Maridea Wealth Management LLC Invests $526,000 in Cohen & Steers Infrastructure Fund, Inc (NYSE:UTF)

Maridea Wealth Management LLC acquired a new position in Cohen & Steers Infrastructure Fund, Inc (NYSE:UTF) during the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm acquired 21,882 shares of the investment management company’s stock, valued at approximately $526,000.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in UTF. Raymond James Financial Inc. acquired a new position in shares of Cohen & Steers Infrastructure Fund during the fourth quarter valued at $19,379,000. MML Investors Services LLC raised its holdings in 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 in the last quarter. Stratos Wealth Partners LTD. lifted its position in Cohen & Steers Infrastructure Fund by 37.1% in the fourth quarter. Stratos Wealth Partners LTD. now owns 21,195 shares of the investment management company’s stock worth $510,000 after purchasing an additional 5,741 shares during the period. Janney Montgomery Scott LLC boosted its stake in Cohen & Steers Infrastructure Fund by 10.9% during the 4th quarter. Janney Montgomery Scott LLC now owns 58,844 shares of the investment management company’s stock valued at $1,415,000 after purchasing an additional 5,769 shares in the last quarter. Finally, Allworth Financial LP increased its position in shares of Cohen & Steers Infrastructure Fund by 45.7% during the 4th quarter. Allworth Financial LP now owns 3,421 shares of the investment management company’s stock valued at $83,000 after purchasing an additional 1,073 shares during the period.

Cohen & Steers Infrastructure Fund Price Performance

UTF opened at $25.30 on Friday. Cohen & Steers Infrastructure Fund, Inc has a one year low of $21.26 and a one year high of $26.31. The stock’s fifty day moving average is $24.53 and its 200-day moving average is $24.88.

Cohen & Steers Infrastructure Fund Dividend Announcement

The firm also recently announced a monthly dividend, which will be paid on Wednesday, April 30th. Investors of record on Tuesday, April 8th will be issued a dividend of $0.155 per share. This represents a $1.86 dividend on an annualized basis and a yield of 7.35%. The ex-dividend date is Tuesday, April 8th.

Cohen & Steers Infrastructure Fund Company 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.