Strategic Financial Concepts LLC Invests $2.95 Million in Cohen & Steers Infrastructure Fund, Inc (NYSE:UTF)

Strategic Financial Concepts LLC acquired a new stake in Cohen & Steers Infrastructure Fund, Inc (NYSE:UTF) in the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund acquired 122,604 shares of the investment management company’s stock, valued at approximately $2,947,000.

A number of other large investors have also recently bought and sold shares of the business. International Assets Investment Management LLC acquired a new stake in shares of Cohen & Steers Infrastructure Fund in the third quarter worth $2,845,000. World Investment Advisors LLC bought a new position in Cohen & Steers Infrastructure Fund in the 3rd quarter worth $2,033,000. Benjamin Edwards Inc. acquired a new position in Cohen & Steers Infrastructure Fund during the 3rd quarter worth $1,662,000. Good Life Advisors LLC boosted its holdings in Cohen & Steers Infrastructure Fund by 107.8% during the third quarter. Good Life Advisors LLC now owns 34,212 shares of the investment management company’s stock valued at $891,000 after acquiring an additional 17,752 shares during the period. Finally, Private Advisor Group LLC grew its position in shares of Cohen & Steers Infrastructure Fund by 22.5% in the third quarter. Private Advisor Group LLC now owns 90,762 shares of the investment management company’s stock valued at $2,363,000 after purchasing an additional 16,680 shares during the last quarter.

Cohen & Steers Infrastructure Fund Price Performance

NYSE UTF opened at $24.41 on Monday. The stock has a 50-day simple moving average of $24.28 and a 200 day simple moving average of $24.87. Cohen & Steers Infrastructure Fund, Inc has a twelve month low of $21.26 and a twelve month high of $26.31.

Cohen & Steers Infrastructure Fund Announces Dividend

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

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.