Cohen & Steers Infrastructure Fund, Inc $UTF Stock Holdings Increased by Sit Investment Associates Inc.

Sit Investment Associates Inc. raised its holdings in shares of Cohen & Steers Infrastructure Fund, Inc (NYSE:UTF) by 298.5% in the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 2,644,374 shares of the investment management company’s stock after buying an additional 1,980,749 shares during the period. Cohen & Steers Infrastructure Fund comprises approximately 1.3% of Sit Investment Associates Inc.’s investment portfolio, making the stock its 17th biggest position. Sit Investment Associates Inc.’s holdings in Cohen & Steers Infrastructure Fund were worth $63,756,000 as of its most recent SEC filing.

Several other hedge funds have also recently added to or reduced their stakes in the business. Geneos Wealth Management Inc. lifted its position in shares of Cohen & Steers Infrastructure Fund by 20.0% during the 1st quarter. Geneos Wealth Management Inc. now owns 2,398 shares of the investment management company’s stock valued at $61,000 after acquiring an additional 400 shares during the last quarter. Baird Financial Group Inc. grew its holdings in shares of Cohen & Steers Infrastructure Fund by 3.5% in the 2nd quarter. Baird Financial Group Inc. now owns 17,591 shares of the investment management company’s stock worth $474,000 after acquiring an additional 595 shares during the last quarter. Raymond James Financial Inc. raised its position in shares of Cohen & Steers Infrastructure Fund by 3.5% during the second quarter. Raymond James Financial Inc. now owns 836,724 shares of the investment management company’s stock worth $22,550,000 after purchasing an additional 28,192 shares during the period. Jane Street Group LLC purchased a new stake in shares of Cohen & Steers Infrastructure Fund during the second quarter valued at $600,000. Finally, Visionary Wealth Advisors boosted its position in shares of Cohen & Steers Infrastructure Fund by 9.4% in the 2nd quarter. Visionary Wealth Advisors now owns 9,524 shares of the investment management company’s stock valued at $257,000 after purchasing an additional 822 shares during the period.

Cohen & Steers Infrastructure Fund Stock Up 0.7%

NYSE:UTF opened at $27.14 on Friday. The stock’s 50-day moving average is $26.73 and its two-hundred day moving average is $25.74. Cohen & Steers Infrastructure Fund, Inc has a fifty-two week low of $23.42 and a fifty-two week 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. Stockholders of record on Tuesday, June 9th will be issued a dividend of $0.165 per share. This represents a c) annualized dividend and a dividend yield of 7.3%. The ex-dividend date is Tuesday, June 9th.

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.