HighTower Advisors LLC Sells 4,047 Shares of Cohen & Steers Infrastructure Fund, Inc (NYSE:UTF)

HighTower Advisors LLC decreased its position in shares of Cohen & Steers Infrastructure Fund, Inc (NYSE:UTF) by 7.7% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 48,480 shares of the investment management company’s stock after selling 4,047 shares during the quarter. HighTower Advisors LLC’s holdings in Cohen & Steers Infrastructure Fund were worth $1,165,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the company. Raymond James Financial Inc. acquired a new position in Cohen & Steers Infrastructure Fund in the fourth quarter valued at $19,379,000. Stifel Financial Corp raised its position in shares of Cohen & Steers Infrastructure Fund by 1.3% in the 3rd quarter. Stifel Financial Corp now owns 315,839 shares of the investment management company’s stock worth $8,221,000 after acquiring an additional 3,959 shares in the last quarter. Truist Financial Corp lifted its stake in shares of Cohen & Steers Infrastructure Fund by 3.3% in the 4th quarter. Truist Financial Corp now owns 144,910 shares of the investment management company’s stock valued at $3,484,000 after purchasing an additional 4,597 shares during the period. Strategic Financial Concepts LLC bought a new stake in shares of Cohen & Steers Infrastructure Fund during the 4th quarter valued at about $2,947,000. Finally, Private Advisor Group LLC boosted its position in shares of Cohen & Steers Infrastructure Fund by 2.6% during the 4th quarter. Private Advisor Group LLC now owns 93,119 shares of the investment management company’s stock valued at $2,239,000 after purchasing an additional 2,357 shares in the last quarter.

Cohen & Steers Infrastructure Fund Trading Down 1.0 %

Shares of UTF stock opened at $24.62 on Wednesday. Cohen & Steers Infrastructure Fund, Inc has a fifty-two week low of $21.26 and a fifty-two week high of $26.31. The stock has a 50 day simple moving average of $24.47 and a two-hundred day simple moving average of $24.88.

Cohen & Steers Infrastructure Fund Dividend Announcement

The company also recently declared a dividend, which was paid on Friday, January 31st. Investors of record on Wednesday, January 15th were paid a dividend of $0.155 per share. This represents a yield of 7.94%. The ex-dividend date of this dividend was Tuesday, January 14th.

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.