Cohen & Steers Infrastructure Fund, Inc (NYSE:UTF) Shares Acquired by MGB Wealth Management LLC

MGB Wealth Management LLC boosted its position in Cohen & Steers Infrastructure Fund, Inc (NYSE:UTF) by 4.9% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 20,676 shares of the investment management company’s stock after purchasing an additional 975 shares during the period. MGB Wealth Management LLC’s holdings in Cohen & Steers Infrastructure Fund were worth $497,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Apollon Wealth Management LLC acquired a new stake in shares of Cohen & Steers Infrastructure Fund in the fourth quarter valued at $279,000. Mezzasalma Advisors LLC acquired a new stake in Cohen & Steers Infrastructure Fund in the 4th quarter valued at about $323,000. Golden State Wealth Management LLC bought a new position in shares of Cohen & Steers Infrastructure Fund during the 4th quarter valued at about $115,000. Strategic Financial Concepts LLC bought a new position in shares of Cohen & Steers Infrastructure Fund during the 4th quarter valued at about $2,947,000. Finally, Consolidated Portfolio Review Corp grew its stake in shares of Cohen & Steers Infrastructure Fund by 1.4% in 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 last quarter.

Cohen & Steers Infrastructure Fund Price Performance

UTF stock opened at $24.25 on Thursday. Cohen & Steers Infrastructure Fund, Inc has a 12 month low of $21.26 and a 12 month high of $26.31. The firm has a 50 day simple moving average of $24.19 and a 200 day simple moving average of $24.87.

Cohen & Steers Infrastructure Fund Dividend Announcement

The business also recently disclosed a dividend, which was paid on Friday, January 31st. Stockholders of record on Wednesday, January 15th were given a dividend of $0.155 per share. The ex-dividend date was Tuesday, January 14th. This represents a dividend yield of 7.94%.

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.