Bayshore Asset Management LLC Acquires Shares of 112,020 Kayne Anderson Energy Infrastructure Fund, Inc. (NYSE:KYN)

Bayshore Asset Management LLC bought a new stake in Kayne Anderson Energy Infrastructure Fund, Inc. (NYSE:KYN) in the third quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor bought 112,020 shares of the financial services provider’s stock, valued at approximately $1,232,000. Kayne Anderson Energy Infrastructure Fund comprises 0.6% of Bayshore Asset Management LLC’s holdings, making the stock its 27th largest holding.

Several other large investors also recently bought and sold shares of KYN. International Assets Investment Management LLC acquired a new stake in shares of Kayne Anderson Energy Infrastructure Fund in the second quarter valued at $46,000. Eagle Bay Advisors LLC increased its position in Kayne Anderson Energy Infrastructure Fund by 74.4% during the first quarter. Eagle Bay Advisors LLC now owns 7,296 shares of the financial services provider’s stock worth $73,000 after buying an additional 3,112 shares during the period. Nomura Holdings Inc. acquired a new stake in Kayne Anderson Energy Infrastructure Fund during the 4th quarter worth $97,000. Bank of New York Mellon Corp purchased a new position in shares of Kayne Anderson Energy Infrastructure Fund during the second quarter worth about $103,000. Finally, Rockwood Wealth Management LLC purchased a new position in shares of Kayne Anderson Energy Infrastructure Fund in the 2nd quarter valued at approximately $122,000.

Kayne Anderson Energy Infrastructure Fund Stock Down 0.5 %

Shares of KYN stock opened at $11.75 on Tuesday. The business’s fifty day moving average price is $11.06 and its 200 day moving average price is $10.41. Kayne Anderson Energy Infrastructure Fund, Inc. has a 1-year low of $7.87 and a 1-year high of $11.90.

Kayne Anderson Energy Infrastructure Fund Dividend Announcement

The company also recently disclosed a monthly dividend, which will be paid on Friday, November 29th. Investors of record on Friday, November 15th will be paid a dividend of $0.08 per share. This represents a $0.96 annualized dividend and a dividend yield of 8.17%. The ex-dividend date is Friday, November 15th.

Insider Transactions at Kayne Anderson Energy Infrastructure Fund

In related news, major shareholder Metlife Investment Management, acquired 280,000 shares of the business’s stock in a transaction on Wednesday, September 18th. The shares were bought 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 of the company’s stock, valued at $7,000,000. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website.

Kayne Anderson Energy Infrastructure Fund Company 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.