Samalin Investment Counsel LLC Lowers Position in Cohen & Steers Infrastructure Fund, Inc $UTF

Samalin Investment Counsel LLC cut its stake in shares of Cohen & Steers Infrastructure Fund, Inc (NYSE:UTF) by 47.3% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 25,144 shares of the investment management company’s stock after selling 22,553 shares during the period. Samalin Investment Counsel LLC’s holdings in Cohen & Steers Infrastructure Fund were worth $606,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently bought and sold shares of the stock. Comerica Bank lifted its position in Cohen & Steers Infrastructure Fund by 38.5% during the fourth quarter. Comerica Bank now owns 11,683 shares of the investment management company’s stock valued at $282,000 after purchasing an additional 3,249 shares in the last quarter. McGowan Group Asset Management Inc. lifted its position in Cohen & Steers Infrastructure Fund by 0.7% during the fourth quarter. McGowan Group Asset Management Inc. now owns 1,380,626 shares of the investment management company’s stock valued at $33,287,000 after purchasing an additional 9,124 shares in the last quarter. Calamos Advisors LLC purchased a new position in Cohen & Steers Infrastructure Fund during the fourth quarter valued at $524,000. NBC Securities Inc. lifted its position in Cohen & Steers Infrastructure Fund by 21.3% during the fourth quarter. NBC Securities Inc. now owns 10,453 shares of the investment management company’s stock valued at $252,000 after purchasing an additional 1,834 shares in the last quarter. Finally, Absolute Investment Advisers LLC purchased a new position in Cohen & Steers Infrastructure Fund during the fourth quarter valued at $3,732,000.

Cohen & Steers Infrastructure Fund Trading Up 0.6%

NYSE UTF opened at $26.46 on Wednesday. The business’s fifty day moving average is $26.23 and its 200 day moving average is $25.09. Cohen & Steers Infrastructure Fund, Inc has a fifty-two week low of $23.42 and a fifty-two week high of $27.33.

Cohen & Steers Infrastructure Fund Announces Dividend

The firm also recently disclosed a monthly dividend, which will be paid on Tuesday, June 30th. Stockholders of record on Tuesday, June 9th will be given a $0.165 dividend. This represents a c) annualized dividend and a dividend yield of 7.5%. The ex-dividend date is Tuesday, June 9th.

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.