Cohen & Steers Infrastructure Fund, Inc $UTF Shares Sold by Prospera Financial Services Inc

Prospera Financial Services Inc cut its stake in shares of Cohen & Steers Infrastructure Fund, Inc (NYSE:UTF) by 52.7% in the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 29,990 shares of the investment management company’s stock after selling 33,449 shares during the period. Prospera Financial Services Inc’s holdings in Cohen & Steers Infrastructure Fund were worth $723,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in UTF. Northwestern Mutual Wealth Management Co. boosted 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 purchasing an additional 1,526,434 shares in the last quarter. Nomura Holdings Inc. acquired a new position in Cohen & Steers Infrastructure Fund in the third quarter valued at approximately $4,951,000. Quarry LP acquired a new position in Cohen & Steers Infrastructure Fund in the third quarter valued at approximately $4,712,000. Absolute Investment Advisers LLC acquired a new position in Cohen & Steers Infrastructure Fund in the fourth quarter valued at approximately $3,732,000. Finally, Two Sigma Investments LP acquired a new position in Cohen & Steers Infrastructure Fund in the third quarter valued at approximately $3,016,000.

Cohen & Steers Infrastructure Fund Stock Down 0.3%

Shares of UTF opened at $26.92 on Friday. The stock has a 50 day moving average price of $26.46 and a 200 day moving average price of $25.54. Cohen & Steers Infrastructure Fund, Inc has a 52-week low of $23.42 and a 52-week high of $27.35.

Cohen & Steers Infrastructure Fund Dividend Announcement

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 issued a $0.165 dividend. This represents a c) dividend on an annualized basis 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.