Janney Montgomery Scott LLC Sells 2,814 Shares of Cohen & Steers Infrastructure Fund, Inc (NYSE:UTF)

Janney Montgomery Scott LLC lowered its holdings in Cohen & Steers Infrastructure Fund, Inc (NYSE:UTF) by 4.8% during the 1st quarter, HoldingsChannel.com reports. The firm owned 56,030 shares of the investment management company’s stock after selling 2,814 shares during the quarter. Janney Montgomery Scott LLC’s holdings in Cohen & Steers Infrastructure Fund were worth $1,432,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Jones Financial Companies Lllp bought a new stake in Cohen & Steers Infrastructure Fund during the 4th quarter worth approximately $32,000. Millstone Evans Group LLC bought a new stake in Cohen & Steers Infrastructure Fund during the 4th quarter worth approximately $36,000. Lowe Wealth Advisors LLC increased its holdings in Cohen & Steers Infrastructure Fund by 120.3% during the 1st quarter. Lowe Wealth Advisors LLC now owns 1,780 shares of the investment management company’s stock worth $45,000 after acquiring an additional 972 shares during the period. Farther Finance Advisors LLC increased its holdings in Cohen & Steers Infrastructure Fund by 709.0% during the 1st quarter. Farther Finance Advisors LLC now owns 4,854 shares of the investment management company’s stock worth $124,000 after acquiring an additional 4,254 shares during the period. Finally, Comerica Bank increased its holdings in Cohen & Steers Infrastructure Fund by 38.4% during the 4th quarter. Comerica Bank now owns 7,281 shares of the investment management company’s stock worth $175,000 after acquiring an additional 2,020 shares during the period.

Cohen & Steers Infrastructure Fund Stock Up 0.2%

Cohen & Steers Infrastructure Fund stock opened at $26.61 on Friday. The firm’s 50 day simple moving average is $25.77 and its 200 day simple moving average is $24.80. Cohen & Steers Infrastructure Fund, Inc has a 1-year low of $22.05 and a 1-year high of $26.78.

Cohen & Steers Infrastructure Fund Dividend Announcement

The business also recently declared a monthly dividend, which will be paid on Tuesday, September 30th. Shareholders of record on Tuesday, September 9th will be paid a $0.155 dividend. The ex-dividend date is Tuesday, September 9th. This represents a $1.86 dividend on an annualized basis and a yield of 6.99%.

Cohen & Steers Infrastructure Fund Company 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.