Wedbush Securities Inc. Sells 8,648 Shares of Cohen & Steers Infrastructure Fund, Inc (NYSE:UTF)

Wedbush Securities Inc. reduced its position in Cohen & Steers Infrastructure Fund, Inc (NYSE:UTF) by 11.4% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 67,110 shares of the investment management company’s stock after selling 8,648 shares during the quarter. Wedbush Securities Inc.’s holdings in Cohen & Steers Infrastructure Fund were worth $1,613,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently made changes to their positions in the company. HighTower Advisors LLC raised its position in Cohen & Steers Infrastructure Fund by 15.0% during the third quarter. HighTower Advisors LLC now owns 52,527 shares of the investment management company’s stock valued at $1,367,000 after purchasing an additional 6,848 shares in the last quarter. Stifel Financial Corp increased its stake in shares of Cohen & Steers Infrastructure Fund by 1.3% in the 3rd quarter. Stifel Financial Corp now owns 315,839 shares of the investment management company’s stock valued at $8,221,000 after purchasing an additional 3,959 shares during the last quarter. MML Investors Services LLC raised its holdings in shares of Cohen & Steers Infrastructure Fund by 7.7% during the 3rd quarter. MML Investors Services LLC now owns 13,403 shares of the investment management company’s stock worth $349,000 after buying an additional 956 shares in the last quarter. Abel Hall LLC bought a new stake in shares of Cohen & Steers Infrastructure Fund during the 3rd quarter worth $260,000. Finally, Sanctuary Advisors LLC boosted its stake in Cohen & Steers Infrastructure Fund by 3.9% in the third quarter. Sanctuary Advisors LLC now owns 76,138 shares of the investment management company’s stock valued at $1,963,000 after buying an additional 2,870 shares in the last quarter.

Cohen & Steers Infrastructure Fund Trading Down 6.4 %

Cohen & Steers Infrastructure Fund stock opened at $24.17 on Friday. Cohen & Steers Infrastructure Fund, Inc has a 12-month low of $21.26 and a 12-month high of $26.31. The business’s 50-day moving average price is $24.63 and its two-hundred day moving average price is $24.86.

Cohen & Steers Infrastructure Fund Announces Dividend

The business also recently disclosed a — dividend, which will be paid on Monday, June 30th. Investors of record on Tuesday, June 10th will be given a dividend of $0.155 per share. This represents a yield of 7.3%. The ex-dividend date is Tuesday, June 10th.

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.