Oppenheimer & Co. Inc. Sells 1,629 Shares of Cohen & Steers Infrastructure Fund, Inc (NYSE:UTF)

Oppenheimer & Co. Inc. reduced its stake in Cohen & Steers Infrastructure Fund, Inc (NYSE:UTF) by 11.3% during the third quarter, HoldingsChannel.com reports. The fund owned 12,828 shares of the investment management company’s stock after selling 1,629 shares during the quarter. Oppenheimer & Co. Inc.’s holdings in Cohen & Steers Infrastructure Fund were worth $334,000 at the end of the most recent reporting period.

Several other hedge funds have also bought and sold shares of the stock. Raymond James Financial Services Advisors Inc. grew its holdings in shares of Cohen & Steers Infrastructure Fund by 1.6% in the second quarter. Raymond James Financial Services Advisors Inc. now owns 615,537 shares of the investment management company’s stock valued at $13,837,000 after purchasing an additional 9,864 shares in the last quarter. Raymond James & Associates increased 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 acquiring an additional 2,137 shares during the last quarter. Strategic Wealth Partners Ltd. raised its position in Cohen & Steers Infrastructure Fund by 9.6% during the first quarter. Strategic Wealth Partners Ltd. now owns 184,222 shares of the investment management company’s stock valued at $4,342,000 after purchasing an additional 16,066 shares during the period. Cetera Investment Advisers lifted its stake 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 valued at $4,295,000 after purchasing an additional 147,236 shares during the last quarter. Finally, United Capital Management of KS Inc. boosted its holdings in shares of Cohen & Steers Infrastructure Fund by 2.5% in the 2nd quarter. United Capital Management of KS Inc. now owns 170,719 shares of the investment management company’s stock worth $3,838,000 after purchasing an additional 4,217 shares during the period.

Cohen & Steers Infrastructure Fund Stock Performance

Cohen & Steers Infrastructure Fund stock opened at $25.60 on Friday. Cohen & Steers Infrastructure Fund, Inc has a 12-month low of $20.56 and a 12-month high of $26.31. The firm has a 50-day moving average price of $25.49 and a 200-day moving average price of $24.34.

Cohen & Steers Infrastructure Fund Announces Dividend

The business also recently announced a dividend, which was paid on Thursday, October 31st. Shareholders of record on Wednesday, October 16th were paid a $0.155 dividend. The ex-dividend date of this dividend was Tuesday, October 15th. This represents a yield of 7.27%.

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.