Atala Financial Inc Buys Shares of 37,701 Kayne Anderson Energy Infrastructure Fund, Inc. (NYSE:KYN)

Atala Financial Inc purchased a new position in shares of Kayne Anderson Energy Infrastructure Fund, Inc. (NYSE:KYN) in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The firm purchased 37,701 shares of the financial services provider’s stock, valued at approximately $479,000.

A number of other hedge funds also recently modified their holdings of the stock. FSA Wealth Management LLC purchased a new stake in Kayne Anderson Energy Infrastructure Fund in the third quarter worth $33,000. Means Investment CO. Inc. bought a new position in shares of Kayne Anderson Energy Infrastructure Fund during the 4th quarter worth $127,000. Mengis Capital Management Inc. purchased a new stake in Kayne Anderson Energy Infrastructure Fund in the 4th quarter worth about $128,000. Powell Investment Advisors LLC bought a new stake in Kayne Anderson Energy Infrastructure Fund in the 4th quarter valued at about $136,000. Finally, Concorde Asset Management LLC purchased a new stake in Kayne Anderson Energy Infrastructure Fund during the third quarter valued at about $126,000.

Kayne Anderson Energy Infrastructure Fund Trading Down 0.4 %

Shares of NYSE:KYN opened at $12.29 on Friday. The company has a 50-day moving average price of $12.95 and a two-hundred day moving average price of $12.31. Kayne Anderson Energy Infrastructure Fund, Inc. has a twelve month low of $9.29 and a twelve month high of $13.69.

Kayne Anderson Energy Infrastructure Fund Announces Dividend

The firm also recently disclosed a monthly dividend, which will be paid on Monday, March 31st. Investors of record on Friday, March 14th will be paid a $0.08 dividend. The ex-dividend date of this dividend is Friday, March 14th. This represents a $0.96 dividend on an annualized basis and a yield of 7.81%.

Insider Buying and Selling at Kayne Anderson Energy Infrastructure Fund

In related news, EVP Harrison James Little bought 5,000 shares of Kayne Anderson Energy Infrastructure Fund stock in a transaction on Friday, January 17th. The stock was acquired at an average price of $13.04 per share, with a total value of $65,200.00. Following the acquisition, the executive vice president now directly owns 5,000 shares of the company’s stock, valued at $65,200. This represents a ∞ increase in their ownership of the stock. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, President James C. Baker purchased 20,000 shares of the stock in a transaction dated Wednesday, March 12th. The stock was purchased at an average cost of $12.27 per share, for a total transaction of $245,400.00. Following the completion of the acquisition, the president now owns 720,939 shares of the company’s stock, valued at approximately $8,845,921.53. This represents a 2.85 % increase in their position. The disclosure for this purchase can be found here. Insiders have acquired 45,000 shares of company stock valued at $562,600 in the last 90 days.

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.