Bard Associates Inc. Grows Stock Holdings in Kayne Anderson Energy Infrastructure Fund, Inc. $KYN

Bard Associates Inc. grew its holdings in Kayne Anderson Energy Infrastructure Fund, Inc. (NYSE:KYN) by 49.5% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 587,428 shares of the financial services provider’s stock after acquiring an additional 194,423 shares during the period. Kayne Anderson Energy Infrastructure Fund comprises 1.9% of Bard Associates Inc.’s holdings, making the stock its 13th biggest position. Bard Associates Inc.’s holdings in Kayne Anderson Energy Infrastructure Fund were worth $7,272,000 as of its most recent SEC filing.

Several other large investors have also recently made changes to their positions in KYN. Bessemer Group Inc. acquired a new position in shares of Kayne Anderson Energy Infrastructure Fund in the 3rd quarter valued at $31,000. Allworth Financial LP lifted its stake in shares of Kayne Anderson Energy Infrastructure Fund by 5,166.7% in the 4th quarter. Allworth Financial LP now owns 3,160 shares of the financial services provider’s stock valued at $39,000 after purchasing an additional 3,100 shares during the period. International Assets Investment Management LLC acquired a new position in shares of Kayne Anderson Energy Infrastructure Fund in the 4th quarter valued at $61,000. JPMorgan Chase & Co. lifted its stake in shares of Kayne Anderson Energy Infrastructure Fund by 114,616.7% in the 2nd quarter. JPMorgan Chase & Co. now owns 6,883 shares of the financial services provider’s stock valued at $88,000 after purchasing an additional 6,877 shares during the period. Finally, Brown Advisory Inc. acquired a new position in shares of Kayne Anderson Energy Infrastructure Fund in the 2nd quarter valued at $105,000.

Kayne Anderson Energy Infrastructure Fund Trading Up 0.8%

KYN opened at $14.02 on Friday. The firm has a fifty day moving average price of $13.89 and a 200 day moving average price of $13.33. Kayne Anderson Energy Infrastructure Fund, Inc. has a 1 year low of $11.31 and a 1 year high of $14.69.

Kayne Anderson Energy Infrastructure Fund Dividend Announcement

The company also recently announced a monthly dividend, which will be paid on Tuesday, June 30th. Investors of record on Monday, June 15th will be paid a $0.085 dividend. This represents a c) annualized dividend and a dividend yield of 7.3%. The ex-dividend date is Monday, June 15th.

Insider Activity

In other news, CFO Austin Colby Parker bought 2,500 shares of the firm’s stock in a transaction that occurred on Wednesday, May 13th. The stock was purchased at an average cost of $13.99 per share, for a total transaction of $34,975.00. Following the purchase, the chief financial officer directly owned 14,623 shares in the company, valued at approximately $204,575.77. This trade represents a 20.62% increase in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, EVP Harrison James Little bought 5,000 shares of the firm’s stock in a transaction that occurred on Thursday, March 19th. The stock was purchased at an average price of $14.12 per share, with a total value of $70,600.00. Following the completion of the purchase, the executive vice president owned 15,599 shares in the company, valued at approximately $220,257.88. This trade represents a 47.17% increase in their ownership of the stock. The disclosure for this purchase is available in the SEC filing. In the last 90 days, insiders have bought 93,621 shares of company stock valued at $1,288,081.

About Kayne Anderson Energy Infrastructure Fund

The Kayne Anderson Energy Infrastructure Fund, Inc (NYSE: KYN) is a closed-end management investment company that focuses on energy infrastructure assets. The fund’s portfolio is primarily composed of equity securities of publicly traded partnerships—including master limited partnerships (MLPs)—and other energy-related companies. Key sectors in its midstream-oriented strategy include the transportation, storage, processing and distribution of natural gas, crude oil and refined products.

Since commencing operations in 2014, Kayne Anderson Energy Infrastructure Fund has pursued a dual objective of current income generation and long-term capital appreciation.