PNC Financial Services Group Inc. Sells 21,473 Shares of Cohen & Steers Infrastructure Fund, Inc $UTF

PNC Financial Services Group Inc. lowered its holdings in shares of Cohen & Steers Infrastructure Fund, Inc (NYSE:UTF) by 46.1% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 25,098 shares of the investment management company’s stock after selling 21,473 shares during the quarter. PNC Financial Services Group Inc.’s holdings in Cohen & Steers Infrastructure Fund were worth $605,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also modified their holdings of UTF. Northwestern Mutual Wealth Management Co. raised its holdings in shares of Cohen & Steers Infrastructure Fund by 7,852.0% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 1,545,874 shares of the investment management company’s stock valued at $37,271,000 after purchasing an additional 1,526,434 shares in the last quarter. Nomura Holdings Inc. bought a new position in shares of Cohen & Steers Infrastructure Fund during the 3rd quarter valued at $4,951,000. Quarry LP bought a new position in shares of Cohen & Steers Infrastructure Fund during the 3rd quarter valued at $4,712,000. Absolute Investment Advisers LLC acquired a new position in Cohen & Steers Infrastructure Fund during the fourth quarter valued at approximately $3,732,000. Finally, Two Sigma Investments LP acquired a new position in Cohen & Steers Infrastructure Fund during the third quarter valued at approximately $3,016,000.

Cohen & Steers Infrastructure Fund Trading Down 0.1%

Shares of UTF stock opened at $26.92 on Monday. Cohen & Steers Infrastructure Fund, Inc has a 12 month low of $23.42 and a 12 month high of $27.35. The business’s 50 day moving average is $26.46 and its two-hundred day moving average is $25.55.

Cohen & Steers Infrastructure Fund Announces Dividend

The business also recently declared 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. This represents a c) annualized dividend and a yield of 7.4%. The ex-dividend date is Tuesday, June 9th.

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.