Janney Montgomery Scott LLC Trims Stake in Cohen & Steers Infrastructure Fund, Inc (NYSE:UTF)

Janney Montgomery Scott LLC lessened its holdings in shares of Cohen & Steers Infrastructure Fund, Inc (NYSE:UTF) by 6.1% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 53,075 shares of the investment management company’s stock after selling 3,462 shares during the quarter. Janney Montgomery Scott LLC’s holdings in Cohen & Steers Infrastructure Fund were worth $1,382,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Cetera Advisors LLC raised its position in shares of Cohen & Steers Infrastructure Fund by 15.5% during the 1st quarter. Cetera Advisors LLC now owns 46,599 shares of the investment management company’s stock valued at $1,098,000 after buying an additional 6,258 shares in the last quarter. Creative Planning raised its position in Cohen & Steers Infrastructure Fund by 22.9% during the third quarter. Creative Planning now owns 33,221 shares of the investment management company’s stock valued at $865,000 after purchasing an additional 6,190 shares in the last quarter. Raymond James & Associates lifted its stake in Cohen & Steers Infrastructure Fund by 0.8% during the third quarter. Raymond James & Associates now owns 253,586 shares of the investment management company’s stock worth $6,601,000 after purchasing an additional 2,137 shares during the last quarter. Cetera Investment Advisers boosted its holdings in shares of Cohen & Steers Infrastructure Fund by 420.9% in the 1st quarter. Cetera Investment Advisers now owns 182,220 shares of the investment management company’s stock worth $4,295,000 after purchasing an additional 147,236 shares in the last quarter. Finally, Atria Wealth Solutions Inc. boosted its holdings in shares of Cohen & Steers Infrastructure Fund by 1.5% in the 2nd quarter. Atria Wealth Solutions Inc. now owns 52,734 shares of the investment management company’s stock worth $1,185,000 after purchasing an additional 777 shares in the last quarter.

Cohen & Steers Infrastructure Fund Price Performance

Shares of NYSE UTF opened at $24.87 on Friday. The stock’s 50-day moving average is $25.53 and its 200 day moving average is $24.26. Cohen & Steers Infrastructure Fund, Inc has a 1-year low of $20.56 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 Thursday, October 31st. Shareholders of record on Wednesday, October 16th were paid a dividend of $0.155 per share. This represents a dividend yield of 7.27%. The ex-dividend date was Tuesday, October 15th.

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.