B. Riley Wealth Advisors Inc. Sells 1,069 Shares of Cohen & Steers Infrastructure Fund, Inc (NYSE:UTF)

B. Riley Wealth Advisors Inc. reduced its stake in Cohen & Steers Infrastructure Fund, Inc (NYSE:UTF) by 8.5% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 11,516 shares of the investment management company’s stock after selling 1,069 shares during the quarter. B. Riley Wealth Advisors Inc.’s holdings in Cohen & Steers Infrastructure Fund were worth $301,000 at the end of the most recent reporting period.

Several other large investors have also recently bought and sold shares of UTF. Strategic Financial Concepts LLC bought a new position in Cohen & Steers Infrastructure Fund in the 2nd quarter valued at about $28,000. International Assets Investment Management LLC bought a new position in Cohen & Steers Infrastructure Fund in the 3rd quarter valued at about $2,845,000. World Investment Advisors LLC bought a new position in Cohen & Steers Infrastructure Fund in the 3rd quarter valued at about $2,033,000. Sanctuary Advisors LLC bought a new position in Cohen & Steers Infrastructure Fund in the 2nd quarter valued at about $1,694,000. Finally, Benjamin Edwards Inc. bought a new position in Cohen & Steers Infrastructure Fund in the 3rd quarter valued at about $1,662,000.

Cohen & Steers Infrastructure Fund Price Performance

Cohen & Steers Infrastructure Fund stock opened at $23.41 on Friday. Cohen & Steers Infrastructure Fund, Inc has a twelve month low of $20.56 and a twelve month high of $26.31. The company’s 50-day moving average price is $25.20 and its two-hundred day moving average price is $24.60.

Cohen & Steers Infrastructure Fund Announces Dividend

The firm also recently announced a monthly dividend, which will be paid on Monday, March 31st. Stockholders of record on Tuesday, March 11th will be issued a dividend of $0.155 per share. The ex-dividend date of this dividend is Tuesday, March 11th. This represents a $1.86 annualized dividend and a dividend yield of 7.95%.

Cohen & Steers Infrastructure Fund Company Profile

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.