Cohen & Steers Infrastructure Fund, Inc $UTF Shares Sold by AlphaCore Capital LLC

AlphaCore Capital LLC cut its holdings in Cohen & Steers Infrastructure Fund, Inc (NYSE:UTF) by 52.9% in the 4th quarter, HoldingsChannel reports. The institutional investor owned 28,713 shares of the investment management company’s stock after selling 32,272 shares during the period. AlphaCore Capital LLC’s holdings in Cohen & Steers Infrastructure Fund were worth $692,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also modified their holdings of the company. Parallel Advisors LLC boosted its holdings in shares of Cohen & Steers Infrastructure Fund by 1,023.1% in the 3rd quarter. Parallel Advisors LLC now owns 1,168 shares of the investment management company’s stock valued at $29,000 after buying an additional 1,064 shares during the period. Cornerstone Planning Group LLC acquired a new position in shares of Cohen & Steers Infrastructure Fund in the 4th quarter valued at about $55,000. Geneos Wealth Management Inc. boosted its holdings in shares of Cohen & Steers Infrastructure Fund by 20.0% in the 1st quarter. Geneos Wealth Management Inc. now owns 2,398 shares of the investment management company’s stock valued at $61,000 after buying an additional 400 shares during the period. EverSource Wealth Advisors LLC boosted its holdings in shares of Cohen & Steers Infrastructure Fund by 142.9% in the 3rd quarter. EverSource Wealth Advisors LLC now owns 3,400 shares of the investment management company’s stock valued at $84,000 after buying an additional 2,000 shares during the period. Finally, World Investment Advisors acquired a new position in shares of Cohen & Steers Infrastructure Fund in the 4th quarter valued at about $219,000.

Cohen & Steers Infrastructure Fund Stock Down 0.7%

NYSE UTF opened at $26.64 on Tuesday. The company has a 50-day simple moving average of $26.28 and a 200-day simple moving average of $25.34. Cohen & Steers Infrastructure Fund, Inc has a one year low of $23.42 and a one year high of $27.35.

Cohen & Steers Infrastructure Fund Dividend Announcement

The company also recently announced a monthly dividend, which will be paid on Tuesday, June 30th. Shareholders of record on Tuesday, June 9th will be paid a dividend of $0.165 per share. This represents a c) dividend on an annualized basis and a yield of 7.4%. The ex-dividend date of this dividend is Tuesday, June 9th.

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.