Cohen & Steers Infrastructure Fund, Inc $UTF Shares Bought by Northwestern Mutual Wealth Management Co.

Northwestern Mutual Wealth Management Co. raised its holdings in Cohen & Steers Infrastructure Fund, Inc (NYSE:UTF) by 7,852.0% during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 1,545,874 shares of the investment management company’s stock after purchasing an additional 1,526,434 shares during the quarter. Northwestern Mutual Wealth Management Co.’s holdings in Cohen & Steers Infrastructure Fund were worth $37,271,000 at the end of the most recent reporting period.

Several other hedge funds also recently added to or reduced their stakes in the business. Conning Inc. boosted its holdings in Cohen & Steers Infrastructure Fund by 1.9% in the fourth quarter. Conning Inc. now owns 127,390 shares of the investment management company’s stock valued at $3,071,000 after purchasing an additional 2,406 shares during the last quarter. World Investment Advisors purchased a new stake in Cohen & Steers Infrastructure Fund in the fourth quarter valued at $219,000. Wolverine Asset Management LLC purchased a new stake in Cohen & Steers Infrastructure Fund in the fourth quarter valued at $867,000. Cornerstone Planning Group LLC purchased a new stake in Cohen & Steers Infrastructure Fund in the fourth quarter valued at $55,000. Finally, Comerica Bank boosted its holdings in Cohen & Steers Infrastructure Fund by 38.5% in the fourth quarter. Comerica Bank now owns 11,683 shares of the investment management company’s stock valued at $282,000 after purchasing an additional 3,249 shares during the last quarter.

Cohen & Steers Infrastructure Fund Stock Down 0.7%

NYSE:UTF opened at $26.64 on Tuesday. Cohen & Steers Infrastructure Fund, Inc has a one year low of $23.42 and a one year high of $27.35. The firm’s fifty day moving average is $26.28 and its two-hundred day moving average is $25.34.

Cohen & Steers Infrastructure Fund Dividend Announcement

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

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.