Strategic Financial Concepts LLC Invests $2.95 Million in Cohen & Steers Infrastructure Fund, Inc (NYSE:UTF)

Strategic Financial Concepts LLC acquired a new stake in Cohen & Steers Infrastructure Fund, Inc (NYSE:UTF) in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 122,604 shares of the investment management company’s stock, valued at approximately $2,947,000.

Other institutional investors and hedge funds have also recently made changes to their positions in the company. Harbour Investments Inc. increased its position in Cohen & Steers Infrastructure Fund by 12.7% during the 3rd quarter. Harbour Investments Inc. now owns 20,490 shares of the investment management company’s stock valued at $533,000 after purchasing an additional 2,304 shares during the period. Creative Planning boosted its stake in shares of Cohen & Steers Infrastructure Fund by 22.9% during the third quarter. Creative Planning now owns 33,221 shares of the investment management company’s stock valued at $865,000 after purchasing an additional 6,190 shares in the last quarter. Raymond James & Associates increased its holdings in Cohen & Steers Infrastructure Fund by 0.8% during the third quarter. Raymond James & Associates now owns 253,586 shares of the investment management company’s stock valued at $6,601,000 after buying an additional 2,137 shares during the period. MML Investors Services LLC raised its stake in Cohen & Steers Infrastructure Fund by 7.7% in the third quarter. MML Investors Services LLC now owns 13,403 shares of the investment management company’s stock worth $349,000 after buying an additional 956 shares in the last quarter. Finally, Janney Montgomery Scott LLC raised its stake in Cohen & Steers Infrastructure Fund by 10.9% in the fourth quarter. Janney Montgomery Scott LLC now owns 58,844 shares of the investment management company’s stock worth $1,415,000 after buying an additional 5,769 shares in the last quarter.

Cohen & Steers Infrastructure Fund Stock Down 0.5 %

Shares of NYSE UTF opened at $24.39 on Monday. Cohen & Steers Infrastructure Fund, Inc has a 12-month low of $21.26 and a 12-month high of $26.31. The stock’s fifty day simple moving average is $24.14 and its two-hundred day simple moving average is $24.88.

Cohen & Steers Infrastructure Fund Dividend Announcement

The business also recently disclosed a dividend, which was paid on Friday, January 31st. Investors of record on Wednesday, January 15th were given a dividend of $0.155 per share. This represents a yield of 7.94%. The ex-dividend date was Tuesday, January 14th.

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.