Matrix Private Capital Group LLC Invests $3.12 Million in Cohen & Steers Infrastructure Fund, Inc $UTF

Matrix Private Capital Group LLC bought a new position in shares of Cohen & Steers Infrastructure Fund, Inc (NYSE:UTF) in the 1st quarter, according to the company in its most recent 13F filing with the SEC. The firm bought 120,381 shares of the investment management company’s stock, valued at approximately $3,115,000. Cohen & Steers Infrastructure Fund accounts for approximately 1.5% of Matrix Private Capital Group LLC’s holdings, making the stock its 16th biggest position.

Several other institutional investors have also bought and sold shares of the stock. Parallel Advisors LLC grew its position in Cohen & Steers Infrastructure Fund by 1,023.1% in the third quarter. Parallel Advisors LLC now owns 1,168 shares of the investment management company’s stock valued at $29,000 after acquiring an additional 1,064 shares during the period. Garton & Associates Financial Advisors LLC bought a new position in shares of Cohen & Steers Infrastructure Fund during the fourth quarter valued at $50,000. Cornerstone Planning Group LLC acquired a new stake in shares of Cohen & Steers Infrastructure Fund in the 4th quarter valued at $55,000. Geneos Wealth Management Inc. boosted its stake in shares of Cohen & Steers Infrastructure Fund by 20.0% in the 1st 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 in the last quarter. Finally, PFG Investments LLC bought a new stake in shares of Cohen & Steers Infrastructure Fund in the 1st quarter worth about $202,000.

Cohen & Steers Infrastructure Fund Trading Up 0.5%

Shares of Cohen & Steers Infrastructure Fund stock opened at $27.98 on Friday. The company has a 50-day simple moving average of $27.28 and a 200 day simple moving average of $26.48. Cohen & Steers Infrastructure Fund, Inc has a 12-month low of $23.42 and a 12-month high of $28.11.

Cohen & Steers Infrastructure Fund Announces Dividend

The company also recently declared a monthly dividend, which will be paid on Wednesday, September 30th. Shareholders of record on Tuesday, September 8th will be given a $0.165 dividend. The ex-dividend date is Tuesday, September 8th. This represents a c) dividend on an annualized basis and a yield of 7.1%.

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.