Kestra Private Wealth Services LLC Sells 76,949 Shares of Cohen & Steers Infrastructure Fund, Inc $UTF

Kestra Private Wealth Services LLC cut its position in shares of Cohen & Steers Infrastructure Fund, Inc (NYSE:UTF) by 48.3% in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 82,487 shares of the investment management company’s stock after selling 76,949 shares during the period. Kestra Private Wealth Services LLC’s holdings in Cohen & Steers Infrastructure Fund were worth $1,989,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds have also bought and sold shares of the company. McGowan Group Asset Management Inc. raised its position in Cohen & Steers Infrastructure Fund by 0.7% during the 4th quarter. McGowan Group Asset Management Inc. now owns 1,380,626 shares of the investment management company’s stock valued at $33,287,000 after purchasing an additional 9,124 shares in the last quarter. Raymond James Financial Inc. raised its position in Cohen & Steers Infrastructure Fund by 3.5% during the 2nd quarter. Raymond James Financial Inc. now owns 836,724 shares of the investment management company’s stock valued at $22,550,000 after purchasing an additional 28,192 shares in the last quarter. C2C Wealth Management LLC raised its position in Cohen & Steers Infrastructure Fund by 1.8% during the 4th quarter. C2C Wealth Management LLC now owns 261,070 shares of the investment management company’s stock valued at $6,294,000 after purchasing an additional 4,540 shares in the last quarter. Nomura Holdings Inc. bought a new stake in Cohen & Steers Infrastructure Fund during the 3rd quarter valued at $4,951,000. Finally, Quarry LP bought a new stake in Cohen & Steers Infrastructure Fund during the 3rd quarter valued at $4,712,000.

Cohen & Steers Infrastructure Fund Stock Up 1.9%

Shares of NYSE UTF opened at $27.08 on Friday. The business has a fifty day simple moving average of $26.24 and a two-hundred day simple moving average of $25.11. Cohen & Steers Infrastructure Fund, Inc has a twelve month low of $23.42 and a twelve month high of $27.33.

Cohen & Steers Infrastructure Fund Announces Dividend

The business also recently announced a monthly dividend, which will be paid on Tuesday, June 30th. Shareholders of record on Tuesday, June 9th will be issued a dividend of $0.165 per share. The ex-dividend date is Tuesday, June 9th. This represents a c) dividend on an annualized basis and a yield of 7.3%.

About Cohen & Steers Infrastructure Fund

Cohen & Steers Infrastructure Fund, Inc (NYSE: UTF) is a closed-end management investment company that provides investors with exposure to global infrastructure assets. Listed on the New York Stock Exchange, the fund seeks to deliver total return through a combination of current income and capital appreciation. Since its inception in 2014, UTF has offered a vehicle for investors to access both equity and debt securities of companies operating in critical infrastructure sectors.

The fund’s portfolio is diversified across a range of infrastructure industries, including utilities, energy, transportation, and communications.