Beverly Hills Private Wealth LLC Sells 20,150 Shares of Kayne Anderson Energy Infrastructure Fund, Inc. (NYSE:KYN)

Beverly Hills Private Wealth LLC trimmed its holdings in Kayne Anderson Energy Infrastructure Fund, Inc. (NYSE:KYN) by 8.0% in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 230,194 shares of the financial services provider’s stock after selling 20,150 shares during the period. Beverly Hills Private Wealth LLC’s holdings in Kayne Anderson Energy Infrastructure Fund were worth $2,378,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also modified their holdings of the stock. Johnson Investment Counsel Inc. acquired a new position in shares of Kayne Anderson Energy Infrastructure Fund during the 2nd quarter worth approximately $327,000. Edgemoor Investment Advisors Inc. grew its position in Kayne Anderson Energy Infrastructure Fund by 2.8% during the second quarter. Edgemoor Investment Advisors Inc. now owns 142,264 shares of the financial services provider’s stock worth $1,470,000 after buying an additional 3,930 shares in the last quarter. Choreo LLC bought a new position in Kayne Anderson Energy Infrastructure Fund during the 2nd quarter worth $284,000. PFG Investments LLC bought a new position in Kayne Anderson Energy Infrastructure Fund during the 2nd quarter worth $307,000. Finally, Cullen Frost Bankers Inc. acquired a new position in Kayne Anderson Energy Infrastructure Fund in the 2nd quarter valued at $210,000.

Kayne Anderson Energy Infrastructure Fund Stock Performance

Shares of NYSE KYN opened at $10.74 on Thursday. The stock’s fifty day moving average is $10.51 and its 200 day moving average is $10.05. Kayne Anderson Energy Infrastructure Fund, Inc. has a 52 week low of $7.87 and a 52 week high of $11.10.

Kayne Anderson Energy Infrastructure Fund Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, July 8th. Stockholders of record on Friday, June 28th were issued a dividend of $0.22 per share. This represents a $0.88 dividend on an annualized basis and a dividend yield of 8.19%. The ex-dividend date of this dividend was Friday, June 28th.

Kayne Anderson Energy Infrastructure Fund 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.