Eagle Bay Advisors LLC Sells 1,200 Shares of Kayne Anderson Energy Infrastructure Fund, Inc. (NYSE:KYN)

Eagle Bay Advisors LLC trimmed its position in Kayne Anderson Energy Infrastructure Fund, Inc. (NYSE:KYN) by 16.1% in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 6,271 shares of the financial services provider’s stock after selling 1,200 shares during the quarter. Eagle Bay Advisors LLC’s holdings in Kayne Anderson Energy Infrastructure Fund were worth $70,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. International Assets Investment Management LLC acquired a new position in shares of Kayne Anderson Energy Infrastructure Fund during the 2nd quarter worth about $46,000. Bank of New York Mellon Corp bought a new stake in Kayne Anderson Energy Infrastructure Fund in the 2nd quarter valued at approximately $103,000. Nomura Holdings Inc. bought a new stake in Kayne Anderson Energy Infrastructure Fund in the 4th quarter valued at approximately $97,000. Rockwood Wealth Management LLC bought a new stake in shares of Kayne Anderson Energy Infrastructure Fund during the 2nd quarter worth approximately $122,000. Finally, Eagle Rock Investment Company LLC bought a new stake in shares of Kayne Anderson Energy Infrastructure Fund during the 1st quarter worth approximately $131,000.

Kayne Anderson Energy Infrastructure Fund Trading Down 0.7 %

Shares of Kayne Anderson Energy Infrastructure Fund stock traded down $0.08 on Wednesday, reaching $11.63. 92,853 shares of the company were exchanged, compared to its average volume of 469,734. Kayne Anderson Energy Infrastructure Fund, Inc. has a one year low of $7.87 and a one year high of $11.90. The company has a 50-day moving average of $11.09 and a 200 day moving average of $10.42.

Kayne Anderson Energy Infrastructure Fund Announces Dividend

The firm also recently declared 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. This represents a $0.96 dividend on an annualized basis and a yield of 8.25%. The ex-dividend date of this dividend is Friday, November 15th.

Insider Activity at Kayne Anderson Energy Infrastructure Fund

In other news, major shareholder Metlife Investment Management, acquired 280,000 shares of the firm’s stock in a transaction on Wednesday, September 18th. The shares were purchased at an average cost 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 in the company, valued at $7,000,000. The purchase was disclosed in a document filed with the SEC, which is accessible through this link.

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.