Zazove Associates LLC Raises Stock Position in Kayne Anderson Energy Infrastructure Fund, Inc. (NYSE:KYN)

Zazove Associates LLC grew its holdings in Kayne Anderson Energy Infrastructure Fund, Inc. (NYSE:KYN) by 66.9% in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 781,787 shares of the financial services provider’s stock after buying an additional 313,280 shares during the period. Kayne Anderson Energy Infrastructure Fund makes up 0.9% of Zazove Associates LLC’s portfolio, making the stock its 26th largest holding. Zazove Associates LLC’s holdings in Kayne Anderson Energy Infrastructure Fund were worth $6,864,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also made changes to their positions in the business. Tanglewood Legacy Advisors LLC bought a new stake in shares of Kayne Anderson Energy Infrastructure Fund in the 4th quarter worth about $29,000. Chilton Capital Management LLC bought a new stake in shares of Kayne Anderson Energy Infrastructure Fund in the 1st quarter worth about $69,000. Virtu Financial LLC bought a new stake in shares of Kayne Anderson Energy Infrastructure Fund in the 4th quarter worth about $87,000. First National Bank of Mount Dora Trust Investment Services bought a new stake in shares of Kayne Anderson Energy Infrastructure Fund in the 4th quarter worth about $91,000. Finally, Private Advisor Group LLC bought a new stake in shares of Kayne Anderson Energy Infrastructure Fund in the 1st quarter worth about $92,000.

Kayne Anderson Energy Infrastructure Fund Price Performance

Shares of Kayne Anderson Energy Infrastructure Fund stock traded up $0.13 during trading on Wednesday, hitting $9.54. The stock had a trading volume of 358,771 shares, compared to its average volume of 538,302. The firm’s fifty day simple moving average is $9.39 and its 200-day simple moving average is $8.79. Kayne Anderson Energy Infrastructure Fund, Inc. has a 12 month low of $7.84 and a 12 month high of $10.15.

Kayne Anderson Energy Infrastructure Fund Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, April 12th. Investors of record on Friday, April 5th were issued a dividend of $0.22 per share. The ex-dividend date of this dividend was Thursday, April 4th. This represents a $0.88 dividend on an annualized basis and a yield of 9.22%.

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.