Bard Associates Inc. Boosts Stake in Kayne Anderson Energy Infrastructure Fund, Inc. (NYSE:KYN)

Bard Associates Inc. grew its stake in Kayne Anderson Energy Infrastructure Fund, Inc. (NYSE:KYN) by 99.5% in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 54,204 shares of the financial services provider’s stock after buying an additional 27,033 shares during the quarter. Bard Associates Inc.’s holdings in Kayne Anderson Energy Infrastructure Fund were worth $609,000 as of its most recent SEC filing.

Several other institutional investors have also recently made changes to their positions in KYN. Intellectus Partners LLC boosted its position in shares of Kayne Anderson Energy Infrastructure Fund by 9.3% in the third quarter. Intellectus Partners LLC now owns 11,750 shares of the financial services provider’s stock worth $132,000 after purchasing an additional 1,000 shares during the period. Oppenheimer & Co. Inc. increased its stake in Kayne Anderson Energy Infrastructure Fund by 22.1% in the 3rd quarter. Oppenheimer & Co. Inc. now owns 194,285 shares of the financial services provider’s stock worth $2,137,000 after buying an additional 35,105 shares in the last quarter. Jeppson Wealth Management LLC raised its holdings in Kayne Anderson Energy Infrastructure Fund by 1.2% during the third quarter. Jeppson Wealth Management LLC now owns 76,615 shares of the financial services provider’s stock valued at $843,000 after acquiring an additional 896 shares during the period. Axxcess Wealth Management LLC lifted its position in shares of Kayne Anderson Energy Infrastructure Fund by 5.6% in the third quarter. Axxcess Wealth Management LLC now owns 37,978 shares of the financial services provider’s stock valued at $418,000 after acquiring an additional 2,003 shares in the last quarter. Finally, Moloney Securities Asset Management LLC boosted its stake in shares of Kayne Anderson Energy Infrastructure Fund by 4.2% in the third quarter. Moloney Securities Asset Management LLC now owns 86,582 shares of the financial services provider’s stock worth $952,000 after acquiring an additional 3,491 shares during the period.

Insider Transactions at Kayne Anderson Energy Infrastructure Fund

In related news, major shareholder Metlife Investment Management, purchased 280,000 shares of the stock in a transaction that occurred on Wednesday, September 18th. The shares were purchased at an average price of $25.00 per share, with a total value of $7,000,000.00. Following the completion of the acquisition, the insider now directly owns 280,000 shares in the company, valued at $7,000,000. This represents a ∞ increase in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link.

Kayne Anderson Energy Infrastructure Fund Trading Down 1.8 %

NYSE:KYN opened at $12.59 on Friday. Kayne Anderson Energy Infrastructure Fund, Inc. has a 12-month low of $8.18 and a 12-month high of $13.05. The stock has a 50-day moving average price of $11.58 and a 200 day moving average price of $10.70.

Kayne Anderson Energy Infrastructure Fund Announces Dividend

The company also recently disclosed a monthly dividend, which will be paid on Friday, November 29th. Shareholders of record on Friday, November 15th will be issued a dividend of $0.08 per share. This represents a $0.96 annualized dividend and a dividend yield of 7.63%. The ex-dividend date is Friday, November 15th.

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.