National Wealth Management Group LLC Makes New Investment in Cohen & Steers Infrastructure Fund, Inc (NYSE:UTF)

National Wealth Management Group LLC acquired a new position in Cohen & Steers Infrastructure Fund, Inc (NYSE:UTF) during the 4th quarter, HoldingsChannel.com reports. The institutional investor acquired 9,035 shares of the investment management company’s stock, valued at approximately $217,000.

A number of other institutional investors and hedge funds have also bought and sold shares of UTF. Benjamin Edwards Inc. acquired a new stake in Cohen & Steers Infrastructure Fund in the 3rd quarter worth $1,662,000. HighTower Advisors LLC lifted its stake in shares of Cohen & Steers Infrastructure Fund by 15.0% in the third quarter. HighTower Advisors LLC now owns 52,527 shares of the investment management company’s stock valued at $1,367,000 after buying an additional 6,848 shares during the period. Stifel Financial Corp increased its stake in Cohen & Steers Infrastructure Fund by 1.3% during the third quarter. Stifel Financial Corp now owns 315,839 shares of the investment management company’s stock valued at $8,221,000 after acquiring an additional 3,959 shares during the period. MML Investors Services LLC raised its holdings in Cohen & Steers Infrastructure Fund by 7.7% in the 3rd quarter. MML Investors Services LLC now owns 13,403 shares of the investment management company’s stock valued at $349,000 after acquiring an additional 956 shares in the last quarter. Finally, Abel Hall LLC bought a new stake in shares of Cohen & Steers Infrastructure Fund in the 3rd quarter worth approximately $260,000.

Cohen & Steers Infrastructure Fund Price Performance

Shares of NYSE:UTF opened at $25.61 on Tuesday. Cohen & Steers Infrastructure Fund, Inc has a 1-year low of $21.26 and a 1-year high of $26.31. The business’s 50 day moving average is $24.55 and its 200-day moving average is $24.86.

Cohen & Steers Infrastructure Fund Dividend Announcement

The firm also recently declared a — dividend, which will be paid on Monday, June 30th. Shareholders of record on Tuesday, June 10th will be paid a dividend of $0.155 per share. The ex-dividend date of this dividend 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.