International Assets Investment Management LLC Takes Position in Cohen & Steers Infrastructure Fund, Inc (NYSE:UTF)

International Assets Investment Management LLC bought a new position in shares of 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 (SEC). The fund bought 50,736 shares of the investment management company’s stock, valued at approximately $1,078,000.

Several other large investors have also recently bought and sold shares of UTF. McGowan Group Asset Management Inc. boosted its position in shares of Cohen & Steers Infrastructure Fund by 0.3% during the 3rd quarter. McGowan Group Asset Management Inc. now owns 1,249,542 shares of the investment management company’s stock worth $24,466,000 after acquiring an additional 3,860 shares in the last quarter. Raymond James Financial Services Advisors Inc. boosted its holdings in Cohen & Steers Infrastructure Fund by 52.8% in the fourth quarter. Raymond James Financial Services Advisors Inc. now owns 588,780 shares of the investment management company’s stock valued at $12,506,000 after purchasing an additional 203,391 shares in the last quarter. LPL Financial LLC boosted its holdings in Cohen & Steers Infrastructure Fund by 4.6% in the third quarter. LPL Financial LLC now owns 305,647 shares of the investment management company’s stock valued at $5,985,000 after purchasing an additional 13,481 shares in the last quarter. Commonwealth Equity Services LLC increased its stake in Cohen & Steers Infrastructure Fund by 5.1% in the third quarter. Commonwealth Equity Services LLC now owns 167,205 shares of the investment management company’s stock valued at $3,274,000 after purchasing an additional 8,136 shares during the last quarter. Finally, United Capital Management of KS Inc. raised its holdings in Cohen & Steers Infrastructure Fund by 2.1% during the third quarter. United Capital Management of KS Inc. now owns 146,922 shares of the investment management company’s stock worth $2,877,000 after purchasing an additional 2,980 shares in the last quarter.

Cohen & Steers Infrastructure Fund Stock Performance

Shares of Cohen & Steers Infrastructure Fund stock opened at $22.28 on Tuesday. The company has a fifty day simple moving average of $22.36 and a 200-day simple moving average of $21.45. Cohen & Steers Infrastructure Fund, Inc has a 12-month low of $18.15 and a 12-month high of $23.87.

Cohen & Steers Infrastructure Fund Announces Dividend

The company also recently disclosed a monthly dividend, which will be paid on Friday, June 28th. Shareholders of record on Tuesday, June 11th will be issued a dividend of $0.155 per share. This represents a $1.86 annualized dividend and a dividend yield of 8.35%. The ex-dividend date of this dividend is Tuesday, June 11th.

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.