Cohen & Steers Infrastructure Fund, Inc (NYSE:UTF) Shares Sold by Spire Wealth Management

Spire Wealth Management lessened its holdings in shares of Cohen & Steers Infrastructure Fund, Inc (NYSE:UTF) by 10.5% during the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 3,840 shares of the investment management company’s stock after selling 449 shares during the quarter. Spire Wealth Management’s holdings in Cohen & Steers Infrastructure Fund were worth $98,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Jones Financial Companies Lllp acquired a new stake in Cohen & Steers Infrastructure Fund during the 4th quarter worth $32,000. Millstone Evans Group LLC acquired a new stake in Cohen & Steers Infrastructure Fund during the 4th quarter worth $36,000. Lowe Wealth Advisors LLC boosted its stake in Cohen & Steers Infrastructure Fund by 120.3% during the 1st quarter. Lowe Wealth Advisors LLC now owns 1,780 shares of the investment management company’s stock worth $45,000 after purchasing an additional 972 shares during the last quarter. Farther Finance Advisors LLC boosted its stake in Cohen & Steers Infrastructure Fund by 709.0% during the 1st quarter. Farther Finance Advisors LLC now owns 4,854 shares of the investment management company’s stock worth $124,000 after purchasing an additional 4,254 shares during the last quarter. Finally, Comerica Bank boosted its stake in Cohen & Steers Infrastructure Fund by 38.4% during the 4th quarter. Comerica Bank now owns 7,281 shares of the investment management company’s stock worth $175,000 after purchasing an additional 2,020 shares during the last quarter.

Cohen & Steers Infrastructure Fund Price Performance

Shares of UTF stock opened at $26.92 on Tuesday. The company’s 50-day moving average price is $25.82 and its 200-day moving average price is $24.82. Cohen & Steers Infrastructure Fund, Inc has a twelve month low of $22.05 and a twelve month high of $26.95.

Cohen & Steers Infrastructure Fund Announces Dividend

The company also recently declared a monthly dividend, which will be paid on Tuesday, September 30th. Stockholders of record on Tuesday, September 9th will be given a dividend of $0.155 per share. The ex-dividend date of this dividend is Tuesday, September 9th. This represents a $1.86 annualized dividend and a dividend yield of 6.91%.

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.