2,750,000 Shares in Cohen & Steers Infrastructure Fund, Inc $UTF Purchased by Paralel Advisors LLC

Paralel Advisors LLC purchased a new position in shares of Cohen & Steers Infrastructure Fund, Inc (NYSE:UTF) during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 2,750,000 shares of the investment management company’s stock, valued at approximately $75,872,000. Cohen & Steers Infrastructure Fund comprises 2.9% of Paralel Advisors LLC’s holdings, making the stock its 7th biggest holding.

Several other institutional investors and hedge funds have also recently bought and sold shares of UTF. Griffin Asset Management Inc. boosted its stake in shares of Cohen & Steers Infrastructure Fund by 110.6% during the 4th quarter. Griffin Asset Management Inc. now owns 38,541 shares of the investment management company’s stock worth $929,000 after acquiring an additional 20,240 shares during the period. Matrix Private Capital Group LLC bought a new stake in Cohen & Steers Infrastructure Fund in the 1st quarter valued at $3,115,000. Kestra Advisory Services LLC raised its stake in Cohen & Steers Infrastructure Fund by 40.3% in the 1st quarter. Kestra Advisory Services LLC now owns 238,551 shares of the investment management company’s stock valued at $6,174,000 after acquiring an additional 68,542 shares during the period. IFG Advisory LLC acquired a new stake in Cohen & Steers Infrastructure Fund during the 4th quarter valued at $523,000. Finally, Sit Investment Associates Inc. lifted 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 valued at $63,756,000 after purchasing an additional 1,980,749 shares during the last quarter.

Cohen & Steers Infrastructure Fund Stock Up 0.1%

UTF stock opened at $27.11 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 has a fifty day moving average price of $27.43 and a two-hundred day moving average price of $26.82.

Cohen & Steers Infrastructure Fund Dividend Announcement

The business also recently announced a monthly dividend, which will be paid on Wednesday, September 30th. Stockholders of record on Tuesday, September 8th will be paid a dividend of $0.165 per share. This represents a c) dividend on an annualized basis and a dividend yield of 7.3%. The ex-dividend date is Tuesday, September 8th.

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.