Maridea Wealth Management LLC Acquires New Position in Cohen & Steers Infrastructure Fund, Inc (NYSE:UTF)

Maridea Wealth Management LLC bought a new position in shares of Cohen & Steers Infrastructure Fund, Inc (NYSE:UTF) during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm bought 21,882 shares of the investment management company’s stock, valued at approximately $526,000.

Several other hedge funds and other institutional investors have also recently bought and sold shares of UTF. Jones Financial Companies Lllp acquired a new stake in shares of Cohen & Steers Infrastructure Fund during the fourth quarter worth $32,000. Millstone Evans Group LLC purchased a new position in Cohen & Steers Infrastructure Fund during the fourth quarter worth about $36,000. Wilmington Savings Fund Society FSB acquired a new stake in shares of Cohen & Steers Infrastructure Fund in the third quarter worth approximately $45,000. Allworth Financial LP grew its position in Cohen & Steers Infrastructure Fund by 45.7% during the fourth quarter. Allworth Financial LP now owns 3,421 shares of the investment management company’s stock valued at $83,000 after acquiring an additional 1,073 shares during the period. Finally, Golden State Wealth Management LLC purchased a new stake in shares of Cohen & Steers Infrastructure Fund during the 4th quarter worth about $115,000.

Cohen & Steers Infrastructure Fund Price Performance

Cohen & Steers Infrastructure Fund stock opened at $25.30 on Friday. The stock’s 50 day moving average price is $24.53 and its 200 day moving average price is $24.88. Cohen & Steers Infrastructure Fund, Inc has a one year low of $21.26 and a one year high of $26.31.

Cohen & Steers Infrastructure Fund Dividend Announcement

The business also recently declared a monthly dividend, which will be paid on Wednesday, April 30th. Stockholders of record on Tuesday, April 8th will be given a dividend of $0.155 per share. The ex-dividend date is Tuesday, April 8th. This represents a $1.86 annualized dividend and a dividend yield of 7.35%.

Cohen & Steers Infrastructure Fund Company Profile

Cohen & Steers Infrastructure Fund, Inc is a closed-end equity fund launched by Cohen & Steers, Inc The fund is managed by Cohen & Steers Capital Management, Inc It invests in public equity markets of the United States. The fund invests primarily in value stocks of infrastructure companies across all market capitalizations.