Ieq Capital LLC Buys New Stake in Cohen & Steers Infrastructure Fund, Inc $UTF

Ieq Capital LLC purchased a new position in shares of Cohen & Steers Infrastructure Fund, Inc (NYSE:UTF) in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 21,034 shares of the investment management company’s stock, valued at approximately $580,000.

Several other hedge funds also recently bought and sold shares of UTF. Kilter Group LLC purchased a new stake in Cohen & Steers Infrastructure Fund during the 2nd quarter worth about $28,000. Parallel Advisors LLC lifted its holdings in Cohen & Steers Infrastructure Fund by 1,023.1% in the 3rd quarter. Parallel Advisors LLC now owns 1,168 shares of the investment management company’s stock valued at $29,000 after purchasing an additional 1,064 shares in the last quarter. Allied Private Wealth LLC acquired a new stake in shares of Cohen & Steers Infrastructure Fund during the 2nd quarter worth about $48,000. Garton & Associates Financial Advisors LLC acquired a new stake in shares of Cohen & Steers Infrastructure Fund during the 4th quarter worth about $50,000. Finally, Cornerstone Planning Group LLC purchased a new stake in shares of Cohen & Steers Infrastructure Fund during the fourth quarter worth about $55,000.

Cohen & Steers Infrastructure Fund Price Performance

NYSE:UTF opened at $27.13 on Friday. The firm has a 50 day simple moving average of $27.43 and a 200-day simple moving average of $26.86. 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 Dividend Announcement

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

Cohen & Steers Infrastructure Fund Profile

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.