Cohen & Steers Infrastructure Fund (NYSE:UTF) Shares Pass Below 200 Day Moving Average – What’s Next?

Cohen & Steers Infrastructure Fund, Inc (NYSE:UTF) shares passed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $24.69 and traded as low as $23.80. Cohen & Steers Infrastructure Fund shares last traded at $24.02, with a volume of 188,190 shares traded.

Cohen & Steers Infrastructure Fund Trading Up 0.0 %

The firm has a fifty day moving average of $24.80 and a 200-day moving average of $24.69.

Cohen & Steers Infrastructure Fund Dividend Announcement

The business also recently disclosed a monthly dividend, which will be paid on Monday, March 31st. Stockholders of record on Tuesday, March 11th will be issued a $0.155 dividend. This represents a $1.86 annualized dividend and a dividend yield of 7.74%. The ex-dividend date of this dividend is Tuesday, March 11th.

Hedge Funds Weigh In On Cohen & Steers Infrastructure Fund

Institutional investors have recently added to or reduced their stakes in the company. Northwest Investment Counselors LLC acquired a new stake in Cohen & Steers Infrastructure Fund in the third quarter valued at $26,000. Wilmington Savings Fund Society FSB acquired a new stake in Cohen & Steers Infrastructure Fund in the 3rd quarter valued at about $45,000. Ashton Thomas Securities LLC bought a new position in Cohen & Steers Infrastructure Fund during the third quarter worth about $153,000. Kovack Advisors Inc. acquired a new position in Cohen & Steers Infrastructure Fund during the third quarter worth approximately $202,000. Finally, Main Street Financial Solutions LLC bought a new stake in Cohen & Steers Infrastructure Fund in the third quarter valued at approximately $247,000.

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.