PNC Financial Services Group Inc. lowered its stake in Cohen & Steers Infrastructure Fund, Inc (NYSE:UTF – Free Report) by 1.1% in the 3rd quarter, according to its most recent filing with the SEC. The fund owned 74,114 shares of the investment management company’s stock after selling 825 shares during the period. PNC Financial Services Group Inc.’s holdings in Cohen & Steers Infrastructure Fund were worth $1,451,000 as of its most recent SEC filing.
Several other hedge funds and other institutional investors also recently modified their holdings of the stock. Harbour Investments Inc. increased its position in shares of Cohen & Steers Infrastructure Fund by 11.4% in the 4th quarter. Harbour Investments Inc. now owns 4,137 shares of the investment management company’s stock worth $99,000 after purchasing an additional 424 shares during the last quarter. Brown Advisory Inc. increased its position in shares of Cohen & Steers Infrastructure Fund by 3.7% in the 4th quarter. Brown Advisory Inc. now owns 13,950 shares of the investment management company’s stock worth $335,000 after purchasing an additional 500 shares during the last quarter. Cetera Advisor Networks LLC increased its position in shares of Cohen & Steers Infrastructure Fund by 0.4% in the 2nd quarter. Cetera Advisor Networks LLC now owns 124,485 shares of the investment management company’s stock worth $2,940,000 after purchasing an additional 510 shares during the last quarter. Janney Montgomery Scott LLC increased its position in shares of Cohen & Steers Infrastructure Fund by 0.9% in the 3rd quarter. Janney Montgomery Scott LLC now owns 59,883 shares of the investment management company’s stock worth $1,173,000 after purchasing an additional 523 shares during the last quarter. Finally, Private Advisor Group LLC increased its position in shares of Cohen & Steers Infrastructure Fund by 0.9% in the 3rd quarter. Private Advisor Group LLC now owns 74,657 shares of the investment management company’s stock worth $1,462,000 after purchasing an additional 677 shares during the last quarter.
Cohen & Steers Infrastructure Fund Price Performance
UTF opened at $21.72 on Friday. Cohen & Steers Infrastructure Fund, Inc has a 1-year low of $18.15 and a 1-year high of $24.91. The company has a 50-day moving average of $21.66 and a 200-day moving average of $21.03.
Cohen & Steers Infrastructure Fund Dividend Announcement
The firm also recently disclosed a dividend, which was paid on Wednesday, January 31st. Investors of record on Wednesday, January 17th were given a dividend of $0.155 per share. This represents a dividend yield of 8.45%. The ex-dividend date was Tuesday, January 16th.
Cohen & Steers Infrastructure Fund 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.
Further Reading
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Source: americanbankingnews.com
