Pure Portfolios Holdings LLC Invests $299,000 in Kayne Anderson Energy Infrastructure Fund, Inc. (NYSE:KYN)

Pure Portfolios Holdings LLC acquired a new position in Kayne Anderson Energy Infrastructure Fund, Inc. (NYSE:KYN) during the 3rd quarter, HoldingsChannel.com reports. The institutional investor acquired 27,179 shares of the financial services provider’s stock, valued at approximately $299,000.

Other institutional investors and hedge funds have also bought and sold shares of the company. International Assets Investment Management LLC bought a new stake in Kayne Anderson Energy Infrastructure Fund in the 2nd quarter valued at $46,000. Eagle Bay Advisors LLC raised its position in shares of Kayne Anderson Energy Infrastructure Fund by 74.4% during the first quarter. Eagle Bay Advisors LLC now owns 7,296 shares of the financial services provider’s stock valued at $73,000 after buying an additional 3,112 shares during the last quarter. Nomura Holdings Inc. bought a new stake in shares of Kayne Anderson Energy Infrastructure Fund in the fourth quarter valued at about $97,000. Bank of New York Mellon Corp acquired a new stake in Kayne Anderson Energy Infrastructure Fund during the second quarter worth about $103,000. Finally, SageView Advisory Group LLC acquired a new stake in Kayne Anderson Energy Infrastructure Fund during the fourth quarter worth about $107,000.

Insider Buying and Selling

In other Kayne Anderson Energy Infrastructure Fund news, major shareholder Metlife Investment Management, purchased 280,000 shares of the stock in a transaction on Wednesday, September 18th. The shares were purchased at an average price of $25.00 per share, with a total value of $7,000,000.00. Following the acquisition, the insider now directly owns 280,000 shares of the company’s stock, valued at $7,000,000. The transaction was disclosed in a filing with the SEC, which is accessible through this link.

Kayne Anderson Energy Infrastructure Fund Stock Up 1.0 %

Kayne Anderson Energy Infrastructure Fund stock opened at $11.80 on Friday. The business has a 50 day moving average price of $11.03 and a two-hundred day moving average price of $10.39. Kayne Anderson Energy Infrastructure Fund, Inc. has a 12 month low of $7.87 and a 12 month high of $11.90.

Kayne Anderson Energy Infrastructure Fund Announces Dividend

The company also recently announced a monthly dividend, which will be paid on Friday, November 29th. Investors of record on Friday, November 15th will be paid a $0.08 dividend. The ex-dividend date is Friday, November 15th. This represents a $0.96 dividend on an annualized basis and a dividend yield of 8.14%.

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.