Cohen & Steers Infrastructure Fund, Inc $UTF Shares Sold by Wealth Enhancement Advisory Services LLC

Wealth Enhancement Advisory Services LLC reduced its holdings in shares of Cohen & Steers Infrastructure Fund, Inc (NYSE:UTF) by 17.3% in the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 18,353 shares of the investment management company’s stock after selling 3,839 shares during the quarter. Wealth Enhancement Advisory Services LLC’s holdings in Cohen & Steers Infrastructure Fund were worth $496,000 as of its most recent filing with the SEC.

A number of other hedge funds have also made changes to their positions in UTF. Costello Asset Management INC purchased a new stake in Cohen & Steers Infrastructure Fund during the first quarter worth approximately $42,000. Investors Research Corp purchased a new stake in shares of Cohen & Steers Infrastructure Fund during the 2nd quarter worth approximately $43,000. Geneos Wealth Management Inc. boosted its holdings in shares of Cohen & Steers Infrastructure Fund by 20.0% in the 1st quarter. Geneos Wealth Management Inc. now owns 2,398 shares of the investment management company’s stock valued at $61,000 after buying an additional 400 shares in the last quarter. Cape Investment Advisory Inc. acquired a new position in shares of Cohen & Steers Infrastructure Fund in the 1st quarter valued at $98,000. Finally, Everstar Asset Management LLC purchased a new position in shares of Cohen & Steers Infrastructure Fund in the 1st quarter valued at $112,000.

Cohen & Steers Infrastructure Fund Price Performance

Shares of UTF opened at $24.68 on Monday. Cohen & Steers Infrastructure Fund, Inc has a 1-year low of $22.05 and a 1-year high of $27.25. The firm has a fifty day moving average price of $25.99 and a 200 day moving average price of $25.77.

Cohen & Steers Infrastructure Fund Announces Dividend

The company also recently announced a monthly dividend, which will be paid on Friday, October 31st. Investors of record on Thursday, October 2nd will be given a $0.155 dividend. The ex-dividend date of this dividend is Thursday, October 2nd. This represents a c) dividend on an annualized basis and a dividend yield of 7.5%.

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.