Kingsview Wealth Management LLC Decreases Stock Holdings in Cohen & Steers Infrastructure Fund, Inc $UTF

Kingsview Wealth Management LLC lowered its stake in shares of Cohen & Steers Infrastructure Fund, Inc (NYSE:UTF) by 53.2% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 21,802 shares of the investment management company’s stock after selling 24,749 shares during the quarter. Kingsview Wealth Management LLC’s holdings in Cohen & Steers Infrastructure Fund were worth $526,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds have also recently modified their holdings of UTF. Geneos Wealth Management Inc. grew its stake in 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 buying an additional 400 shares during the last quarter. Strategic Wealth Partners Ltd. grew its position in Cohen & Steers Infrastructure Fund by 1.2% during the 3rd quarter. Strategic Wealth Partners Ltd. now owns 38,114 shares of the investment management company’s stock worth $945,000 after purchasing an additional 437 shares during the period. Baird Financial Group Inc. raised its stake in shares of Cohen & Steers Infrastructure Fund by 3.5% during 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 during the last quarter. Investment Partners Asset Management Inc. raised its stake in shares of Cohen & Steers Infrastructure Fund by 3.2% during the 4th quarter. Investment Partners Asset Management Inc. now owns 23,600 shares of the investment management company’s stock valued at $569,000 after buying an additional 737 shares during the last quarter. Finally, Visionary Wealth Advisors lifted its holdings in shares of Cohen & Steers Infrastructure Fund by 9.4% in the 2nd quarter. Visionary Wealth Advisors now owns 9,524 shares of the investment management company’s stock valued at $257,000 after buying an additional 822 shares during the period.

Cohen & Steers Infrastructure Fund Price Performance

Shares of UTF stock opened at $26.89 on Wednesday. Cohen & Steers Infrastructure Fund, Inc has a 52-week low of $23.42 and a 52-week high of $27.35. The business has a 50-day simple moving average of $26.48 and a 200-day simple moving average of $25.56.

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 issued 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 yield of 7.4%.

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.