Cohen & Steers Infrastructure Fund, Inc (NYSE:UTF) Shares Purchased by Sound Income Strategies LLC

Sound Income Strategies LLC boosted its position in Cohen & Steers Infrastructure Fund, Inc (NYSE:UTF) by 781.2% in the fourth quarter, Holdings Channel.com reports. The firm owned 8,935 shares of the investment management company’s stock after acquiring an additional 7,921 shares during the quarter. Sound Income Strategies LLC’s holdings in Cohen & Steers Infrastructure Fund were worth $215,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds have also recently added to or reduced their stakes in the company. Northwest Investment Counselors LLC acquired a new stake in Cohen & Steers Infrastructure Fund in the third quarter valued at about $26,000. Wilmington Savings Fund Society FSB acquired a new stake in Cohen & Steers Infrastructure Fund in the third quarter valued at about $45,000. Ashton Thomas Securities LLC acquired a new stake in Cohen & Steers Infrastructure Fund in the third quarter valued at about $153,000. Kovack Advisors Inc. acquired a new stake in shares of Cohen & Steers Infrastructure Fund during the 3rd quarter valued at approximately $202,000. Finally, Main Street Financial Solutions LLC acquired a new stake in shares of Cohen & Steers Infrastructure Fund during the 3rd quarter valued at approximately $247,000.

Cohen & Steers Infrastructure Fund Trading Up 0.4 %

UTF stock opened at $24.39 on Friday. The firm has a 50 day moving average of $24.56 and a 200-day moving average of $24.81. Cohen & Steers Infrastructure Fund, Inc has a 12-month low of $21.15 and a 12-month high of $26.31.

Cohen & Steers Infrastructure Fund Dividend Announcement

The business also recently declared a dividend, which will be paid on Friday, January 31st. Stockholders of record on Wednesday, January 15th will be given a dividend of $0.155 per share. The ex-dividend date is Tuesday, January 14th. This represents a dividend yield of 7.94%.

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.