Griffin Asset Management Inc. Grows Position in Cohen & Steers Infrastructure Fund, Inc $UTF

Griffin Asset Management Inc. boosted its stake in Cohen & Steers Infrastructure Fund, Inc (NYSE:UTF) by 110.6% in the fourth quarter, HoldingsChannel reports. The institutional investor owned 38,541 shares of the investment management company’s stock after buying an additional 20,240 shares during the quarter. Griffin Asset Management Inc.’s holdings in Cohen & Steers Infrastructure Fund were worth $929,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also bought and sold shares of UTF. Geneos Wealth Management Inc. grew its stake in Cohen & Steers Infrastructure Fund by 20.0% in the 1st quarter. Geneos Wealth Management Inc. now owns 2,398 shares of the investment management company’s stock valued at $61,000 after purchasing an additional 400 shares during the period. Baird Financial Group Inc. grew its stake in Cohen & Steers Infrastructure Fund by 3.5% in the 2nd quarter. Baird Financial Group Inc. now owns 17,591 shares of the investment management company’s stock valued at $474,000 after purchasing an additional 595 shares during the period. Raymond James Financial Inc. grew its stake in Cohen & Steers Infrastructure Fund by 3.5% in the 2nd quarter. Raymond James Financial Inc. now owns 836,724 shares of the investment management company’s stock valued at $22,550,000 after purchasing an additional 28,192 shares during the period. Jane Street Group LLC bought a new position in Cohen & Steers Infrastructure Fund in the 2nd quarter valued at $600,000. Finally, Visionary Wealth Advisors grew its stake in Cohen & Steers Infrastructure Fund by 9.4% in the 2nd quarter. Visionary Wealth Advisors now owns 9,524 shares of the investment management company’s stock valued at $257,000 after purchasing an additional 822 shares during the period.

Cohen & Steers Infrastructure Fund Stock Performance

Shares of NYSE:UTF opened at $26.83 on Thursday. Cohen & Steers Infrastructure Fund, Inc has a 1 year low of $23.42 and a 1 year high of $27.35. The business has a fifty day moving average price of $26.30 and a two-hundred day moving average price of $25.39.

Cohen & Steers Infrastructure Fund Dividend Announcement

The company also recently disclosed a monthly dividend, which will be paid on Tuesday, June 30th. Investors of record on Tuesday, June 9th will be issued a $0.165 dividend. The ex-dividend date of this dividend is Tuesday, June 9th. This represents a c) annualized dividend and a yield of 7.4%.

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.