Matrix Private Capital Group LLC Takes Position in Cohen & Steers Infrastructure Fund, Inc $UTF

Matrix Private Capital Group LLC purchased a new stake in Cohen & Steers Infrastructure Fund, Inc (NYSE:UTF) in the first quarter, Holdings Channel.com reports. The firm purchased 120,381 shares of the investment management company’s stock, valued at approximately $3,115,000. Cohen & Steers Infrastructure Fund makes up about 1.5% of Matrix Private Capital Group LLC’s investment portfolio, making the stock its 16th biggest position.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Sit Investment Associates Inc. grew its holdings in Cohen & Steers Infrastructure Fund by 298.5% during the 4th quarter. Sit Investment Associates Inc. now owns 2,644,374 shares of the investment management company’s stock worth $63,756,000 after acquiring an additional 1,980,749 shares during the last quarter. Northwestern Mutual Wealth Management Co. raised its stake in shares of Cohen & Steers Infrastructure Fund by 7,852.0% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 1,545,874 shares of the investment management company’s stock worth $37,271,000 after acquiring an additional 1,526,434 shares during the last quarter. Rivernorth Capital Management LLC raised its stake in shares of Cohen & Steers Infrastructure Fund by 3,389.6% in the fourth quarter. Rivernorth Capital Management LLC now owns 1,197,230 shares of the investment management company’s stock worth $28,865,000 after acquiring an additional 1,162,921 shares during the last quarter. Readystate Asset Management LP acquired a new position in shares of Cohen & Steers Infrastructure Fund during the fourth quarter worth approximately $5,029,000. Finally, Nomura Holdings Inc. acquired a new position in shares of Cohen & Steers Infrastructure Fund during the third quarter worth approximately $4,951,000.

Cohen & Steers Infrastructure Fund Price Performance

UTF opened at $27.98 on Friday. Cohen & Steers Infrastructure Fund, Inc has a one year low of $23.42 and a one year high of $28.11. The company’s 50 day simple moving average is $27.28 and its 200-day simple moving average is $26.48.

Cohen & Steers Infrastructure Fund Dividend Announcement

The company also recently disclosed a monthly dividend, which will be paid on Wednesday, September 30th. Shareholders of record on Tuesday, September 8th will be issued a dividend of $0.165 per share. The ex-dividend date of this dividend is Tuesday, September 8th. This represents a c) annualized dividend and a yield of 7.1%.

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.