Tyche Wealth Partners LLC Acquires New Holdings in Cohen & Steers Infrastructure Fund, Inc (NYSE:UTF)

Tyche Wealth Partners LLC bought a new stake in Cohen & Steers Infrastructure Fund, Inc (NYSE:UTF) in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 20,670 shares of the investment management company’s stock, valued at approximately $439,000.

Several other large investors also recently added to or reduced their stakes in UTF. HighTower Advisors LLC lifted its stake in shares of Cohen & Steers Infrastructure Fund by 22.6% in the 1st quarter. HighTower Advisors LLC now owns 50,549 shares of the investment management company’s stock valued at $1,462,000 after purchasing an additional 9,311 shares during the last quarter. Raymond James Trust N.A. raised its holdings in Cohen & Steers Infrastructure Fund by 18.4% during the first quarter. Raymond James Trust N.A. now owns 15,724 shares of the investment management company’s stock valued at $456,000 after buying an additional 2,442 shares in the last quarter. Cetera Investment Advisers lifted its position in shares of Cohen & Steers Infrastructure Fund by 16.8% in the first quarter. Cetera Investment Advisers now owns 21,622 shares of the investment management company’s stock worth $626,000 after buying an additional 3,109 shares during the last quarter. NewEdge Advisors LLC boosted its stake in shares of Cohen & Steers Infrastructure Fund by 19.0% during the 1st quarter. NewEdge Advisors LLC now owns 18,073 shares of the investment management company’s stock worth $523,000 after acquiring an additional 2,881 shares in the last quarter. Finally, First Trust Advisors LP increased its holdings in shares of Cohen & Steers Infrastructure Fund by 1.7% during the 1st quarter. First Trust Advisors LP now owns 97,928 shares of the investment management company’s stock valued at $2,835,000 after acquiring an additional 1,605 shares during the last quarter.

Cohen & Steers Infrastructure Fund Stock Down 1.0 %

Shares of UTF stock traded down $0.22 during trading on Wednesday, reaching $21.37. The company had a trading volume of 307,390 shares, compared to its average volume of 265,215. The firm’s 50 day simple moving average is $22.37 and its two-hundred day simple moving average is $21.35. Cohen & Steers Infrastructure Fund, Inc has a one year low of $18.15 and a one year high of $23.87.

Cohen & Steers Infrastructure Fund Announces Dividend

The company also recently disclosed a monthly dividend, which will be paid on Friday, June 28th. Stockholders of record on Tuesday, June 11th will be paid a $0.155 dividend. This represents a $1.86 dividend on an annualized basis and a dividend yield of 8.70%. The ex-dividend date of this dividend is Tuesday, June 11th.

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.