Sanders Morris Harris LLC Acquires Shares of 61,200 Kayne Anderson Energy Infrastructure Fund, Inc. (NYSE:KYN)

Sanders Morris Harris LLC acquired a new stake in shares of Kayne Anderson Energy Infrastructure Fund, Inc. (NYSE:KYN) in the first quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm acquired 61,200 shares of the financial services provider’s stock, valued at approximately $613,000.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the stock. Raymond James & Associates raised its holdings in shares of Kayne Anderson Energy Infrastructure Fund by 232.8% in the fourth quarter. Raymond James & Associates now owns 3,193,349 shares of the financial services provider’s stock valued at $28,038,000 after buying an additional 2,233,838 shares during the last quarter. Kayne Anderson Capital Advisors LP bought a new position in shares of Kayne Anderson Energy Infrastructure Fund in the fourth quarter valued at about $14,172,000. Wells Fargo & Company MN raised its holdings in shares of Kayne Anderson Energy Infrastructure Fund by 51.8% in the fourth quarter. Wells Fargo & Company MN now owns 1,258,090 shares of the financial services provider’s stock valued at $11,046,000 after buying an additional 429,415 shares during the last quarter. Advisors Asset Management Inc. raised its holdings in shares of Kayne Anderson Energy Infrastructure Fund by 31.9% in the third quarter. Advisors Asset Management Inc. now owns 1,424,964 shares of the financial services provider’s stock valued at $11,984,000 after buying an additional 344,929 shares during the last quarter. Finally, Zazove Associates LLC raised its holdings in shares of Kayne Anderson Energy Infrastructure Fund by 66.9% in the fourth quarter. Zazove Associates LLC now owns 781,787 shares of the financial services provider’s stock valued at $6,864,000 after buying an additional 313,280 shares during the last quarter.

Kayne Anderson Energy Infrastructure Fund Stock Performance

Shares of Kayne Anderson Energy Infrastructure Fund stock traded down $0.01 during trading on Friday, reaching $10.35. The company’s stock had a trading volume of 575,263 shares, compared to its average volume of 497,812. The stock has a 50-day moving average price of $9.85 and a two-hundred day moving average price of $9.31. Kayne Anderson Energy Infrastructure Fund, Inc. has a one year low of $7.85 and a one year high of $10.46.

Kayne Anderson Energy Infrastructure Fund Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Monday, July 8th. Investors of record on Friday, June 28th will be issued a $0.22 dividend. The ex-dividend date is Friday, June 28th. This represents a $0.88 dividend on an annualized basis and a dividend yield of 8.50%.

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.