Ieq Capital LLC Purchases New Stake in Cohen & Steers Infrastructure Fund, Inc $UTF

Ieq Capital LLC acquired a new position in shares of Cohen & Steers Infrastructure Fund, Inc (NYSE:UTF) during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor acquired 21,034 shares of the investment management company’s stock, valued at approximately $580,000.

Other large investors have also recently bought and sold shares of the company. Keating Financial Advisory Services Inc. acquired a new position in shares of Cohen & Steers Infrastructure Fund during the 2nd quarter worth $97,000. Paralel Advisors LLC acquired a new stake in shares of Cohen & Steers Infrastructure Fund in the second quarter valued at about $75,872,000. Kilter Group LLC acquired a new stake in shares of Cohen & Steers Infrastructure Fund in the second quarter valued at about $28,000. Investmark Advisory Group LLC purchased a new stake in Cohen & Steers Infrastructure Fund during the second quarter worth about $281,000. Finally, Main Street Financial Solutions LLC boosted its holdings in Cohen & Steers Infrastructure Fund by 19.3% during the second quarter. Main Street Financial Solutions LLC now owns 10,628 shares of the investment management company’s stock worth $293,000 after buying an additional 1,717 shares in the last quarter.

Cohen & Steers Infrastructure Fund Stock Performance

Shares of UTF opened at $27.13 on Friday. Cohen & Steers Infrastructure Fund, Inc has a twelve month low of $23.42 and a twelve month high of $28.11. The firm’s 50-day moving average is $27.43 and its two-hundred day moving average is $26.86.

Cohen & Steers Infrastructure Fund Announces Dividend

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

About Cohen & Steers Infrastructure Fund

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.