B. Riley Wealth Advisors Inc. Sells 1,069 Shares of Cohen & Steers Infrastructure Fund, Inc (NYSE:UTF)

B. Riley Wealth Advisors Inc. lessened its stake in shares of Cohen & Steers Infrastructure Fund, Inc (NYSE:UTF) by 8.5% during the third quarter, HoldingsChannel.com reports. The institutional investor owned 11,516 shares of the investment management company’s stock after selling 1,069 shares during the period. B. Riley Wealth Advisors Inc.’s holdings in Cohen & Steers Infrastructure Fund were worth $301,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently modified their holdings of UTF. Atria Wealth Solutions Inc. grew its stake in shares of Cohen & Steers Infrastructure Fund by 1.5% during the second quarter. Atria Wealth Solutions Inc. now owns 52,734 shares of the investment management company’s stock worth $1,185,000 after buying an additional 777 shares during the last quarter. Raymond James Trust N.A. grew its stake in shares of Cohen & Steers Infrastructure Fund by 103.6% during the second quarter. Raymond James Trust N.A. now owns 26,720 shares of the investment management company’s stock worth $601,000 after buying an additional 13,596 shares during the last quarter. Harbour Investments Inc. grew its stake in shares of Cohen & Steers Infrastructure Fund by 4.1% during the second quarter. Harbour Investments Inc. now owns 18,186 shares of the investment management company’s stock worth $409,000 after buying an additional 723 shares during the last quarter. Conning Inc. grew its stake in shares of Cohen & Steers Infrastructure Fund by 2.0% during the second quarter. Conning Inc. now owns 136,317 shares of the investment management company’s stock worth $3,064,000 after buying an additional 2,717 shares during the last quarter. Finally, United Capital Management of KS Inc. lifted its holdings in shares of Cohen & Steers Infrastructure Fund by 2.5% during the second 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 Trading Up 0.9 %

Shares of NYSE:UTF opened at $23.41 on Friday. The firm’s fifty day moving average is $25.20 and its 200-day moving average is $24.60. Cohen & Steers Infrastructure Fund, Inc has a 52 week low of $20.56 and a 52 week high of $26.31.

Cohen & Steers Infrastructure Fund Announces Dividend

The firm also recently declared a monthly dividend, which will be paid on Monday, March 31st. Stockholders of record on Tuesday, March 11th will be issued a dividend of $0.155 per share. The ex-dividend date of this dividend is Tuesday, March 11th. This represents a $1.86 dividend on an annualized basis and a dividend yield of 7.95%.

Cohen & Steers Infrastructure Fund Company 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.