns 2,241,558 shares of the financial services provider’s stock worth $28,760,000 after acquiring an additional 242,905 shares in the last quarter. Advisors Asset Management Inc. raised its position in shares of Kayne Anderson Energy Infrastructure Fund by 11.5% in the 1st quarter. Advisors Asset Management Inc. now owns 2,059,850 shares of the financial services provider’s stock worth $26,428,000 after acquiring an additional 212,871 shares in the last quarter. Thomas J. Herzfeld Advisors Inc. raised its position in shares of Kayne Anderson Energy Infrastructure Fund by 5.0% in the 1st quarter. Thomas J. Herzfeld Advisors Inc. now owns 337,162 shares of the financial services provider’s stock worth $4,326,000 after acquiring an additional 15,922 shares in the last quarter. Finally, LPL Financial LLC raised its position in shares of Kayne Anderson Energy Infrastructure Fund by 7.7% in the 1st quarter. LPL Financial LLC now owns 323,887 shares of the financial services provider’s stock worth $4,155,000 after acquiring an additional 23,098 shares in the last quarter.

Insider Transactions at Kayne Anderson Energy Infrastructure Fund

In related news, President James C. Baker purchased 25,000 shares of Kayne Anderson Energy Infrastructure Fund stock in a transaction dated Wednesday, August 20th. The stock was purchased at an average cost of $12.20 per share, with a total value of $305,000.00. Following the transaction, the president owned 836,040 shares in the company, valued at approximately $10,199,688. The trade was a 3.08% increase in their position. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Michael N. Mears purchased 10,000 shares of Kayne Anderson Energy Infrastructure Fund stock in a transaction dated Monday, October 6th. The stock was bought at an average cost of $12.24 per share, with a total value of $122,400.00. Following the completion of the transaction, the director owned 10,000 shares in the company, valued at approximately $122,400. This represents a ∞ increase in their position. The disclosure for this purchase can be found here. In the last three months, insiders purchased 63,550 shares of company stock valued at $778,410.

Kayne Anderson Energy Infrastructure Fund Price Performance

KYN opened at $11.85 on Tuesday. Kayne Anderson Energy Infrastructure Fund, Inc. has a 12 month low of $9.82 and a 12 month high of $13.69. The stock has a fifty day moving average price of $12.28 and a 200-day moving average price of $12.18.

Kayne Anderson Energy Infrastructure Fund Announces Dividend

The business also recently declared a monthly dividend, which will be paid on Friday, October 31st. Stockholders of record on Wednesday, October 15th will be given a $0.08 dividend. This represents a c) annualized dividend and a dividend yield of 8.1%. The ex-dividend date of this dividend is Wednesday, October 15th.

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.