Oppenheimer & Co. Inc. Sells 36,762 Shares of Cohen & Steers Infrastructure Fund, Inc $UTF

Oppenheimer & Co. Inc. cut its stake in Cohen & Steers Infrastructure Fund, Inc (NYSE:UTF) by 54.5% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 30,663 shares of the investment management company’s stock after selling 36,762 shares during the quarter. Oppenheimer & Co. Inc.’s holdings in Cohen & Steers Infrastructure Fund were worth $739,000 as of its most recent SEC filing.

Several other large investors also recently modified their holdings of UTF. Parallel Advisors LLC increased its position 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 acquiring an additional 1,064 shares during the period. Geneos Wealth Management Inc. increased its position in 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 acquiring an additional 400 shares during the period. EverSource Wealth Advisors LLC increased 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 worth $84,000 after acquiring an additional 2,000 shares during the period. Sheets Smith Wealth Management bought a new position in Cohen & Steers Infrastructure Fund during the fourth quarter worth about $227,000. Finally, Dover Advisors LLC bought a new position in Cohen & Steers Infrastructure Fund during the third quarter worth about $248,000.

Cohen & Steers Infrastructure Fund Stock Down 0.8%

NYSE:UTF opened at $26.99 on Friday. Cohen & Steers Infrastructure Fund, Inc has a 52 week low of $23.42 and a 52 week high of $27.35. The firm’s 50-day simple moving average is $26.26 and its 200 day simple moving average is $25.19.

Cohen & Steers Infrastructure Fund Announces Dividend

The firm also recently declared a monthly dividend, which will be paid on Tuesday, June 30th. Investors of record on Tuesday, June 9th will be given a dividend of $0.165 per share. This represents a c) dividend on an annualized basis and a yield of 7.3%. The ex-dividend date of this dividend is Tuesday, June 9th.

Cohen & Steers Infrastructure Fund Company 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.