Intellectus Partners LLC Buys 1,000 Shares of Kayne Anderson Energy Infrastructure Fund, Inc. (NYSE:KYN)

Intellectus Partners LLC grew its stake in shares of Kayne Anderson Energy Infrastructure Fund, Inc. (NYSE:KYN) by 9.3% in the 3rd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 11,750 shares of the financial services provider’s stock after acquiring an additional 1,000 shares during the period. Intellectus Partners LLC’s holdings in Kayne Anderson Energy Infrastructure Fund were worth $132,000 at the end of the most recent quarter.

A number of other large investors have also recently modified their holdings of the company. Rockport Wealth LLC bought a new stake in Kayne Anderson Energy Infrastructure Fund during the 1st quarter valued at $197,000. Axxcess Wealth Management LLC raised its stake in Kayne Anderson Energy Infrastructure Fund by 5.9% in the first quarter. Axxcess Wealth Management LLC now owns 35,951 shares of the financial services provider’s stock worth $360,000 after buying an additional 2,017 shares in the last quarter. Advisors Asset Management Inc. lifted its holdings in Kayne Anderson Energy Infrastructure Fund by 4.6% during the first quarter. Advisors Asset Management Inc. now owns 1,985,548 shares of the financial services provider’s stock worth $19,875,000 after buying an additional 88,170 shares during the period. Lazard Asset Management LLC bought a new stake in Kayne Anderson Energy Infrastructure Fund during the 1st quarter valued at $188,000. Finally, Blackstone Inc. purchased a new position in shares of Kayne Anderson Energy Infrastructure Fund in the 1st quarter valued at $430,000.

Kayne Anderson Energy Infrastructure Fund Price Performance

KYN opened at $12.68 on Friday. Kayne Anderson Energy Infrastructure Fund, Inc. has a 12 month low of $8.18 and a 12 month high of $13.05. The stock has a fifty day moving average price of $11.62 and a 200-day moving average price of $10.72.

Kayne Anderson Energy Infrastructure Fund Dividend Announcement

The company 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 $0.08 dividend. This represents a $0.96 dividend on an annualized basis and a dividend yield of 7.57%. The ex-dividend date of this dividend is Friday, November 15th.

Insiders Place Their Bets

In related news, major shareholder Metlife Investment Management, acquired 280,000 shares of the firm’s stock in a transaction that occurred on Wednesday, September 18th. The stock was purchased at an average cost of $25.00 per share, with a total value of $7,000,000.00. Following the transaction, the insider now directly owns 280,000 shares of the company’s stock, valued at $7,000,000. This trade represents a ∞ increase in their position. The purchase was disclosed in a legal filing with the SEC, which is accessible through this hyperlink.

About Kayne Anderson Energy Infrastructure Fund

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.