Focus Partners Wealth Takes $951,000 Position in Cohen & Steers Infrastructure Fund, Inc (NYSE:UTF)

Focus Partners Wealth bought a new stake in Cohen & Steers Infrastructure Fund, Inc (NYSE:UTF) in the 4th quarter, HoldingsChannel.com reports. The firm bought 39,557 shares of the investment management company’s stock, valued at approximately $951,000.

Several other large investors have also modified their holdings of the stock. MGB Wealth Management LLC boosted its holdings in shares of Cohen & Steers Infrastructure Fund by 4.9% in the 4th quarter. MGB Wealth Management LLC now owns 20,676 shares of the investment management company’s stock valued at $497,000 after buying an additional 975 shares in the last quarter. DAVENPORT & Co LLC boosted its holdings in shares of Cohen & Steers Infrastructure Fund by 6.9% in the 4th quarter. DAVENPORT & Co LLC now owns 15,713 shares of the investment management company’s stock valued at $378,000 after buying an additional 1,020 shares in the last quarter. Allworth Financial LP boosted its holdings in shares of Cohen & Steers Infrastructure Fund by 45.7% in the 4th quarter. Allworth Financial LP now owns 3,421 shares of the investment management company’s stock valued at $83,000 after buying an additional 1,073 shares in the last quarter. Sigma Planning Corp boosted its stake in Cohen & Steers Infrastructure Fund by 11.6% during the 4th quarter. Sigma Planning Corp now owns 10,329 shares of the investment management company’s stock worth $248,000 after purchasing an additional 1,074 shares during the period. Finally, Consolidated Portfolio Review Corp boosted its stake in Cohen & Steers Infrastructure Fund by 1.4% during the 4th quarter. Consolidated Portfolio Review Corp now owns 83,652 shares of the investment management company’s stock worth $2,011,000 after purchasing an additional 1,148 shares during the period.

Cohen & Steers Infrastructure Fund Trading Up 1.0%

Shares of NYSE:UTF opened at $25.70 on Monday. The firm has a fifty day moving average price of $24.79 and a 200 day moving average price of $24.66. Cohen & Steers Infrastructure Fund, Inc has a 1-year low of $22.05 and a 1-year high of $26.31.

Cohen & Steers Infrastructure Fund Announces Dividend

The firm also recently declared a dividend, which will be paid on Friday, May 30th. Investors of record on Wednesday, May 14th will be paid 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.