Cohen & Steers Infrastructure Fund (NYSE:UTF) Stock Crosses Below 200 Day Moving Average – Here’s What Happened

Cohen & Steers Infrastructure Fund, Inc (NYSE:UTFGet Free Report)’s share price passed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $26.86 and traded as low as $25.75. Cohen & Steers Infrastructure Fund shares last traded at $25.9150, with a volume of 284,637 shares traded.

Cohen & Steers Infrastructure Fund Stock Down 0.0%

The stock has a fifty day moving average of $27.27 and a 200-day moving average of $26.86.

Cohen & Steers Infrastructure Fund Announces Dividend

The business also recently disclosed a monthly dividend, which will be paid on Wednesday, September 30th. Stockholders of record on Tuesday, September 8th will be given a dividend of $0.165 per share. The ex-dividend date of this dividend is Tuesday, September 8th. This represents a c) dividend on an annualized basis and a dividend yield of 7.6%.

Institutional Trading of Cohen & Steers Infrastructure Fund

Hedge funds have recently added to or reduced their stakes in the company. Geneos Wealth Management Inc. increased its position in shares of Cohen & Steers Infrastructure Fund by 20.0% in the 1st quarter. Geneos Wealth Management Inc. now owns 2,398 shares of the investment management company’s stock valued at $61,000 after purchasing an additional 400 shares during the last quarter. Baird Financial Group Inc. grew its stake in shares of Cohen & Steers Infrastructure Fund by 3.5% during the second quarter. Baird Financial Group Inc. now owns 17,591 shares of the investment management company’s stock worth $474,000 after purchasing an additional 595 shares in the last quarter. Raymond James Financial Inc. increased its holdings in Cohen & Steers Infrastructure Fund by 3.5% in the second quarter. Raymond James Financial Inc. now owns 836,724 shares of the investment management company’s stock valued at $22,550,000 after buying an additional 28,192 shares during the last quarter. Jane Street Group LLC acquired a new stake in Cohen & Steers Infrastructure Fund in the second quarter valued at $600,000. Finally, Visionary Wealth Advisors raised its stake in Cohen & Steers Infrastructure Fund by 9.4% in the second quarter. Visionary Wealth Advisors now owns 9,524 shares of the investment management company’s stock valued at $257,000 after buying an additional 822 shares in the last quarter.

Cohen & Steers Infrastructure Fund Company Profile

(Get 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.

Further Reading

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