Raymond James Financial Inc. Buys Shares of 806,135 Cohen & Steers Infrastructure Fund, Inc (NYSE:UTF)

Raymond James Financial Inc. bought a new stake in Cohen & Steers Infrastructure Fund, Inc (NYSE:UTF) during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor bought 806,135 shares of the investment management company’s stock, valued at approximately $19,379,000.

A number of other large investors also recently bought and sold shares of UTF. Kovack Advisors Inc. acquired a new position in Cohen & Steers Infrastructure Fund in the third quarter valued at about $202,000. Raymond James Trust N.A. increased its stake in Cohen & Steers Infrastructure Fund by 3.7% during the third quarter. Raymond James Trust N.A. now owns 27,702 shares of the investment management company’s stock worth $721,000 after purchasing an additional 982 shares during the period. Certified Advisory Corp increased its stake in Cohen & Steers Infrastructure Fund by 24.3% during the third quarter. Certified Advisory Corp now owns 33,815 shares of the investment management company’s stock worth $880,000 after purchasing an additional 6,619 shares during the period. MGB Wealth Management LLC increased its stake in Cohen & Steers Infrastructure Fund by 8.1% during the third quarter. MGB Wealth Management LLC now owns 19,701 shares of the investment management company’s stock worth $513,000 after purchasing an additional 1,480 shares during the period. Finally, Bedell Frazier Investment Counselling LLC increased its stake in Cohen & Steers Infrastructure Fund by 1.7% during the third quarter. Bedell Frazier Investment Counselling LLC now owns 520,063 shares of the investment management company’s stock worth $13,537,000 after purchasing an additional 8,520 shares during the period.

Cohen & Steers Infrastructure Fund Trading Up 1.6 %

Shares of NYSE:UTF opened at $24.55 on Monday. The firm’s 50-day moving average is $24.33 and its two-hundred day moving average is $24.89. Cohen & Steers Infrastructure Fund, Inc has a 1 year low of $21.26 and a 1 year high of $26.31.

Cohen & Steers Infrastructure Fund Dividend Announcement

The firm also recently declared a dividend, which was paid on Friday, January 31st. Shareholders of record on Wednesday, January 15th were paid a dividend of $0.155 per share. The ex-dividend date was 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.