Rivernorth Capital Management LLC Cuts Stock Holdings in Cohen & Steers Infrastructure Fund, Inc $UTF

Rivernorth Capital Management LLC lessened its position in Cohen & Steers Infrastructure Fund, Inc (NYSE:UTF) by 90.5% during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 58,094 shares of the investment management company’s stock after selling 554,082 shares during the quarter. Rivernorth Capital Management LLC’s holdings in Cohen & Steers Infrastructure Fund were worth $1,603,000 as of its most recent SEC filing.

Several other large investors have also recently made changes to their positions in the company. Geneos Wealth Management Inc. boosted its holdings in shares of Cohen & Steers Infrastructure Fund by 20.0% during the 1st 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 last quarter. Baird Financial Group Inc. grew its holdings in Cohen & Steers Infrastructure Fund by 3.5% in the 2nd quarter. Baird Financial Group Inc. now owns 17,591 shares of the investment management company’s stock valued at $474,000 after buying an additional 595 shares in the last quarter. Raymond James Financial Inc. grew its holdings in Cohen & Steers Infrastructure Fund by 3.5% in the 2nd quarter. Raymond James Financial Inc. now owns 836,724 shares of the investment management company’s stock valued at $22,550,000 after buying an additional 28,192 shares in the last quarter. Jane Street Group LLC acquired a new stake in shares of Cohen & Steers Infrastructure Fund in the 2nd quarter worth $600,000. Finally, Visionary Wealth Advisors boosted its position in shares of Cohen & Steers Infrastructure Fund by 9.4% during the 2nd quarter. Visionary Wealth Advisors now owns 9,524 shares of the investment management company’s stock valued at $257,000 after acquiring an additional 822 shares during the last quarter.

Cohen & Steers Infrastructure Fund Stock Performance

Cohen & Steers Infrastructure Fund stock opened at $27.13 on Monday. The company has a 50-day moving average price of $27.43 and a 200 day moving average price of $26.87. Cohen & Steers Infrastructure Fund, Inc has a 12-month low of $23.42 and a 12-month high of $28.11.

Cohen & Steers Infrastructure Fund Announces Dividend

The firm also recently disclosed a monthly dividend, which will be paid on Wednesday, September 30th. Investors of record on Tuesday, September 8th will be given a $0.165 dividend. This represents a c) annualized dividend and a yield of 7.3%. The ex-dividend date is Tuesday, September 8th.

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.