Mercer Global Advisors Inc. ADV Has $422,000 Stake in Cohen & Steers Infrastructure Fund, Inc (NYSE:UTF)

Mercer Global Advisors Inc. ADV reduced its stake in Cohen & Steers Infrastructure Fund, Inc (NYSE:UTF) by 79.7% in the 4th quarter, according to the company in its most recent filing with the SEC. The fund owned 17,567 shares of the investment management company’s stock after selling 68,917 shares during the quarter. Mercer Global Advisors Inc. ADV’s holdings in Cohen & Steers Infrastructure Fund were worth $422,000 at the end of the most recent reporting period.

A number of other large investors have also recently added to or reduced their stakes in the stock. Jones Financial Companies Lllp bought a new stake in shares of Cohen & Steers Infrastructure Fund during the 4th quarter worth $32,000. Millstone Evans Group LLC acquired a new position in Cohen & Steers Infrastructure Fund during the 4th quarter worth $36,000. Allworth Financial LP boosted its holdings in Cohen & Steers Infrastructure Fund by 45.7% during the fourth quarter. Allworth Financial LP now owns 3,421 shares of the investment management company’s stock valued at $83,000 after acquiring an additional 1,073 shares during the period. Golden State Wealth Management LLC acquired a new stake in shares of Cohen & Steers Infrastructure Fund in the fourth quarter valued at about $115,000. Finally, Comerica Bank grew its position in shares of Cohen & Steers Infrastructure Fund by 38.4% in the fourth quarter. Comerica Bank now owns 7,281 shares of the investment management company’s stock valued at $175,000 after purchasing an additional 2,020 shares during the last quarter.

Cohen & Steers Infrastructure Fund Stock Down 0.6%

Shares of NYSE UTF opened at $25.22 on Wednesday. Cohen & Steers Infrastructure Fund, Inc has a 12 month low of $22.05 and a 12 month high of $26.31. The business’s 50 day moving average is $24.72 and its two-hundred day moving average is $24.65.

Cohen & Steers Infrastructure Fund Dividend Announcement

The business also recently announced a dividend, which will be paid on Friday, May 30th. Investors of record on Wednesday, May 14th will be given a dividend of $0.155 per share. This represents a yield of 7.27%. The ex-dividend date of this dividend is Tuesday, May 13th.

About Cohen & Steers Infrastructure Fund

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.