Strategic Financial Concepts LLC Makes New $2.95 Million Investment 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 fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor acquired 122,604 shares of the investment management company’s stock, valued at approximately $2,947,000.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the business. Bedell Frazier Investment Counselling LLC raised its position in Cohen & Steers Infrastructure Fund by 1.7% in the third quarter. Bedell Frazier Investment Counselling LLC now owns 520,063 shares of the investment management company’s stock worth $13,537,000 after purchasing an additional 8,520 shares in the last quarter. Stifel Financial Corp raised its holdings in shares of Cohen & Steers Infrastructure Fund by 1.3% in the 3rd quarter. Stifel Financial Corp now owns 315,839 shares of the investment management company’s stock worth $8,221,000 after buying an additional 3,959 shares in the last quarter. Raymond James & Associates raised its holdings in shares of Cohen & Steers Infrastructure Fund by 0.8% in the 3rd quarter. Raymond James & Associates now owns 253,586 shares of the investment management company’s stock worth $6,601,000 after buying an additional 2,137 shares in the last quarter. Conning Inc. lifted its position in shares of Cohen & Steers Infrastructure Fund by 2.0% during the 3rd quarter. Conning Inc. now owns 138,980 shares of the investment management company’s stock worth $3,618,000 after buying an additional 2,663 shares during the period. Finally, International Assets Investment Management LLC acquired a new stake in Cohen & Steers Infrastructure Fund in the 3rd quarter valued at $2,845,000.

Cohen & Steers Infrastructure Fund Trading Up 0.1 %

Cohen & Steers Infrastructure Fund stock opened at $24.41 on Monday. The stock has a fifty day moving average price of $24.28 and a two-hundred day moving average price of $24.87. Cohen & Steers Infrastructure Fund, Inc has a 52-week low of $21.26 and a 52-week high of $26.31.

Cohen & Steers Infrastructure Fund Dividend Announcement

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

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.