Meridian Investment Counsel Inc. Trims Stock Holdings in Cohen & Steers Infrastructure Fund, Inc $UTF

Meridian Investment Counsel Inc. decreased its position in Cohen & Steers Infrastructure Fund, Inc (NYSE:UTF) by 54.7% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 20,981 shares of the investment management company’s stock after selling 25,381 shares during the quarter. Meridian Investment Counsel Inc.’s holdings in Cohen & Steers Infrastructure Fund were worth $506,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Geneos Wealth Management Inc. grew its position in shares of Cohen & Steers Infrastructure Fund by 20.0% in the 1st quarter. Geneos Wealth Management Inc. now owns 2,398 shares of the investment management company’s stock worth $61,000 after buying an additional 400 shares during the period. Northwestern Mutual Wealth Management Co. lifted its position in Cohen & Steers Infrastructure Fund by 14.3% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 9,916 shares of the investment management company’s stock valued at $267,000 after acquiring an additional 1,238 shares during the period. Baird Financial Group Inc. boosted its stake in Cohen & Steers Infrastructure Fund by 3.5% during the second quarter. Baird Financial Group Inc. now owns 17,591 shares of the investment management company’s stock worth $474,000 after acquiring an additional 595 shares in the last quarter. Raymond James Financial Inc. boosted its stake in Cohen & Steers Infrastructure Fund by 3.5% during the second quarter. Raymond James Financial Inc. now owns 836,724 shares of the investment management company’s stock worth $22,550,000 after acquiring an additional 28,192 shares in the last quarter. Finally, Jane Street Group LLC purchased a new stake in Cohen & Steers Infrastructure Fund in the second quarter worth about $600,000.

Cohen & Steers Infrastructure Fund Stock Up 0.0%

Shares of NYSE UTF opened at $26.11 on Friday. Cohen & Steers Infrastructure Fund, Inc has a fifty-two week low of $22.05 and a fifty-two week high of $27.33. The company has a 50 day simple moving average of $26.14 and a two-hundred day simple moving average of $24.85.

Cohen & Steers Infrastructure Fund Dividend Announcement

The business also recently declared a monthly dividend, which will be paid on Tuesday, June 30th. Investors of record on Tuesday, June 9th will be paid a $0.165 dividend. The ex-dividend date is Tuesday, June 9th. This represents a c) annualized dividend and a dividend yield of 7.6%.

Cohen & Steers Infrastructure Fund Company Profile

Cohen & Steers Infrastructure Fund, Inc (NYSE: UTF) is a closed-end management investment company that provides investors with exposure to global infrastructure assets. Listed on the New York Stock Exchange, the fund seeks to deliver total return through a combination of current income and capital appreciation. Since its inception in 2014, UTF has offered a vehicle for investors to access both equity and debt securities of companies operating in critical infrastructure sectors.

The fund’s portfolio is diversified across a range of infrastructure industries, including utilities, energy, transportation, and communications.