Cetera Investment Advisers Sells 7,778 Shares of Cohen & Steers Infrastructure Fund, Inc $UTF

Cetera Investment Advisers reduced its stake in Cohen & Steers Infrastructure Fund, Inc (NYSE:UTF) by 4.3% in the 2nd quarter, HoldingsChannel reports. The firm owned 171,133 shares of the investment management company’s stock after selling 7,778 shares during the quarter. Cetera Investment Advisers’ holdings in Cohen & Steers Infrastructure Fund were worth $4,612,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently made changes to their positions in UTF. Blue Trust Inc. bought a new stake in Cohen & Steers Infrastructure Fund in the 2nd quarter valued at about $27,000. Ameritas Advisory Services LLC acquired a new stake in Cohen & Steers Infrastructure Fund in the second quarter valued at approximately $31,000. Investors Research Corp bought a new stake in shares of Cohen & Steers Infrastructure Fund during the second quarter valued at approximately $43,000. Costello Asset Management INC acquired a new position in shares of Cohen & Steers Infrastructure Fund during the first quarter worth approximately $42,000. Finally, Trust Co. of Vermont bought a new position in shares of Cohen & Steers Infrastructure Fund in the 2nd quarter worth $55,000.

Cohen & Steers Infrastructure Fund Price Performance

NYSE UTF opened at $23.95 on Tuesday. The company has a fifty day simple moving average of $24.11 and a 200 day simple moving average of $25.59. Cohen & Steers Infrastructure Fund, Inc has a 12-month low of $22.05 and a 12-month high of $27.25.

Cohen & Steers Infrastructure Fund Dividend Announcement

The firm also recently disclosed a monthly dividend, which will be paid on Wednesday, December 31st. Stockholders of record on Tuesday, December 9th will be issued a dividend of $0.155 per share. This represents a c) dividend on an annualized basis and a dividend yield of 7.8%. The ex-dividend date is Tuesday, December 9th.

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.