Moloney Securities Asset Management LLC increased its position in Kayne Anderson Energy Infrastructure Fund, Inc. (NYSE:KYN – Free Report) by 4.2% during the third quarter, Holdings Channel reports. The fund owned 86,582 shares of the financial services provider’s stock after purchasing an additional 3,491 shares during the quarter. Moloney Securities Asset Management LLC’s holdings in Kayne Anderson Energy Infrastructure Fund were worth $952,000 as of its most recent filing with the Securities & Exchange Commission.
Other large investors have also modified their holdings of the company. Cetera Investment Advisers grew its position in Kayne Anderson Energy Infrastructure Fund by 24,443.6% in the 1st quarter. Cetera Investment Advisers now owns 5,872,298 shares of the financial services provider’s stock valued at $58,782,000 after buying an additional 5,848,372 shares in the last quarter. Bayshore Asset Management LLC bought a new position in Kayne Anderson Energy Infrastructure Fund in the 3rd quarter valued at about $1,232,000. Secure Asset Management LLC bought a new position in Kayne Anderson Energy Infrastructure Fund in the 2nd quarter valued at about $955,000. Advisors Asset Management Inc. grew its position in Kayne Anderson Energy Infrastructure Fund by 4.6% in the 1st quarter. Advisors Asset Management Inc. now owns 1,985,548 shares of the financial services provider’s stock valued at $19,875,000 after buying an additional 88,170 shares in the last quarter. Finally, Sanctuary Advisors LLC bought a new position in Kayne Anderson Energy Infrastructure Fund in the 2nd quarter valued at about $653,000.
Insider Activity
In other Kayne Anderson Energy Infrastructure Fund news, major shareholder Metlife Investment Management, acquired 280,000 shares of Kayne Anderson Energy Infrastructure Fund stock in a transaction dated Wednesday, September 18th. The stock was bought at an average price of $25.00 per share, for a total transaction of $7,000,000.00. Following the transaction, the insider now owns 280,000 shares in the company, valued at approximately $7,000,000. The acquisition was disclosed in a document filed with the SEC, which is available through this hyperlink.
Kayne Anderson Energy Infrastructure Fund Trading Up 2.8 %
Kayne Anderson Energy Infrastructure Fund Dividend Announcement
The firm also recently disclosed a monthly dividend, which will be paid on Friday, November 29th. Stockholders of record on Friday, November 15th will be given a dividend of $0.08 per share. The ex-dividend date is Friday, November 15th. This represents a $0.96 annualized dividend and a dividend yield of 8.05%.
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.
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