IFG Advisory LLC Takes Position in Cohen & Steers Infrastructure Fund, Inc $UTF

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

Several other institutional investors have also recently added to or reduced their stakes in UTF. Northwestern Mutual Wealth Management Co. raised its holdings in Cohen & Steers Infrastructure Fund by 7,852.0% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 1,545,874 shares of the investment management company’s stock valued at $37,271,000 after acquiring an additional 1,526,434 shares in the last quarter. Nomura Holdings Inc. acquired a new stake in Cohen & Steers Infrastructure Fund in the third quarter valued at $4,951,000. Quarry LP acquired a new stake in Cohen & Steers Infrastructure Fund in the third quarter valued at $4,712,000. Absolute Investment Advisers LLC acquired a new stake in Cohen & Steers Infrastructure Fund in the fourth quarter valued at $3,732,000. Finally, Two Sigma Investments LP acquired a new stake in Cohen & Steers Infrastructure Fund in the third quarter valued at $3,016,000.

Cohen & Steers Infrastructure Fund Stock Down 0.3%

UTF opened at $26.92 on Friday. The firm’s fifty day moving average price is $26.46 and its 200 day moving average price is $25.54. Cohen & Steers Infrastructure Fund, Inc has a 12-month low of $23.42 and a 12-month high of $27.35.

Cohen & Steers Infrastructure Fund Announces Dividend

The business 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 $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%.

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.