PMG Family Office LLC Trims Holdings in Cohen & Steers Infrastructure Fund, Inc $UTF

PMG Family Office LLC lessened its holdings in Cohen & Steers Infrastructure Fund, Inc (NYSE:UTF) by 50.9% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 50,072 shares of the investment management company’s stock after selling 51,816 shares during the quarter. Cohen & Steers Infrastructure Fund comprises approximately 1.4% of PMG Family Office LLC’s investment portfolio, making the stock its 25th largest holding. PMG Family Office LLC’s holdings in Cohen & Steers Infrastructure Fund were worth $1,207,000 at the end of the most recent quarter.

Other institutional investors also recently bought and sold shares of the company. Parallel Advisors LLC increased its stake in shares of Cohen & Steers Infrastructure Fund by 1,023.1% in the third quarter. Parallel Advisors LLC now owns 1,168 shares of the investment management company’s stock worth $29,000 after acquiring an additional 1,064 shares during the period. Geneos Wealth Management Inc. raised its holdings in shares of Cohen & Steers Infrastructure Fund by 20.0% during the first quarter. Geneos Wealth Management Inc. now owns 2,398 shares of the investment management company’s stock worth $61,000 after purchasing an additional 400 shares during the last quarter. EverSource Wealth Advisors LLC lifted its position in Cohen & Steers Infrastructure Fund by 142.9% during 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. Sheets Smith Wealth Management purchased a new stake in Cohen & Steers Infrastructure Fund in the fourth quarter valued at $227,000. Finally, Visionary Wealth Advisors raised its stake in shares of Cohen & Steers Infrastructure Fund by 9.4% during the 2nd quarter. Visionary Wealth Advisors now owns 9,524 shares of the investment management company’s stock valued at $257,000 after buying an additional 822 shares during the last quarter.

Cohen & Steers Infrastructure Fund Stock Performance

Shares of UTF opened at $26.08 on Wednesday. The stock’s 50-day moving average price is $26.27 and its 200-day moving average price is $25.02. Cohen & Steers Infrastructure Fund, Inc has a 52 week low of $23.42 and a 52 week high of $27.33.

Cohen & Steers Infrastructure Fund Dividend Announcement

The company also recently declared a monthly dividend, which will be paid on Tuesday, June 30th. Investors of record on Tuesday, June 9th will be issued a dividend of $0.165 per share. The ex-dividend date of this dividend is Tuesday, June 9th. This represents a c) dividend on an annualized basis and a yield of 7.6%.

About Cohen & Steers Infrastructure Fund

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.