UBS Group AG Sells 2,188,239 Shares of Cohen & Steers Infrastructure Fund, Inc $UTF

UBS Group AG lowered its stake in Cohen & Steers Infrastructure Fund, Inc (NYSE:UTF) by 65.7% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 1,141,327 shares of the investment management company’s stock after selling 2,188,239 shares during the period. UBS Group AG’s holdings in Cohen & Steers Infrastructure Fund were worth $27,517,000 as of its most recent filing with the SEC.

Other hedge funds also recently modified their holdings of the company. Parallel Advisors LLC increased its position in shares of Cohen & Steers Infrastructure Fund by 1,023.1% in the third quarter. Parallel Advisors LLC now owns 1,168 shares of the investment management company’s stock worth $29,000 after purchasing an additional 1,064 shares during the period. Geneos Wealth Management Inc. increased its position in shares of Cohen & Steers Infrastructure Fund by 20.0% in the first quarter. Geneos Wealth Management Inc. now owns 2,398 shares of the investment management company’s stock worth $61,000 after purchasing an additional 400 shares during the period. EverSource Wealth Advisors LLC increased its position in shares of Cohen & Steers Infrastructure Fund by 142.9% in the third quarter. EverSource Wealth Advisors LLC now owns 3,400 shares of the investment management company’s stock worth $84,000 after purchasing an additional 2,000 shares during the period. Sheets Smith Wealth Management bought a new position in shares of Cohen & Steers Infrastructure Fund in the fourth quarter worth $227,000. Finally, Visionary Wealth Advisors increased its position in shares of Cohen & Steers Infrastructure Fund by 9.4% in the second quarter. Visionary Wealth Advisors now owns 9,524 shares of the investment management company’s stock worth $257,000 after purchasing an additional 822 shares during the period.

Cohen & Steers Infrastructure Fund Trading Down 0.0%

Cohen & Steers Infrastructure Fund stock opened at $26.98 on Friday. Cohen & Steers Infrastructure Fund, Inc has a 12-month low of $23.42 and a 12-month high of $27.35. The business’s 50-day moving average price is $26.26 and its two-hundred day moving average price is $25.19.

Cohen & Steers Infrastructure Fund Dividend Announcement

The firm also recently announced 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. This represents a c) dividend on an annualized basis and a yield of 7.3%. 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.