Independent Wealth Network Inc. Purchases 3,673 Shares of Kayne Anderson Energy Infrastructure Fund, Inc. (NYSE:KYN)

Independent Wealth Network Inc. raised its position in Kayne Anderson Energy Infrastructure Fund, Inc. (NYSE:KYN) by 3.9% during the fourth quarter, according to its most recent 13F filing with the SEC. The fund owned 97,272 shares of the financial services provider’s stock after buying an additional 3,673 shares during the period. Independent Wealth Network Inc.’s holdings in Kayne Anderson Energy Infrastructure Fund were worth $1,236,000 as of its most recent filing with the SEC.

A number of other hedge funds have also recently bought and sold shares of KYN. Meridian Wealth Management LLC bought a new position in Kayne Anderson Energy Infrastructure Fund in the 3rd quarter valued at $4,454,000. HB Wealth Management LLC bought a new position in shares of Kayne Anderson Energy Infrastructure Fund in the 4th quarter worth $2,008,000. Nwam LLC bought a new position in shares of Kayne Anderson Energy Infrastructure Fund in the 3rd quarter worth $1,580,000. Advisors Asset Management Inc. boosted its position in shares of Kayne Anderson Energy Infrastructure Fund by 6.6% in the 3rd quarter. Advisors Asset Management Inc. now owns 1,914,673 shares of the financial services provider’s stock worth $21,061,000 after purchasing an additional 118,246 shares during the last quarter. Finally, Bayshore Asset Management LLC bought a new position in shares of Kayne Anderson Energy Infrastructure Fund in the 3rd quarter worth $1,232,000.

Insiders Place Their Bets

In other news, EVP Harrison James Little purchased 5,000 shares of the company’s stock in a transaction on Friday, January 17th. The shares were purchased at an average price of $13.04 per share, with a total value of $65,200.00. Following the purchase, the executive vice president now directly owns 5,000 shares of the company’s stock, valued at $65,200. This trade represents a ∞ increase in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this link.

Kayne Anderson Energy Infrastructure Fund Stock Performance

NYSE:KYN opened at $13.57 on Thursday. Kayne Anderson Energy Infrastructure Fund, Inc. has a 12-month low of $8.47 and a 12-month high of $13.69. The stock’s fifty day simple moving average is $12.92 and its 200-day simple moving average is $11.71.

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.