Register Financial Advisors LLC Makes New Investment in Cohen & Steers Infrastructure Fund, Inc (NYSE:UTF)

Register Financial Advisors LLC acquired a new stake in Cohen & Steers Infrastructure Fund, Inc (NYSE:UTF) during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 5,000 shares of the investment management company’s stock, valued at approximately $118,000.

A number of other institutional investors and hedge funds have also made changes to their positions in UTF. LPL Financial LLC increased its position in Cohen & Steers Infrastructure Fund by 4.6% during the 3rd quarter. LPL Financial LLC now owns 305,647 shares of the investment management company’s stock worth $5,985,000 after purchasing an additional 13,481 shares during the period. EP Wealth Advisors LLC purchased a new position in shares of Cohen & Steers Infrastructure Fund in the 3rd quarter valued at about $268,000. Advisor Resource Council acquired a new stake in shares of Cohen & Steers Infrastructure Fund in the fourth quarter valued at about $686,000. Raymond James Financial Services Advisors Inc. lifted its stake in shares of Cohen & Steers Infrastructure Fund by 52.8% in the fourth quarter. Raymond James Financial Services Advisors Inc. now owns 588,780 shares of the investment management company’s stock valued at $12,506,000 after purchasing an additional 203,391 shares during the period. Finally, International Assets Investment Management LLC purchased a new stake in Cohen & Steers Infrastructure Fund during the fourth quarter worth about $1,078,000.

Cohen & Steers Infrastructure Fund Trading Down 0.4 %

Cohen & Steers Infrastructure Fund stock traded down $0.10 during mid-day trading on Friday, reaching $22.40. The company had a trading volume of 192,160 shares, compared to its average volume of 228,010. The stock’s 50-day simple moving average is $23.06 and its 200-day simple moving average is $22.38. Cohen & Steers Infrastructure Fund, Inc has a 1 year low of $18.15 and a 1 year high of $23.87.

Cohen & Steers Infrastructure Fund Dividend Announcement

The firm also recently disclosed a monthly dividend, which will be paid on Monday, September 30th. Stockholders of record on Tuesday, September 10th will be given a $0.155 dividend. This represents a $1.86 annualized dividend and a dividend yield of 8.30%. The ex-dividend date of this dividend is Tuesday, September 10th.

About Cohen & Steers Infrastructure Fund

Cohen & Steers Infrastructure Fund, Inc is a closed-end equity fund launched by Cohen & Steers, Inc The fund is managed by Cohen & Steers Capital Management, Inc It invests in public equity markets of the United States. The fund invests primarily in value stocks of infrastructure companies across all market capitalizations.