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

Strategic Financial Concepts LLC bought a new stake in shares of Cohen & Steers Infrastructure Fund, Inc (NYSE:UTF) during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor bought 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 added to or reduced their stakes in the business. Northwest Investment Counselors LLC purchased a new stake in shares of Cohen & Steers Infrastructure Fund during the third quarter worth about $26,000. Wilmington Savings Fund Society FSB acquired a new stake in Cohen & Steers Infrastructure Fund in the 3rd quarter worth approximately $45,000. Golden State Wealth Management LLC purchased a new stake in Cohen & Steers Infrastructure Fund during the 4th quarter worth approximately $115,000. Ashton Thomas Securities LLC acquired a new position in Cohen & Steers Infrastructure Fund during the 3rd quarter valued at approximately $153,000. Finally, Kovack Advisors Inc. purchased a new position in shares of Cohen & Steers Infrastructure Fund in the third quarter worth $202,000.

Cohen & Steers Infrastructure Fund Trading Down 0.5 %

NYSE:UTF opened at $24.39 on Monday. 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 fifty day simple moving average of $24.14 and a 200-day simple moving average of $24.88.

Cohen & Steers Infrastructure Fund Dividend Announcement

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

About Cohen & Steers Infrastructure Fund

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.