Kayne Anderson Energy Infrastructure Fund, Inc. (NYSE:KYN) Shares Sold by Prevail Innovative Wealth Advisors LLC

Prevail Innovative Wealth Advisors LLC cut its holdings in shares of Kayne Anderson Energy Infrastructure Fund, Inc. (NYSE:KYN) by 85.1% during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 46,631 shares of the financial services provider’s stock after selling 266,367 shares during the period. Prevail Innovative Wealth Advisors LLC’s holdings in Kayne Anderson Energy Infrastructure Fund were worth $482,000 at the end of the most recent quarter.

A number of other large investors have also made changes to their positions in KYN. Cetera Investment Advisers increased its position in shares of Kayne Anderson Energy Infrastructure Fund by 24,443.6% in the 1st quarter. Cetera Investment Advisers now owns 5,872,298 shares of the financial services provider’s stock valued at $58,782,000 after acquiring an additional 5,848,372 shares during the period. Advisors Asset Management Inc. boosted its holdings in Kayne Anderson Energy Infrastructure Fund by 4.6% in the first quarter. Advisors Asset Management Inc. now owns 1,985,548 shares of the financial services provider’s stock valued at $19,875,000 after purchasing an additional 88,170 shares during the last quarter. Wells Fargo & Company MN boosted its holdings in 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 purchasing an additional 429,415 shares during the last quarter. UBS Group AG boosted its holdings in Kayne Anderson Energy Infrastructure Fund by 3.9% in the fourth quarter. UBS Group AG now owns 1,221,864 shares of the financial services provider’s stock valued at $10,728,000 after purchasing an additional 46,417 shares during the last quarter. Finally, Cadent Capital Advisors LLC boosted its holdings in Kayne Anderson Energy Infrastructure Fund by 2.6% in the first quarter. Cadent Capital Advisors LLC now owns 878,977 shares of the financial services provider’s stock valued at $8,799,000 after purchasing an additional 22,067 shares during the last quarter.

Kayne Anderson Energy Infrastructure Fund Stock Up 0.7 %

NYSE:KYN opened at $10.95 on Friday. Kayne Anderson Energy Infrastructure Fund, Inc. has a one year low of $7.87 and a one year high of $11.10. The firm’s fifty day moving average is $10.53 and its two-hundred day moving average is $10.06.

Kayne Anderson Energy Infrastructure Fund Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, July 8th. Shareholders of record on Friday, June 28th were issued a $0.22 dividend. This represents a $0.88 annualized dividend and a yield of 8.04%. The ex-dividend date of this dividend was Friday, June 28th.

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.