Wealth Enhancement Advisory Services LLC Decreases Holdings in Kayne Anderson Energy Infrastructure Fund, Inc. (NYSE:KYN)

Wealth Enhancement Advisory Services LLC decreased its holdings in Kayne Anderson Energy Infrastructure Fund, Inc. (NYSE:KYN) by 4.8% in the third quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 18,982 shares of the financial services provider’s stock after selling 955 shares during the period. Wealth Enhancement Advisory Services LLC’s holdings in Kayne Anderson Energy Infrastructure Fund were worth $209,000 as of its most recent SEC filing.

A number of other institutional investors also recently made changes to their positions in the business. Cetera Advisors LLC bought a new position in Kayne Anderson Energy Infrastructure Fund during the 1st quarter worth approximately $137,000. Cambridge Investment Research Advisors Inc. increased its stake in shares of Kayne Anderson Energy Infrastructure Fund by 15.9% in the second quarter. Cambridge Investment Research Advisors Inc. now owns 111,220 shares of the financial services provider’s stock worth $1,149,000 after buying an additional 15,293 shares during the period. Johnson Investment Counsel Inc. purchased a new position in shares of Kayne Anderson Energy Infrastructure Fund in the second quarter worth $327,000. Bay Colony Advisory Group Inc d b a Bay Colony Advisors raised its holdings in Kayne Anderson Energy Infrastructure Fund by 20.4% during the 2nd quarter. Bay Colony Advisory Group Inc d b a Bay Colony Advisors now owns 15,706 shares of the financial services provider’s stock valued at $162,000 after buying an additional 2,661 shares during the last quarter. Finally, International Assets Investment Management LLC purchased a new stake in Kayne Anderson Energy Infrastructure Fund during the 2nd quarter valued at $46,000.

Insider Buying and Selling at Kayne Anderson Energy Infrastructure Fund

In other Kayne Anderson Energy Infrastructure Fund news, major shareholder Metlife Investment Management, acquired 280,000 shares of the business’s stock in a transaction dated Wednesday, September 18th. The shares were purchased at an average cost of $25.00 per share, for a total transaction of $7,000,000.00. Following the transaction, the insider now owns 280,000 shares in the company, valued at $7,000,000. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website.

Kayne Anderson Energy Infrastructure Fund Stock Performance

KYN stock opened at $12.83 on Wednesday. The firm’s 50-day moving average price is $11.50 and its two-hundred day moving average price is $10.67. Kayne Anderson Energy Infrastructure Fund, Inc. has a 12-month low of $8.06 and a 12-month high of $13.05.

Kayne Anderson Energy Infrastructure Fund Dividend Announcement

The firm also recently declared a monthly dividend, which will be paid on Friday, November 29th. Investors of record on Friday, November 15th will be issued a dividend of $0.08 per share. The ex-dividend date of this dividend is Friday, November 15th. This represents a $0.96 dividend on an annualized basis and a yield of 7.48%.

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.