Cohen & Steers Infrastructure Fund, Inc $UTF Shares Sold by Sargent Investment Group LLC

Sargent Investment Group LLC reduced its stake in Cohen & Steers Infrastructure Fund, Inc (NYSE:UTF) by 50.0% in the 4th quarter, Holdings Channel reports. The firm owned 19,085 shares of the investment management company’s stock after selling 19,085 shares during the quarter. Sargent Investment Group LLC’s holdings in Cohen & Steers Infrastructure Fund were worth $460,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Sit Investment Associates Inc. boosted its position in Cohen & Steers Infrastructure Fund by 298.5% in the 4th quarter. Sit Investment Associates Inc. now owns 2,644,374 shares of the investment management company’s stock valued at $63,756,000 after buying an additional 1,980,749 shares during the last quarter. Northwestern Mutual Wealth Management Co. boosted its position in Cohen & Steers Infrastructure Fund by 7,852.0% in the 4th 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 buying an additional 1,526,434 shares during the last quarter. McGowan Group Asset Management Inc. boosted its position in Cohen & Steers Infrastructure Fund by 0.7% in the 4th 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 buying an additional 9,124 shares during the last quarter. Raymond James Financial Inc. boosted its position 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 during the last quarter. Finally, C2C Wealth Management LLC boosted its position in Cohen & Steers Infrastructure Fund by 1.8% in the 4th quarter. C2C Wealth Management LLC now owns 261,070 shares of the investment management company’s stock valued at $6,294,000 after buying an additional 4,540 shares during the last quarter.

Cohen & Steers Infrastructure Fund Price Performance

NYSE:UTF opened at $27.38 on Tuesday. The firm has a 50-day moving average of $26.78 and a two-hundred day moving average of $25.78. Cohen & Steers Infrastructure Fund, Inc has a 1-year low of $23.42 and a 1-year high of $27.63.

Cohen & Steers Infrastructure Fund Dividend Announcement

The company also recently disclosed 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 7.2%. The ex-dividend date of this dividend 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.