Moors & Cabot Inc. Takes Position in Cohen & Steers Infrastructure Fund, Inc $UTF

Moors & Cabot Inc. acquired a new position in shares of Cohen & Steers Infrastructure Fund, Inc (NYSE:UTF) in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm acquired 28,129 shares of the investment management company’s stock, valued at approximately $758,000.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in the business. Kingstone Capital Partners Texas LLC acquired a new position in Cohen & Steers Infrastructure Fund in the second quarter worth about $103,474,000. Atria Investments Inc grew its stake in shares of Cohen & Steers Infrastructure Fund by 585.0% in the 2nd quarter. Atria Investments Inc now owns 146,879 shares of the investment management company’s stock valued at $3,958,000 after purchasing an additional 125,438 shares during the period. Smith Asset Management Co. LLC acquired a new position in shares of Cohen & Steers Infrastructure Fund in the 1st quarter worth approximately $2,707,000. Royal Bank of Canada lifted its position in shares of Cohen & Steers Infrastructure Fund by 8.0% during the 1st quarter. Royal Bank of Canada now owns 943,457 shares of the investment management company’s stock worth $24,105,000 after buying an additional 69,669 shares during the period. Finally, J.W. Cole Advisors Inc. boosted its stake in shares of Cohen & Steers Infrastructure Fund by 382.3% in the 1st quarter. J.W. Cole Advisors Inc. now owns 63,837 shares of the investment management company’s stock valued at $1,631,000 after purchasing an additional 50,602 shares in the last quarter.

Cohen & Steers Infrastructure Fund Stock Up 0.6%

UTF opened at $23.71 on Friday. The firm’s 50-day simple moving average is $24.57 and its 200-day simple moving average is $25.69. Cohen & Steers Infrastructure Fund, Inc has a twelve month low of $22.05 and a twelve month high of $27.25.

Cohen & Steers Infrastructure Fund Announces Dividend

The company also recently disclosed a monthly dividend, which will be paid on Wednesday, December 31st. Shareholders of record on Tuesday, December 9th will be paid a dividend of $0.155 per share. This represents a c) annualized dividend and a yield of 7.8%. The ex-dividend date of this dividend is Tuesday, December 9th.

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.