Royal Bank of Canada Boosts Stock Position in Cohen & Steers Infrastructure Fund, Inc $UTF

Royal Bank of Canada raised its holdings in Cohen & Steers Infrastructure Fund, Inc (NYSE:UTF) by 3.5% during the 1st quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 936,075 shares of the investment management company’s stock after acquiring an additional 32,064 shares during the quarter. Royal Bank of Canada’s holdings in Cohen & Steers Infrastructure Fund were worth $24,225,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors have also bought and sold shares of UTF. Sculptor Capital LP purchased a new stake in shares of Cohen & Steers Infrastructure Fund during the first quarter valued at $4,841,000. Matrix Private Capital Group LLC purchased a new position in Cohen & Steers Infrastructure Fund in the 1st quarter worth about $3,115,000. Waverly Advisors LLC increased its stake in Cohen & Steers Infrastructure Fund by 12.2% in the 1st quarter. Waverly Advisors LLC now owns 28,615 shares of the investment management company’s stock worth $741,000 after buying an additional 3,106 shares during the period. First Trust Advisors LP lifted its holdings in Cohen & Steers Infrastructure Fund by 1.8% during the 1st quarter. First Trust Advisors LP now owns 125,874 shares of the investment management company’s stock valued at $3,258,000 after buying an additional 2,242 shares in the last quarter. Finally, PNC Financial Services Group Inc. lifted its holdings in Cohen & Steers Infrastructure Fund by 10.4% during the 1st quarter. PNC Financial Services Group Inc. now owns 27,708 shares of the investment management company’s stock valued at $717,000 after buying an additional 2,610 shares in the last quarter.

Cohen & Steers Infrastructure Fund Stock Performance

Shares of UTF stock opened at $27.27 on Thursday. The company’s 50-day simple moving average is $27.40 and its two-hundred day simple moving average is $26.68. Cohen & Steers Infrastructure Fund, Inc has a one year low of $23.42 and a one year high of $28.11.

Cohen & Steers Infrastructure Fund Dividend Announcement

The company also recently declared a monthly dividend, which will be paid on Wednesday, September 30th. Investors of record on Tuesday, September 8th will be issued a $0.165 dividend. The ex-dividend date is Tuesday, September 8th. This represents a c) dividend on an annualized basis and a dividend yield of 7.3%.

Cohen & Steers Infrastructure Fund 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.