Sit Investment Associates Inc. Has $63.76 Million Holdings in Cohen & Steers Infrastructure Fund, Inc $UTF

Sit Investment Associates Inc. raised its position in shares of Cohen & Steers Infrastructure Fund, Inc (NYSE:UTF) by 298.5% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 2,644,374 shares of the investment management company’s stock after purchasing an additional 1,980,749 shares during the period. Cohen & Steers Infrastructure Fund accounts for about 1.3% of Sit Investment Associates Inc.’s investment portfolio, making the stock its 17th largest position. Sit Investment Associates Inc.’s holdings in Cohen & Steers Infrastructure Fund were worth $63,756,000 at the end of the most recent reporting period.

Several other institutional investors have also made changes to their positions in the company. Griffin Asset Management Inc. increased its holdings in Cohen & Steers Infrastructure Fund by 110.6% in the fourth quarter. Griffin Asset Management Inc. now owns 38,541 shares of the investment management company’s stock worth $929,000 after buying an additional 20,240 shares during the last quarter. Northwestern Mutual Wealth Management Co. lifted its stake in Cohen & Steers Infrastructure Fund by 7,852.0% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 1,545,874 shares of the investment management company’s stock valued at $37,271,000 after acquiring an additional 1,526,434 shares during the last quarter. City of London Investment Management Co. Ltd. bought a new stake in Cohen & Steers Infrastructure Fund in the third quarter worth approximately $1,371,000. Absolute Investment Advisers LLC bought a new stake in Cohen & Steers Infrastructure Fund in the fourth quarter worth approximately $3,732,000. Finally, TrueMark Investments LLC acquired a new position in shares of Cohen & Steers Infrastructure Fund during the 4th quarter worth $766,000.

Cohen & Steers Infrastructure Fund Stock Performance

Cohen & Steers Infrastructure Fund stock opened at $27.14 on Friday. The firm’s fifty day simple moving average is $26.73 and its 200-day simple moving average is $25.74. Cohen & Steers Infrastructure Fund, Inc has a 1-year low of $23.42 and a 1-year high of $27.35.

Cohen & Steers Infrastructure Fund Announces Dividend

The business also recently declared a monthly dividend, which will be paid on Tuesday, June 30th. Shareholders of record on Tuesday, June 9th will be given a $0.165 dividend. The ex-dividend date of this dividend is Tuesday, June 9th. This represents a c) dividend on an annualized basis and a dividend yield of 7.3%.

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.