LPL Financial LLC Acquires 13,776 Shares of Cohen & Steers Infrastructure Fund, Inc (NYSE:UTF)

LPL Financial LLC raised its holdings in Cohen & Steers Infrastructure Fund, Inc (NYSE:UTF) by 2.6% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 534,252 shares of the investment management company’s stock after buying an additional 13,776 shares during the quarter. LPL Financial LLC’s holdings in Cohen & Steers Infrastructure Fund were worth $12,843,000 at the end of the most recent quarter.

Other hedge funds have also recently made changes to their positions in the company. Raymond James Financial Inc. bought a new stake in shares of Cohen & Steers Infrastructure Fund during the 4th quarter valued at about $19,379,000. Strategic Financial Concepts LLC bought a new stake in Cohen & Steers Infrastructure Fund during the 4th quarter valued at approximately $2,947,000. World Investment Advisors LLC bought a new position in shares of Cohen & Steers Infrastructure Fund in the 3rd quarter worth approximately $2,033,000. Cornerstone Advisors LLC purchased a new position in shares of Cohen & Steers Infrastructure Fund in the 4th quarter valued at approximately $1,579,000. Finally, Benjamin Edwards Inc. bought a new stake in shares of Cohen & Steers Infrastructure Fund during the third quarter valued at approximately $1,662,000.

Cohen & Steers Infrastructure Fund Trading Up 1.0 %

UTF opened at $25.88 on Thursday. The stock has a fifty day simple moving average of $24.60 and a two-hundred day simple moving average of $24.87. Cohen & Steers Infrastructure Fund, Inc has a 12-month low of $21.26 and a 12-month high of $26.31.

Cohen & Steers Infrastructure Fund Announces Dividend

The firm also recently disclosed a — dividend, which will be paid on Monday, June 30th. Investors of record on Tuesday, June 10th will be paid a dividend of $0.155 per share. This represents a yield of 7.3%. The ex-dividend date of this dividend is Tuesday, June 10th.

About Cohen & Steers Infrastructure Fund

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.