Thomas J. Herzfeld Advisors Inc. Has $4.08 Million Stock Position in Kayne Anderson Energy Infrastructure Fund, Inc. (NYSE:KYN)

Thomas J. Herzfeld Advisors Inc. grew its holdings in Kayne Anderson Energy Infrastructure Fund, Inc. (NYSE:KYN) by 30.8% during the fourth quarter, Holdings Channel.com reports. The firm owned 321,240 shares of the financial services provider’s stock after acquiring an additional 75,683 shares during the quarter. Kayne Anderson Energy Infrastructure Fund accounts for about 1.3% of Thomas J. Herzfeld Advisors Inc.’s portfolio, making the stock its 23rd biggest position. Thomas J. Herzfeld Advisors Inc.’s holdings in Kayne Anderson Energy Infrastructure Fund were worth $4,083,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors also recently made changes to their positions in KYN. FSA Wealth Management LLC bought a new stake in shares of Kayne Anderson Energy Infrastructure Fund during the 3rd quarter worth approximately $33,000. Means Investment CO. Inc. acquired a new position in Kayne Anderson Energy Infrastructure Fund during the fourth quarter worth $127,000. Mengis Capital Management Inc. bought a new stake in Kayne Anderson Energy Infrastructure Fund during the fourth quarter worth $128,000. Powell Investment Advisors LLC acquired a new stake in Kayne Anderson Energy Infrastructure Fund in the fourth quarter valued at $136,000. Finally, Glenmede Trust Co. NA bought a new position in shares of Kayne Anderson Energy Infrastructure Fund in the 3rd quarter valued at about $146,000.

Insider Activity at Kayne Anderson Energy Infrastructure Fund

In other news, EVP Harrison James Little bought 5,000 shares of the stock in a transaction on Friday, January 17th. The shares were purchased at an average cost of $13.04 per share, for a total transaction of $65,200.00. Following the completion of the purchase, the executive vice president now directly owns 5,000 shares in the company, valued at $65,200. This represents a ∞ increase in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, President James C. Baker bought 20,000 shares of the business’s stock in a transaction on Friday, February 28th. The stock was bought at an average price of $12.60 per share, with a total value of $252,000.00. Following the purchase, the president now owns 700,939 shares in the company, valued at $8,831,831.40. This trade represents a 2.94 % increase in their ownership of the stock. The disclosure for this purchase can be found here. Insiders have acquired 45,000 shares of company stock valued at $562,600 over the last ninety days.

Kayne Anderson Energy Infrastructure Fund Stock Down 0.5 %

KYN opened at $12.86 on Tuesday. Kayne Anderson Energy Infrastructure Fund, Inc. has a 12-month low of $9.29 and a 12-month high of $13.69. The business has a 50 day moving average of $12.88 and a 200-day moving average of $12.50.

Kayne Anderson Energy Infrastructure Fund Dividend Announcement

The business also recently declared a monthly dividend, which was paid on Monday, March 31st. Investors of record on Friday, March 14th were paid a $0.08 dividend. This represents a $0.96 dividend on an annualized basis and a yield of 7.47%. The ex-dividend date was Friday, March 14th.

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.