Janney Montgomery Scott LLC Buys 19,057 Shares of Cohen & Steers Infrastructure Fund Inc. (NYSE:UTF)

Janney Montgomery Scott LLC increased its holdings in shares of Cohen & Steers Infrastructure Fund Inc. (NYSE:UTF) by 30.8% in the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 81,001 shares of the investment management company’s stock after buying an additional 19,057 shares during the quarter. Janney Montgomery Scott LLC’s holdings in Cohen & Steers Infrastructure Fund were worth $1,786,000 at the end of the most recent reporting period.

Several other hedge funds have also made changes to their positions in the stock. Cornerstone Wealth Management LLC bought a new stake in shares of Cohen & Steers Infrastructure Fund during the 2nd quarter worth $377,000. Raymond James Trust N.A. lifted its position in shares of Cohen & Steers Infrastructure Fund by 65.6% during the 2nd quarter. Raymond James Trust N.A. now owns 25,501 shares of the investment management company’s stock worth $562,000 after buying an additional 10,104 shares during the last quarter. Wedbush Securities Inc. lifted its position in shares of Cohen & Steers Infrastructure Fund by 5.2% during the 2nd quarter. Wedbush Securities Inc. now owns 64,116 shares of the investment management company’s stock worth $1,414,000 after buying an additional 3,155 shares during the last quarter. Whittier Trust Co. lifted its position in shares of Cohen & Steers Infrastructure Fund by 133.3% during the 2nd quarter. Whittier Trust Co. now owns 3,500 shares of the investment management company’s stock worth $77,000 after buying an additional 2,000 shares during the last quarter. Finally, Envestnet Asset Management Inc. lifted its position in shares of Cohen & Steers Infrastructure Fund by 18.6% during the 2nd quarter. Envestnet Asset Management Inc. now owns 26,058 shares of the investment management company’s stock worth $575,000 after buying an additional 4,091 shares during the last quarter.

Shares of UTF stock opened at $23.32 on Friday. Cohen & Steers Infrastructure Fund Inc. has a twelve month low of $12.10 and a twelve month high of $27.65. The business has a fifty day simple moving average of $22.69 and a 200 day simple moving average of $22.51.

The firm also recently disclosed a monthly dividend, which will be paid on Wednesday, September 30th. Investors of record on Wednesday, September 16th will be given a dividend of $0.155 per share. The ex-dividend date of this dividend is Tuesday, September 15th. This represents a $1.86 annualized dividend and a dividend yield of 7.98%.

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.

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Institutional Ownership by Quarter for Cohen & Steers Infrastructure Fund (NYSE:UTF)

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