PNC Financial Services Group Inc. Sells 662 Shares of Cohen & Steers Infrastructure Fund, Inc (NYSE:UTF)

PNC Financial Services Group Inc. trimmed its holdings in shares of Cohen & Steers Infrastructure Fund, Inc (NYSE:UTF) by 1.4% during the third quarter, HoldingsChannel reports. The firm owned 45,840 shares of the investment management company’s stock after selling 662 shares during the quarter. PNC Financial Services Group Inc.’s holdings in Cohen & Steers Infrastructure Fund were worth $1,193,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors also recently made changes to their positions in the stock. B. Riley Wealth Advisors Inc. purchased a new position in shares of Cohen & Steers Infrastructure Fund during the 1st quarter valued at $640,000. Cetera Investment Advisers raised its stake in 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 acquiring an additional 147,236 shares during the period. Cetera Advisors LLC lifted its holdings in Cohen & Steers Infrastructure Fund by 15.5% during the first quarter. Cetera Advisors LLC now owns 46,599 shares of the investment management company’s stock valued at $1,098,000 after purchasing an additional 6,258 shares during the last quarter. Brown Lisle Cummings Inc. boosted its position in Cohen & Steers Infrastructure Fund by 61.0% during the second quarter. Brown Lisle Cummings Inc. now owns 1,610 shares of the investment management company’s stock worth $36,000 after purchasing an additional 610 shares during the period. Finally, Raymond James Financial Services Advisors Inc. increased its stake 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 worth $13,837,000 after purchasing an additional 9,864 shares in the last quarter.

Cohen & Steers Infrastructure Fund Price Performance

NYSE UTF opened at $26.14 on Thursday. The company’s 50 day moving average is $25.48 and its 200-day moving average is $24.41. 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 firm also recently announced a dividend, which was paid on Thursday, October 31st. Investors of record on Wednesday, October 16th were given a dividend of $0.155 per share. This represents a yield of 7.27%. The ex-dividend date was Tuesday, October 15th.

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.