IFG Advisory LLC Makes New $523,000 Investment in Cohen & Steers Infrastructure Fund, Inc $UTF

IFG Advisory LLC acquired a new position in shares of Cohen & Steers Infrastructure Fund, Inc (NYSE:UTF) in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund acquired 21,700 shares of the investment management company’s stock, valued at approximately $523,000.

Other institutional investors also recently bought and sold shares of the company. Parallel Advisors LLC grew its stake in Cohen & Steers Infrastructure Fund by 1,023.1% during the third quarter. Parallel Advisors LLC now owns 1,168 shares of the investment management company’s stock worth $29,000 after buying an additional 1,064 shares during the period. Cornerstone Planning Group LLC purchased a new position in shares of Cohen & Steers Infrastructure Fund in the fourth quarter valued at $55,000. Geneos Wealth Management Inc. boosted its stake in shares of Cohen & Steers Infrastructure Fund by 20.0% in the first 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. EverSource Wealth Advisors LLC boosted its stake in shares of Cohen & Steers Infrastructure Fund by 142.9% in the third quarter. EverSource Wealth Advisors LLC now owns 3,400 shares of the investment management company’s stock valued at $84,000 after purchasing an additional 2,000 shares during the period. Finally, World Investment Advisors purchased a new position in shares of Cohen & Steers Infrastructure Fund in the fourth quarter valued at $219,000.

Cohen & Steers Infrastructure Fund Stock Performance

Shares of UTF stock opened at $26.92 on Friday. The firm has a fifty day simple moving average of $26.46 and a 200-day simple moving average of $25.54. Cohen & Steers Infrastructure Fund, Inc has a twelve month low of $23.42 and a twelve month high of $27.35.

Cohen & Steers Infrastructure Fund Announces Dividend

The company also recently announced a monthly dividend, which will be paid on Tuesday, June 30th. Stockholders of record on Tuesday, June 9th will be paid a $0.165 dividend. The ex-dividend date is Tuesday, June 9th. This represents a c) annualized dividend and a dividend 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.