Accel Wealth Management Reduces Stake in Cohen & Steers Infrastructure Fund, Inc $UTF

Accel Wealth Management cut its holdings in shares of Cohen & Steers Infrastructure Fund, Inc (NYSE:UTF) by 55.0% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 76,941 shares of the investment management company’s stock after selling 94,196 shares during the quarter. Accel Wealth Management’s holdings in Cohen & Steers Infrastructure Fund were worth $1,855,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also bought and sold shares of UTF. Geneos Wealth Management Inc. raised its holdings in shares of Cohen & Steers Infrastructure Fund by 20.0% during the first quarter. Geneos Wealth Management Inc. now owns 2,398 shares of the investment management company’s stock worth $61,000 after purchasing an additional 400 shares during the last quarter. Northwestern Mutual Wealth Management Co. raised its stake in shares of Cohen & Steers Infrastructure Fund by 14.3% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 9,916 shares of the investment management company’s stock valued at $267,000 after buying an additional 1,238 shares during the last quarter. Baird Financial Group Inc. lifted its holdings in shares of Cohen & Steers Infrastructure Fund by 3.5% in the 2nd quarter. Baird Financial Group Inc. now owns 17,591 shares of the investment management company’s stock valued at $474,000 after buying an additional 595 shares during the period. Raymond James Financial Inc. boosted its stake in shares of 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 buying an additional 28,192 shares during the last quarter. Finally, Jane Street Group LLC purchased a new stake in shares of Cohen & Steers Infrastructure Fund in the second quarter worth about $600,000.

Cohen & Steers Infrastructure Fund Stock Up 0.0%

Cohen & Steers Infrastructure Fund stock opened at $26.11 on Friday. The business’s 50-day moving average price is $26.14 and its 200 day moving average price is $24.85. Cohen & Steers Infrastructure Fund, Inc has a 52 week low of $22.05 and a 52 week high of $27.33.

Cohen & Steers Infrastructure Fund Announces Dividend

The company also recently disclosed a monthly dividend, which will be paid on Tuesday, June 30th. Stockholders of record on Tuesday, June 9th will be paid a dividend of $0.165 per share. The ex-dividend date of this dividend 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.