Commerce Bank boosted its holdings in Kayne Anderson Energy Infrastructure Fund, Inc. (NYSE:KYN – Free Report) by 9.6% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 45,142 shares of the financial services provider’s stock after purchasing an additional 3,939 shares during the quarter. Commerce Bank’s holdings in Kayne Anderson Energy Infrastructure Fund were worth $497,000 as of its most recent filing with the Securities and Exchange Commission.
Other large investors have also recently added to or reduced their stakes in the company. Bard Associates Inc. grew its holdings in Kayne Anderson Energy Infrastructure Fund by 99.5% in the 3rd quarter. Bard Associates Inc. now owns 54,204 shares of the financial services provider’s stock valued at $609,000 after buying an additional 27,033 shares during the period. Intellectus Partners LLC grew its holdings in 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 valued at $132,000 after purchasing an additional 1,000 shares during the period. Oppenheimer & Co. Inc. grew its holdings in Kayne Anderson Energy Infrastructure Fund by 22.1% in the third quarter. Oppenheimer & Co. Inc. now owns 194,285 shares of the financial services provider’s stock valued at $2,137,000 after purchasing an additional 35,105 shares during the period. Jeppson Wealth Management LLC increased its position 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 worth $843,000 after purchasing an additional 896 shares during the last quarter. Finally, Axxcess Wealth Management LLC raised its stake in Kayne Anderson Energy Infrastructure Fund by 5.6% during the third quarter. Axxcess Wealth Management LLC now owns 37,978 shares of the financial services provider’s stock worth $418,000 after purchasing an additional 2,003 shares during the period.
Insiders Place Their Bets
In other Kayne Anderson Energy Infrastructure Fund news, major shareholder Metlife Investment Management, purchased 280,000 shares of Kayne Anderson Energy Infrastructure Fund stock in a transaction on Wednesday, September 18th. The shares were purchased at an average cost of $25.00 per share, with a total value of $7,000,000.00. Following the completion of the transaction, the insider now directly owns 280,000 shares in the company, valued at approximately $7,000,000. This represents a ∞ increase in their position. 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 Price Performance
Kayne Anderson Energy Infrastructure Fund Dividend Announcement
The company also recently declared a monthly dividend, which will be paid on Tuesday, December 31st. Shareholders of record on Monday, December 16th will be given a dividend of $0.08 per share. This represents a $0.96 dividend on an annualized basis and a yield of 7.23%. The ex-dividend date of this dividend is Monday, December 16th.
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.
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