Conning Inc. Decreases Stock Position in Cohen & Steers Infrastructure Fund, Inc (NYSE:UTF)

Conning Inc. reduced its holdings in shares of Cohen & Steers Infrastructure Fund, Inc (NYSE:UTF) by 15.0% in the 4th quarter, HoldingsChannel.com reports. The fund owned 118,182 shares of the investment management company’s stock after selling 20,798 shares during the period. Conning Inc.’s holdings in Cohen & Steers Infrastructure Fund were worth $2,841,000 at the end of the most recent reporting period.

Other hedge funds have also recently added to or reduced their stakes in the company. Consolidated Portfolio Review Corp grew its stake in Cohen & Steers Infrastructure Fund by 0.6% in the 3rd quarter. Consolidated Portfolio Review Corp now owns 82,504 shares of the investment management company’s stock worth $2,148,000 after acquiring an additional 492 shares during the period. Quad Cities Investment Group LLC boosted its holdings in shares of Cohen & Steers Infrastructure Fund by 3.0% during the third quarter. Quad Cities Investment Group LLC now owns 22,052 shares of the investment management company’s stock worth $574,000 after purchasing an additional 647 shares during the last quarter. MML Investors Services LLC boosted its holdings in shares of Cohen & Steers Infrastructure Fund by 7.7% during the third quarter. MML Investors Services LLC now owns 13,403 shares of the investment management company’s stock worth $349,000 after purchasing an additional 956 shares during the last quarter. Raymond James Trust N.A. grew its position in shares of Cohen & Steers Infrastructure Fund by 3.7% in the third quarter. Raymond James Trust N.A. now owns 27,702 shares of the investment management company’s stock valued at $721,000 after purchasing an additional 982 shares during the period. Finally, Northwest Investment Counselors LLC acquired a new position in Cohen & Steers Infrastructure Fund in the third quarter valued at $26,000.

Cohen & Steers Infrastructure Fund Price Performance

Shares of NYSE:UTF opened at $24.41 on Friday. The stock’s 50-day moving average price is $24.31 and its two-hundred day moving average price is $24.85. Cohen & Steers Infrastructure Fund, Inc has a 12-month low of $21.26 and a 12-month high of $26.31.

Cohen & Steers Infrastructure Fund Announces Dividend

The business also recently announced a dividend, which was paid on Friday, January 31st. Investors of record on Wednesday, January 15th were given a $0.155 dividend. The ex-dividend date of this dividend was Tuesday, January 14th. This represents a dividend yield of 7.94%.

Cohen & Steers Infrastructure Fund Profile

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.