Wedbush Securities Inc. Sells 8,648 Shares of Cohen & Steers Infrastructure Fund, Inc (NYSE:UTF)

Wedbush Securities Inc. cut its holdings in shares of Cohen & Steers Infrastructure Fund, Inc (NYSE:UTF) by 11.4% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 67,110 shares of the investment management company’s stock after selling 8,648 shares during the quarter. Wedbush Securities Inc.’s holdings in Cohen & Steers Infrastructure Fund were worth $1,613,000 as of its most recent SEC filing.

Other large investors have also added to or reduced their stakes in the company. Raymond James Financial Inc. bought a new position in shares of Cohen & Steers Infrastructure Fund in the fourth quarter valued at about $19,379,000. MML Investors Services LLC raised its holdings in Cohen & Steers Infrastructure Fund by 7.7% in the 3rd quarter. MML Investors Services LLC now owns 13,403 shares of the investment management company’s stock valued at $349,000 after acquiring an additional 956 shares during the period. Stratos Wealth Partners LTD. lifted its position in Cohen & Steers Infrastructure Fund by 37.1% during the fourth quarter. Stratos Wealth Partners LTD. now owns 21,195 shares of the investment management company’s stock worth $510,000 after acquiring an additional 5,741 shares during the last quarter. Janney Montgomery Scott LLC boosted its holdings in shares of Cohen & Steers Infrastructure Fund by 10.9% during the fourth quarter. Janney Montgomery Scott LLC now owns 58,844 shares of the investment management company’s stock worth $1,415,000 after acquiring an additional 5,769 shares during the period. Finally, Allworth Financial LP grew its position in shares of Cohen & Steers Infrastructure Fund by 45.7% in the fourth quarter. Allworth Financial LP now owns 3,421 shares of the investment management company’s stock valued at $83,000 after purchasing an additional 1,073 shares during the last quarter.

Cohen & Steers Infrastructure Fund Price Performance

NYSE:UTF opened at $24.17 on Friday. The stock has a 50 day simple moving average of $24.63 and a 200 day simple moving average of $24.86. Cohen & Steers Infrastructure Fund, Inc has a 1-year low of $21.26 and a 1-year high of $26.31.

Cohen & Steers Infrastructure Fund Announces Dividend

The firm also recently announced a — dividend, which will be paid on Monday, June 30th. Stockholders of record on Tuesday, June 10th will be given a $0.155 dividend. The ex-dividend date of this dividend is Tuesday, June 10th. This represents a dividend yield of 7.3%.

About Cohen & Steers Infrastructure Fund

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.