Cohen & Steers Infrastructure Fund, Inc (NYSE:UTF) Shares Sold by Bank of America Corp DE

Bank of America Corp DE cut its stake in Cohen & Steers Infrastructure Fund, Inc (NYSE:UTF) by 1.5% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 856,071 shares of the investment management company’s stock after selling 13,454 shares during the quarter. Bank of America Corp DE’s holdings in Cohen & Steers Infrastructure Fund were worth $20,580,000 at the end of the most recent reporting period.

A number of other large investors also recently bought and sold shares of UTF. MGB Wealth Management LLC increased its position in shares of Cohen & Steers Infrastructure Fund by 4.9% during the fourth quarter. MGB Wealth Management LLC now owns 20,676 shares of the investment management company’s stock worth $497,000 after purchasing an additional 975 shares in the last quarter. DAVENPORT & Co LLC grew its holdings in shares of Cohen & Steers Infrastructure Fund by 6.9% during the 4th quarter. DAVENPORT & Co LLC now owns 15,713 shares of the investment management company’s stock worth $378,000 after purchasing an additional 1,020 shares during the period. Allworth Financial LP grew its holdings in shares of Cohen & Steers Infrastructure Fund by 45.7% during the 4th quarter. Allworth Financial LP now owns 3,421 shares of the investment management company’s stock worth $83,000 after purchasing an additional 1,073 shares during the period. Sigma Planning Corp grew its holdings in shares of Cohen & Steers Infrastructure Fund by 11.6% during the 4th quarter. Sigma Planning Corp now owns 10,329 shares of the investment management company’s stock worth $248,000 after purchasing an additional 1,074 shares during the period. Finally, Consolidated Portfolio Review Corp grew its holdings in shares of Cohen & Steers Infrastructure Fund by 1.4% during the 4th quarter. Consolidated Portfolio Review Corp now owns 83,652 shares of the investment management company’s stock worth $2,011,000 after purchasing an additional 1,148 shares during the period.

Cohen & Steers Infrastructure Fund Trading Up 0.1%

NYSE UTF opened at $25.76 on Tuesday. The stock has a fifty day simple moving average of $24.82 and a 200-day simple moving average of $24.66. Cohen & Steers Infrastructure Fund, Inc has a twelve month low of $22.05 and a twelve month high of $26.31.

Cohen & Steers Infrastructure Fund Announces Dividend

The company also recently announced a dividend, which will be paid on Friday, May 30th. Investors of record on Wednesday, May 14th will be issued a dividend of $0.155 per share. This represents a yield of 7.27%. The ex-dividend date of this dividend is Tuesday, May 13th.

Cohen & Steers Infrastructure Fund 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.