Cooper Financial Group boosted its holdings in Kayne Anderson Energy Infrastructure Fund, Inc. (NYSE:KYN – Free Report) by 6.0% during the 1st quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 84,231 shares of the financial services provider’s stock after acquiring an additional 4,767 shares during the quarter. Cooper Financial Group’s holdings in Kayne Anderson Energy Infrastructure Fund were worth $843,000 at the end of the most recent quarter.
Several other large investors have also added to or reduced their stakes in KYN. Raymond James & Associates increased its stake in shares of Kayne Anderson Energy Infrastructure Fund by 232.8% during the 4th quarter. Raymond James & Associates now owns 3,193,349 shares of the financial services provider’s stock worth $28,038,000 after purchasing an additional 2,233,838 shares during the last quarter. Kayne Anderson Capital Advisors LP purchased a new position in Kayne Anderson Energy Infrastructure Fund in the 4th quarter valued at approximately $14,172,000. Advisors Asset Management Inc. grew its stake in Kayne Anderson Energy Infrastructure Fund by 31.9% in the 3rd quarter. Advisors Asset Management Inc. now owns 1,424,964 shares of the financial services provider’s stock valued at $11,984,000 after buying an additional 344,929 shares in the last quarter. Wells Fargo & Company MN grew its stake in Kayne Anderson Energy Infrastructure Fund by 51.8% in the 4th quarter. Wells Fargo & Company MN now owns 1,258,090 shares of the financial services provider’s stock valued at $11,046,000 after buying an additional 429,415 shares in the last quarter. Finally, Penserra Capital Management LLC grew its stake in Kayne Anderson Energy Infrastructure Fund by 3.7% in the 3rd quarter. Penserra Capital Management LLC now owns 1,257,117 shares of the financial services provider’s stock valued at $10,572,000 after buying an additional 44,971 shares in the last quarter.
Kayne Anderson Energy Infrastructure Fund Trading Up 0.7 %
Kayne Anderson Energy Infrastructure Fund stock opened at $10.42 on Monday. Kayne Anderson Energy Infrastructure Fund, Inc. has a 1-year low of $7.86 and a 1-year high of $10.46. The firm has a 50 day simple moving average of $9.85 and a 200 day simple moving average of $9.32.
Kayne Anderson Energy Infrastructure Fund Announces Dividend
The company also recently declared a quarterly dividend, which will be paid on Monday, July 8th. Shareholders of record on Friday, June 28th will be issued a $0.22 dividend. This represents a $0.88 annualized dividend and a yield of 8.45%. The ex-dividend date of this dividend is Friday, June 28th.
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.
Recommended Stories
Receive News & Ratings for Kayne Anderson Energy Infrastructure Fund Daily – Enter your email address below to receive a concise daily summary of the latest news and analysts’ ratings for Kayne Anderson Energy Infrastructure Fund and related companies with MarketBeat.com’s FREE daily email newsletter.