NWF Advisory Services Inc. Has $2.28 Million Position in Cohen & Steers Infrastructure Fund, Inc $UTF

NWF Advisory Services Inc. boosted its stake in shares of Cohen & Steers Infrastructure Fund, Inc (NYSE:UTF) by 96.6% during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 82,777 shares of the investment management company’s stock after acquiring an additional 40,664 shares during the period. NWF Advisory Services Inc.’s holdings in Cohen & Steers Infrastructure Fund were worth $2,284,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. Paralel Advisors LLC acquired a new stake in shares of Cohen & Steers Infrastructure Fund during the 2nd quarter worth $75,872,000. Sit Investment Associates Inc. raised its stake in Cohen & Steers Infrastructure Fund by 298.5% in the fourth 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 in the last quarter. Northwestern Mutual Wealth Management Co. lifted its position in Cohen & Steers Infrastructure Fund by 7,852.0% during 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 purchasing an additional 1,526,434 shares during the period. Rivernorth Capital Management LLC lifted its position in Cohen & Steers Infrastructure Fund by 3,389.6% during 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 purchasing an additional 1,162,921 shares during the period. Finally, Royal Bank of Canada grew its stake in Cohen & Steers Infrastructure Fund by 3.5% during the first quarter. Royal Bank of Canada now owns 936,075 shares of the investment management company’s stock worth $24,225,000 after buying an additional 32,064 shares in the last quarter.

Cohen & Steers Infrastructure Fund Price Performance

UTF stock opened at $26.86 on Friday. Cohen & Steers Infrastructure Fund, Inc has a 12 month low of $23.42 and a 12 month high of $28.11. The company’s 50-day moving average price is $27.41 and its two-hundred day moving average price is $26.88.

Cohen & Steers Infrastructure Fund Announces Dividend

The company also recently declared a monthly dividend, which will be paid on Wednesday, September 30th. Investors of record on Tuesday, September 8th will be given a dividend of $0.165 per share. The ex-dividend date is Tuesday, September 8th. This represents a c) annualized dividend and a dividend yield of 7.4%.

Cohen & Steers Infrastructure Fund Company Profile

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.