NewEdge Advisors LLC Grows Stake in Cohen & Steers Infrastructure Fund, Inc (NYSE:UTF)

NewEdge Advisors LLC increased its stake in Cohen & Steers Infrastructure Fund, Inc (NYSE:UTF) by 4.9% in the fourth quarter, Holdings Channel.com reports. The institutional investor owned 82,330 shares of the investment management company’s stock after purchasing an additional 3,883 shares during the quarter. NewEdge Advisors LLC’s holdings in Cohen & Steers Infrastructure Fund were worth $1,979,000 as of its most recent SEC filing.

Several other hedge funds have also modified their holdings of UTF. Jones Financial Companies Lllp purchased a new position in Cohen & Steers Infrastructure Fund in the 4th quarter worth approximately $32,000. Millstone Evans Group LLC purchased a new position in shares of Cohen & Steers Infrastructure Fund in the fourth quarter valued at $36,000. Wilmington Savings Fund Society FSB acquired a new stake in Cohen & Steers Infrastructure Fund during the 3rd quarter valued at $45,000. Allworth Financial LP increased its stake in Cohen & Steers Infrastructure Fund by 45.7% during the 4th quarter. Allworth Financial LP now owns 3,421 shares of the investment management company’s stock worth $83,000 after buying an additional 1,073 shares during the period. Finally, Golden State Wealth Management LLC acquired a new position in Cohen & Steers Infrastructure Fund in the 4th quarter worth $115,000.

Cohen & Steers Infrastructure Fund Stock Performance

Shares of Cohen & Steers Infrastructure Fund stock opened at $24.79 on Wednesday. Cohen & Steers Infrastructure Fund, Inc has a 1-year low of $22.05 and a 1-year high of $26.31. The business has a 50-day moving average of $24.49 and a 200-day moving average of $24.67.

Cohen & Steers Infrastructure Fund Dividend Announcement

The firm also recently disclosed a — dividend, which will be paid on Monday, June 30th. Shareholders of record on Tuesday, June 10th will be issued a dividend of $0.155 per share. The ex-dividend date is Tuesday, June 10th. This represents a yield of 7.3%.

Cohen & Steers Infrastructure Fund Profile

Cohen & Steers Infrastructure Fund, Inc is a closed-end equity fund launched by Cohen & Steers, Inc The fund is managed by Cohen & Steers Capital Management, Inc It invests in public equity markets of the United States. The fund invests primarily in value stocks of infrastructure companies across all market capitalizations.