Cohen & Steers Infrastructure Fund, Inc (NYSE:UTF) Shares Sold by Truist Financial Corp

Truist Financial Corp trimmed its stake in shares of Cohen & Steers Infrastructure Fund, Inc (NYSE:UTF) by 1.6% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 147,943 shares of the investment management company’s stock after selling 2,431 shares during the quarter. Truist Financial Corp’s holdings in Cohen & Steers Infrastructure Fund were worth $3,142,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also made changes to their positions in the stock. LWM Advisory Services LLC bought a new position in Cohen & Steers Infrastructure Fund in the 3rd quarter worth about $29,000. Tennessee Valley Asset Management Partners acquired a new position in shares of Cohen & Steers Infrastructure Fund during the fourth quarter worth approximately $37,000. Wolverine Asset Management LLC bought a new position in Cohen & Steers Infrastructure Fund in the 3rd quarter worth approximately $37,000. Harbor Investment Advisory LLC increased its position in Cohen & Steers Infrastructure Fund by 129.0% in the 4th quarter. Harbor Investment Advisory LLC now owns 2,272 shares of the investment management company’s stock valued at $48,000 after acquiring an additional 1,280 shares during the period. Finally, HBC Financial Services PLLC bought a new stake in Cohen & Steers Infrastructure Fund during the 3rd quarter valued at $48,000.

Cohen & Steers Infrastructure Fund Price Performance

NYSE:UTF opened at $23.30 on Wednesday. Cohen & Steers Infrastructure Fund, Inc has a 1 year low of $18.15 and a 1 year high of $23.87. The business has a fifty day moving average of $22.66 and a 200-day moving average of $21.73.

Cohen & Steers Infrastructure Fund Announces Dividend

The business also recently announced a monthly dividend, which will be paid on Friday, June 28th. Investors of record on Tuesday, June 11th will be given a $0.155 dividend. The ex-dividend date of this dividend is Tuesday, June 11th. This represents a $1.86 dividend on an annualized basis and a yield of 7.98%.

About Cohen & Steers Infrastructure Fund

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.