Princeton Global Asset Management LLC Has $147,000 Position in Kayne Anderson Energy Infrastructure Fund, Inc. (NYSE:KYN)

Princeton Global Asset Management LLC lifted its holdings in Kayne Anderson Energy Infrastructure Fund, Inc. (NYSE:KYN) by 21.4% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 13,350 shares of the financial services provider’s stock after acquiring an additional 2,350 shares during the period. Princeton Global Asset Management LLC’s holdings in Kayne Anderson Energy Infrastructure Fund were worth $147,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors also recently made changes to their positions in KYN. Cetera Investment Advisers lifted its stake in Kayne Anderson Energy Infrastructure Fund by 24,443.6% in the first quarter. Cetera Investment Advisers now owns 5,872,298 shares of the financial services provider’s stock valued at $58,782,000 after buying an additional 5,848,372 shares during the period. Bayshore Asset Management LLC acquired a new position in shares of Kayne Anderson Energy Infrastructure Fund during the 3rd quarter valued at $1,232,000. Secure Asset Management LLC acquired a new position in shares of Kayne Anderson Energy Infrastructure Fund during the 2nd quarter valued at $955,000. Advisors Asset Management Inc. boosted its stake 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 acquiring an additional 88,170 shares in the last quarter. Finally, Sanctuary Advisors LLC acquired a new stake in Kayne Anderson Energy Infrastructure Fund in the second quarter worth $653,000.

Kayne Anderson Energy Infrastructure Fund Trading Up 0.7 %

Shares of NYSE KYN opened at $11.57 on Monday. The firm’s 50-day moving average price is $11.26 and its 200-day moving average price is $10.53. Kayne Anderson Energy Infrastructure Fund, Inc. has a 1-year low of $7.97 and a 1-year high of $11.90.

Kayne Anderson Energy Infrastructure Fund Announces Dividend

The company also recently declared a monthly dividend, which will be paid on Friday, November 29th. Shareholders of record on Friday, November 15th will be issued a $0.08 dividend. The ex-dividend date is Friday, November 15th. This represents a $0.96 annualized dividend and a yield of 8.30%.

Insider Buying and Selling at Kayne Anderson Energy Infrastructure Fund

In other news, major shareholder Metlife Investment Management, bought 280,000 shares of the stock in a transaction dated Wednesday, September 18th. The shares were bought at an average cost of $25.00 per share, with a total value of $7,000,000.00. Following the completion of the transaction, the insider now directly owns 280,000 shares of the company’s stock, valued at $7,000,000. The acquisition was disclosed in a document filed with the SEC, which can be accessed through the SEC website.

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.