154,957 Shares in Cohen & Steers Infrastructure Fund, Inc $UTF Acquired by Absolute Investment Advisers LLC

Absolute Investment Advisers 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 disclosure with the Securities & Exchange Commission. The institutional investor bought 154,957 shares of the investment management company’s stock, valued at approximately $3,732,000.

A number of other large investors have also recently added to or reduced their stakes in the stock. Geneos Wealth Management Inc. boosted its position in shares of Cohen & Steers Infrastructure Fund by 20.0% in the first quarter. Geneos Wealth Management Inc. now owns 2,398 shares of the investment management company’s stock valued at $61,000 after acquiring an additional 400 shares during the period. Baird Financial Group Inc. boosted its position in shares of Cohen & Steers Infrastructure Fund by 3.5% in the second quarter. Baird Financial Group Inc. now owns 17,591 shares of the investment management company’s stock valued at $474,000 after acquiring an additional 595 shares during the period. Raymond James Financial Inc. lifted its position in Cohen & Steers Infrastructure Fund by 3.5% in the second quarter. Raymond James Financial Inc. now owns 836,724 shares of the investment management company’s stock worth $22,550,000 after purchasing an additional 28,192 shares during the period. Jane Street Group LLC bought a new position in Cohen & Steers Infrastructure Fund in the second quarter worth $600,000. Finally, Visionary Wealth Advisors lifted its position in Cohen & Steers Infrastructure Fund by 9.4% in the second quarter. Visionary Wealth Advisors now owns 9,524 shares of the investment management company’s stock worth $257,000 after purchasing an additional 822 shares during the period.

Cohen & Steers Infrastructure Fund Stock Down 1.8%

Shares of UTF stock opened at $26.08 on Wednesday. Cohen & Steers Infrastructure Fund, Inc has a one year low of $23.42 and a one year high of $27.33. The stock has a fifty day moving average price of $26.27 and a 200 day moving average price of $25.02.

Cohen & Steers Infrastructure Fund Announces Dividend

The company also recently announced a monthly dividend, which will be paid on Tuesday, June 30th. Investors of record on Tuesday, June 9th will be given a dividend of $0.165 per share. The ex-dividend date is Tuesday, June 9th. This represents a c) dividend on an annualized basis and a dividend yield of 7.6%.

About Cohen & Steers Infrastructure Fund

Cohen & Steers Infrastructure Fund, Inc (NYSE: UTF) is a closed-end management investment company that provides investors with exposure to global infrastructure assets. Listed on the New York Stock Exchange, the fund seeks to deliver total return through a combination of current income and capital appreciation. Since its inception in 2014, UTF has offered a vehicle for investors to access both equity and debt securities of companies operating in critical infrastructure sectors.

The fund’s portfolio is diversified across a range of infrastructure industries, including utilities, energy, transportation, and communications.