Jolley Asset Management LLC bought a new stake in Cohen & Steers Infrastructure Fund Inc. (NYSE:UTF) in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor bought 12,075 shares of the investment management company’s stock, valued at approximately $316,000.

A number of other institutional investors and hedge funds also recently made changes to their positions in the stock. First Trust Advisors LP boosted its position in shares of Cohen & Steers Infrastructure Fund by 0.6% during the 1st quarter. First Trust Advisors LP now owns 173,040 shares of the investment management company’s stock valued at $4,243,000 after purchasing an additional 1,078 shares in the last quarter. US Bancorp DE boosted its holdings in shares of Cohen & Steers Infrastructure Fund by 9.8% in the second quarter. US Bancorp DE now owns 5,008 shares of the investment management company’s stock worth $130,000 after buying an additional 447 shares during the period. Morgan Stanley boosted its holdings in shares of Cohen & Steers Infrastructure Fund by 1.9% in the second quarter. Morgan Stanley now owns 1,309,650 shares of the investment management company’s stock worth $33,986,000 after buying an additional 24,891 shares during the period. Ladenburg Thalmann Financial Services Inc. boosted its holdings in shares of Cohen & Steers Infrastructure Fund by 20.0% in the second quarter. Ladenburg Thalmann Financial Services Inc. now owns 127,499 shares of the investment management company’s stock worth $3,309,000 after buying an additional 21,261 shares during the period. Finally, HM Payson & Co. acquired a new position in shares of Cohen & Steers Infrastructure Fund in the second quarter worth about $260,000.

Shares of UTF traded down $0.06 during midday trading on Friday, hitting $27.19. The stock had a trading volume of 900 shares, compared to its average volume of 396,287. Cohen & Steers Infrastructure Fund Inc. has a fifty-two week low of $22.19 and a fifty-two week high of $27.54. The business has a 50-day simple moving average of $26.22 and a two-hundred day simple moving average of $26.40.

The company also recently announced a monthly dividend, which will be paid on Tuesday, March 31st. Shareholders of record on Wednesday, March 18th will be issued a $0.155 dividend. This represents a $1.86 annualized dividend and a dividend yield of 6.84%. The ex-dividend date of this dividend is Tuesday, March 17th.

Cohen & Steers Infrastructure Fund Company Profile

Cohen & Steers Infrastructure Fund, Inc is a closed-end equity fund launched by Cohen & Steers, Inc The fund is managed by Cohen & Steers Capital Management, Inc It invests in public equity markets of the United States. The fund invests primarily in value stocks of infrastructure companies across all market capitalizations.

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Institutional Ownership by Quarter for Cohen & Steers Infrastructure Fund (NYSE:UTF)

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