Kestra Private Wealth Services LLC Sells 47,214 Shares of Cohen & Steers Infrastructure Fund, Inc $UTF

Kestra Private Wealth Services LLC cut its stake in shares of Cohen & Steers Infrastructure Fund, Inc (NYSE:UTF) by 57.2% in the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 35,273 shares of the investment management company’s stock after selling 47,214 shares during the period. Kestra Private Wealth Services LLC’s holdings in Cohen & Steers Infrastructure Fund were worth $913,000 at the end of the most recent quarter.

Other institutional investors also recently modified their holdings of the company. Sit Investment Associates Inc. grew its position in Cohen & Steers Infrastructure Fund by 298.5% during the fourth quarter. Sit Investment Associates Inc. now owns 2,644,374 shares of the investment management company’s stock worth $63,756,000 after buying an additional 1,980,749 shares in the last quarter. Northwestern Mutual Wealth Management Co. lifted its stake in Cohen & Steers Infrastructure Fund by 7,852.0% in 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 during the last quarter. McGowan Group Asset Management Inc. grew its stake in shares of Cohen & Steers Infrastructure Fund by 0.7% during the fourth quarter. McGowan Group Asset Management Inc. now owns 1,380,626 shares of the investment management company’s stock worth $33,287,000 after buying an additional 9,124 shares during the last quarter. Rivernorth Capital Management LLC increased its holdings in shares of 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 buying an additional 1,162,921 shares in the last quarter. Finally, Raymond James Financial Inc. increased its holdings in shares of Cohen & Steers Infrastructure Fund by 3.5% during the second quarter. Raymond James Financial Inc. now owns 836,724 shares of the investment management company’s stock worth $22,550,000 after buying an additional 28,192 shares in the last quarter.

Cohen & Steers Infrastructure Fund Price Performance

NYSE UTF opened at $27.19 on Thursday. Cohen & Steers Infrastructure Fund, Inc has a twelve month low of $23.42 and a twelve month high of $27.90. The business’s fifty day moving average is $26.97 and its 200 day moving average is $26.06.

Cohen & Steers Infrastructure Fund Announces Dividend

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

Cohen & Steers Infrastructure Fund 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.