Cohen & Steers Infrastructure Fund, Inc $UTF Shares Sold by Bedell Frazier Investment Counselling LLC

Bedell Frazier Investment Counselling LLC reduced its position in shares of Cohen & Steers Infrastructure Fund, Inc (NYSE:UTF) by 30.2% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 341,758 shares of the investment management company’s stock after selling 148,135 shares during the period. Cohen & Steers Infrastructure Fund comprises approximately 1.7% of Bedell Frazier Investment Counselling LLC’s holdings, making the stock its 16th largest holding. Bedell Frazier Investment Counselling LLC’s holdings in Cohen & Steers Infrastructure Fund were worth $8,476,000 at the end of the most recent quarter.

Several other large investors have also recently added to or reduced their stakes in the company. Geneos Wealth Management Inc. increased its stake in Cohen & Steers Infrastructure Fund by 20.0% during the first 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. Atria Investments Inc boosted its holdings in shares of Cohen & Steers Infrastructure Fund by 585.0% in the 2nd quarter. Atria Investments Inc now owns 146,879 shares of the investment management company’s stock valued at $3,958,000 after buying an additional 125,438 shares during the period. AlphaStar Capital Management LLC grew its position in shares of Cohen & Steers Infrastructure Fund by 1.5% during the 2nd quarter. AlphaStar Capital Management LLC now owns 33,040 shares of the investment management company’s stock valued at $890,000 after buying an additional 502 shares during the last quarter. Strategic Financial Concepts LLC bought a new stake in shares of Cohen & Steers Infrastructure Fund during the 2nd quarter valued at about $216,000. Finally, Moors & Cabot Inc. acquired a new stake in Cohen & Steers Infrastructure Fund during the second quarter worth about $758,000.

Cohen & Steers Infrastructure Fund Price Performance

Shares of NYSE UTF opened at $27.07 on Friday. The firm’s 50-day moving average price is $25.39 and its two-hundred day moving average price is $24.93. Cohen & Steers Infrastructure Fund, Inc has a 52-week low of $22.05 and a 52-week high of $27.25.

Cohen & Steers Infrastructure Fund Dividend Announcement

The business also recently declared a monthly dividend, which will be paid on Tuesday, March 31st. Investors of record on Tuesday, March 10th will be issued a $0.155 dividend. The ex-dividend date of this dividend is Tuesday, March 10th. This represents a c) annualized dividend and a dividend yield of 6.9%.

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.