HBK Sorce Advisory LLC Makes New $580,000 Investment in Cohen & Steers Infrastructure Fund, Inc $UTF

HBK Sorce Advisory LLC purchased a new stake in Cohen & Steers Infrastructure Fund, Inc (NYSE:UTFFree Report) in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor purchased 21,255 shares of the investment management company’s stock, valued at approximately $580,000.

Several other hedge funds have also added to or reduced their stakes in the business. Parallel Advisors LLC raised its stake in shares of Cohen & Steers Infrastructure Fund by 1,023.1% during the 3rd quarter. Parallel Advisors LLC now owns 1,168 shares of the investment management company’s stock worth $29,000 after purchasing an additional 1,064 shares in the last quarter. Allied Private Wealth LLC bought a new stake in Cohen & Steers Infrastructure Fund in the 2nd quarter valued at $48,000. Garton & Associates Financial Advisors LLC acquired a new position in shares of Cohen & Steers Infrastructure Fund in the fourth quarter valued at about $50,000. Cornerstone Planning Group LLC acquired a new position in shares of Cohen & Steers Infrastructure Fund during the 4th quarter worth approximately $55,000. Finally, Geneos Wealth Management Inc. grew its position in Cohen & Steers Infrastructure Fund by 20.0% during the first quarter. Geneos Wealth Management Inc. now owns 2,398 shares of the investment management company’s stock worth $61,000 after buying an additional 400 shares in the last quarter.

Cohen & Steers Infrastructure Fund Trading Up 0.2%

NYSE UTF opened at $27.08 on Tuesday. The firm’s 50 day simple moving average is $27.42 and its 200 day simple moving average is $26.79. Cohen & Steers Infrastructure Fund, Inc has a 1 year low of $23.42 and a 1 year high of $28.11.

Cohen & Steers Infrastructure Fund Announces Dividend

The firm also recently declared a monthly dividend, which will be paid on Wednesday, September 30th. Shareholders of record on Tuesday, September 8th will be given a $0.165 dividend. This represents a c) annualized dividend and a yield of 7.3%. The ex-dividend date is Tuesday, September 8th.

Cohen & Steers Infrastructure Fund Profile

(Free Report)

Cohen & Steers Infrastructure Fund, Inc (NYSE: UTF) is a closed-end management investment company that provides investors with exposure to global infrastructure assets. Listed on the New York Stock Exchange, the fund seeks to deliver total return through a combination of current income and capital appreciation. Since its inception in 2014, UTF has offered a vehicle for investors to access both equity and debt securities of companies operating in critical infrastructure sectors.

The fund’s portfolio is diversified across a range of infrastructure industries, including utilities, energy, transportation, and communications.

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Institutional Ownership by Quarter for Cohen & Steers Infrastructure Fund (NYSE:UTF)

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