Truist Financial Corp Sells 53,686 Shares of Cohen & Steers Infrastructure Fund, Inc $UTF

Truist Financial Corp lessened its holdings in Cohen & Steers Infrastructure Fund, Inc (NYSE:UTF) by 24.9% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 161,936 shares of the investment management company’s stock after selling 53,686 shares during the quarter. Truist Financial Corp’s holdings in Cohen & Steers Infrastructure Fund were worth $3,904,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently made changes to their positions in the company. Parallel Advisors LLC grew its position in Cohen & Steers Infrastructure Fund by 1,023.1% in the third quarter. Parallel Advisors LLC now owns 1,168 shares of the investment management company’s stock valued at $29,000 after purchasing an additional 1,064 shares in the last quarter. Cornerstone Planning Group LLC acquired a new position in shares of Cohen & Steers Infrastructure Fund in the fourth quarter valued at approximately $55,000. Geneos Wealth Management Inc. increased its stake in shares of Cohen & Steers Infrastructure Fund by 20.0% during the first quarter. Geneos Wealth Management Inc. now owns 2,398 shares of the investment management company’s stock worth $61,000 after purchasing an additional 400 shares during the period. EverSource Wealth Advisors LLC lifted its holdings in Cohen & Steers Infrastructure Fund by 142.9% during the 3rd quarter. EverSource Wealth Advisors LLC now owns 3,400 shares of the investment management company’s stock worth $84,000 after purchasing an additional 2,000 shares during the last quarter. Finally, Sheets Smith Wealth Management acquired a new stake in Cohen & Steers Infrastructure Fund during the 4th quarter worth approximately $227,000.

Cohen & Steers Infrastructure Fund Stock Performance

UTF opened at $27.30 on Tuesday. The business has a fifty day simple moving average of $26.27 and a 200 day simple moving average of $25.24. Cohen & Steers Infrastructure Fund, Inc has a 1 year low of $23.42 and a 1 year high of $27.35.

Cohen & Steers Infrastructure Fund Dividend Announcement

The firm also recently declared a monthly dividend, which will be paid on Tuesday, June 30th. Investors of record on Tuesday, June 9th will be paid a $0.165 dividend. The ex-dividend date is Tuesday, June 9th. This represents a c) annualized dividend and a dividend yield of 7.3%.

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.