Motco Invests $7.03 Million in Cohen & Steers Infrastructure Fund, Inc (NYSE:UTF)

Motco purchased a new position in shares of Cohen & Steers Infrastructure Fund, Inc (NYSE:UTFGet Rating) in the 4th quarter, according to its most recent Form 13F filing with the SEC. The firm purchased 118,780 shares of the investment management company’s stock, valued at approximately $7,030,000.

A number of other large investors have also recently added to or reduced their stakes in UTF. First Trust Advisors LP lifted its holdings in Cohen & Steers Infrastructure Fund by 0.6% during the 1st quarter. First Trust Advisors LP now owns 173,040 shares of the investment management company’s stock worth $4,243,000 after purchasing an additional 1,078 shares during the last quarter. Morgan Stanley lifted its holdings in Cohen & Steers Infrastructure Fund by 11.6% during the 2nd quarter. Morgan Stanley now owns 1,745,611 shares of the investment management company’s stock worth $50,082,000 after purchasing an additional 180,998 shares during the last quarter. Cambridge Investment Research Advisors Inc. lifted its holdings in Cohen & Steers Infrastructure Fund by 0.9% during the 3rd quarter. Cambridge Investment Research Advisors Inc. now owns 166,392 shares of the investment management company’s stock worth $4,509,000 after purchasing an additional 1,403 shares during the last quarter. Raymond James & Associates lifted its holdings in Cohen & Steers Infrastructure Fund by 4.1% during the 3rd quarter. Raymond James & Associates now owns 443,650 shares of the investment management company’s stock worth $12,023,000 after purchasing an additional 17,346 shares during the last quarter. Finally, Raymond James Financial Services Advisors Inc. lifted its holdings in Cohen & Steers Infrastructure Fund by 2.4% during the 3rd quarter. Raymond James Financial Services Advisors Inc. now owns 362,384 shares of the investment management company’s stock worth $9,821,000 after purchasing an additional 8,426 shares during the last quarter.

NYSE:UTF traded down $0.69 during mid-day trading on Friday, hitting $27.03. 165,906 shares of the stock were exchanged, compared to its average volume of 173,190. The firm’s 50-day simple moving average is $27.78 and its 200 day simple moving average is $27.69. Cohen & Steers Infrastructure Fund, Inc has a fifty-two week low of $24.25 and a fifty-two week high of $29.85.

The business also recently disclosed a monthly dividend, which will be paid on Thursday, June 30th. Shareholders of record on Wednesday, June 15th will be issued a $0.155 dividend. The ex-dividend date is Tuesday, June 14th. This represents a $1.86 annualized dividend and a yield of 6.88%.

Cohen & Steers Infrastructure Fund Company Profile (Get Rating)

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.

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Institutional Ownership by Quarter for Cohen & Steers Infrastructure Fund (NYSE:UTF)

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