Kayne Anderson Energy Infrastructure Fund (NYSE:KYN) Stock Passes Above Two Hundred Day Moving Average of $9.42

Shares of Kayne Anderson Energy Infrastructure Fund, Inc. (NYSE:KYN) crossed above its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of $9.42 and traded as high as $10.49. Kayne Anderson Energy Infrastructure Fund shares last traded at $10.39, with a volume of 183,865 shares.

Kayne Anderson Energy Infrastructure Fund Trading Up 0.4 %

The company’s fifty day simple moving average is $9.98 and its two-hundred day simple moving average is $9.42.

Kayne Anderson Energy Infrastructure Fund Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, July 8th. Stockholders of record on Friday, June 28th will be given a $0.22 dividend. The ex-dividend date of this dividend is Friday, June 28th. This represents a $0.88 dividend on an annualized basis and a dividend yield of 8.47%.

Institutional Trading of Kayne Anderson Energy Infrastructure Fund

Hedge funds have recently bought and sold shares of the company. Tanglewood Legacy Advisors LLC acquired a new position in shares of Kayne Anderson Energy Infrastructure Fund in the 4th quarter worth approximately $29,000. Principal Securities Inc. acquired a new stake in Kayne Anderson Energy Infrastructure Fund in the fourth quarter valued at approximately $34,000. Eagle Bay Advisors LLC acquired a new stake in shares of Kayne Anderson Energy Infrastructure Fund in the fourth quarter worth $37,000. NBC Securities Inc. acquired a new stake in shares of Kayne Anderson Energy Infrastructure Fund in the fourth quarter worth $55,000. Finally, First National Bank of Mount Dora Trust Investment Services bought a new position in Kayne Anderson Energy Infrastructure Fund during the fourth quarter worth $91,000.

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.