Kestra Advisory Services LLC Buys 68,542 Shares of Cohen & Steers Infrastructure Fund, Inc $UTF

Kestra Advisory Services LLC raised its stake in Cohen & Steers Infrastructure Fund, Inc (NYSE:UTF) by 40.3% in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 238,551 shares of the investment management company’s stock after buying an additional 68,542 shares during the period. Kestra Advisory Services LLC’s holdings in Cohen & Steers Infrastructure Fund were worth $6,174,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds have also added to or reduced their stakes in the company. Westbourne Investment Advisors Inc. increased its position in shares of Cohen & Steers Infrastructure Fund by 15.3% during the first quarter. Westbourne Investment Advisors Inc. now owns 34,600 shares of the investment management company’s stock worth $895,000 after acquiring an additional 4,600 shares during the period. Abel Hall LLC boosted its holdings in shares of Cohen & Steers Infrastructure Fund by 81.8% in the first quarter. Abel Hall LLC now owns 40,000 shares of the investment management company’s stock valued at $1,035,000 after purchasing an additional 18,000 shares during the period. PFG Investments LLC bought a new position in Cohen & Steers Infrastructure Fund in the first quarter worth approximately $202,000. World Investment Advisors grew its stake in Cohen & Steers Infrastructure Fund by 595.3% in the first quarter. World Investment Advisors now owns 65,222 shares of the investment management company’s stock worth $1,688,000 after purchasing an additional 55,842 shares in the last quarter. Finally, Private Advisor Group LLC grew its stake in Cohen & Steers Infrastructure Fund by 4.3% in the first quarter. Private Advisor Group LLC now owns 85,356 shares of the investment management company’s stock worth $2,209,000 after purchasing an additional 3,505 shares in the last quarter.

Cohen & Steers Infrastructure Fund Stock Performance

UTF opened at $27.75 on Wednesday. The stock’s fifty day moving average is $27.17 and its two-hundred day moving average is $26.29. Cohen & Steers Infrastructure Fund, Inc has a 52 week low of $23.42 and a 52 week high of $27.90.

Cohen & Steers Infrastructure Fund Dividend Announcement

The company also recently declared a monthly dividend, which will be paid on Wednesday, September 30th. Stockholders of record on Tuesday, September 8th will be given a dividend of $0.165 per share. The ex-dividend date of this dividend is Tuesday, September 8th. This represents a c) dividend on an annualized basis and a dividend yield of 7.1%.

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.