Monterey Private Wealth Inc. Lowers Stake in Cohen & Steers Infrastructure Fund, Inc (NYSE:UTF)

Monterey Private Wealth Inc. cut its stake in Cohen & Steers Infrastructure Fund, Inc (NYSE:UTF) by 3.5% in the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 18,988 shares of the investment management company’s stock after selling 696 shares during the period. Monterey Private Wealth Inc.’s holdings in Cohen & Steers Infrastructure Fund were worth $456,000 as of its most recent SEC filing.

Other institutional investors have also added to or reduced their stakes in the company. Mercer Global Advisors Inc. ADV boosted its stake in Cohen & Steers Infrastructure Fund by 14.2% in the second quarter. Mercer Global Advisors Inc. ADV now owns 92,662 shares of the investment management company’s stock worth $2,082,000 after buying an additional 11,546 shares in the last quarter. Certified Advisory Corp lifted its holdings in shares of Cohen & Steers Infrastructure Fund by 180.1% in the 2nd quarter. Certified Advisory Corp now owns 27,196 shares of the investment management company’s stock worth $611,000 after acquiring an additional 17,485 shares during the last quarter. Sanctuary Advisors LLC purchased a new stake in shares of Cohen & Steers Infrastructure Fund in the 2nd quarter valued at $1,694,000. Heritage Wealth Management Inc. bought a new position in shares of Cohen & Steers Infrastructure Fund during the 2nd quarter valued at $251,000. Finally, Creative Planning raised its position in Cohen & Steers Infrastructure Fund by 22.9% in the 3rd quarter. Creative Planning now owns 33,221 shares of the investment management company’s stock worth $865,000 after purchasing an additional 6,190 shares during the period.

Cohen & Steers Infrastructure Fund Stock Performance

NYSE UTF opened at $24.42 on Tuesday. The company has a 50-day simple moving average of $24.60 and a two-hundred day simple moving average of $24.80. Cohen & Steers Infrastructure Fund, Inc has a 12-month low of $20.56 and a 12-month high of $26.31.

Cohen & Steers Infrastructure Fund Dividend Announcement

The business also recently declared a dividend, which will be paid on Friday, January 31st. Investors of record on Wednesday, January 15th will be given a dividend of $0.155 per share. The ex-dividend date of this dividend is Tuesday, January 14th. This represents a yield of 7.94%.

Cohen & Steers Infrastructure Fund 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.