Cooper Financial Group Purchases 4,767 Shares of Kayne Anderson Energy Infrastructure Fund, Inc. (NYSE:KYN)

Cooper Financial Group boosted its position in Kayne Anderson Energy Infrastructure Fund, Inc. (NYSE:KYN) by 6.0% in the first quarter, HoldingsChannel.com reports. 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 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Raymond James & Associates increased its position in Kayne Anderson Energy Infrastructure Fund by 232.8% in the 4th quarter. Raymond James & Associates now owns 3,193,349 shares of the financial services provider’s stock valued at $28,038,000 after buying an additional 2,233,838 shares in the last quarter. Kayne Anderson Capital Advisors LP bought a new stake in Kayne Anderson Energy Infrastructure Fund in the 4th quarter valued at about $14,172,000. Advisors Asset Management Inc. increased its position 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 increased its holdings in Kayne Anderson Energy Infrastructure Fund by 51.8% during the 4th quarter. Wells Fargo & Company MN now owns 1,258,090 shares of the financial services provider’s stock worth $11,046,000 after purchasing an additional 429,415 shares in the last quarter. Finally, Penserra Capital Management LLC increased its holdings in Kayne Anderson Energy Infrastructure Fund by 3.7% during the 3rd quarter. Penserra Capital Management LLC now owns 1,257,117 shares of the financial services provider’s stock worth $10,572,000 after purchasing an additional 44,971 shares in the last quarter.

Kayne Anderson Energy Infrastructure Fund Price Performance

Shares of KYN opened at $10.42 on Monday. The stock has a 50 day moving average price of $9.85 and a two-hundred day moving average price of $9.32. Kayne Anderson Energy Infrastructure Fund, Inc. has a 52 week low of $7.86 and a 52 week high of $10.46.

Kayne Anderson Energy Infrastructure Fund Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Monday, July 8th. Shareholders of record on Friday, June 28th will be issued a dividend of $0.22 per share. This represents a $0.88 dividend on an annualized basis and a yield of 8.45%. The ex-dividend date is Friday, June 28th.

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.