Comerica Bank decreased its position in shares of BlackRock Utilities, Infrastructure & Power Opportunities Trust (NYSE:BUI – Free Report) by 35.9% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 7,236 shares of the real estate investment trust’s stock after selling 4,050 shares during the period. Comerica Bank’s holdings in BlackRock Utilities, Infrastructure & Power Opportunities Trust were worth $156,000 at the end of the most recent quarter.
Other hedge funds and other institutional investors also recently modified their holdings of the company. Cornerstone Advisors LLC raised its position in shares of BlackRock Utilities, Infrastructure & Power Opportunities Trust by 21.8% in the first quarter. Cornerstone Advisors LLC now owns 243,854 shares of the real estate investment trust’s stock valued at $5,260,000 after buying an additional 43,603 shares in the last quarter. HBC Financial Services PLLC raised its holdings in BlackRock Utilities, Infrastructure & Power Opportunities Trust by 7.9% in the 1st quarter. HBC Financial Services PLLC now owns 6,800 shares of the real estate investment trust’s stock valued at $146,000 after acquiring an additional 500 shares in the last quarter. Janney Montgomery Scott LLC lifted its position in shares of BlackRock Utilities, Infrastructure & Power Opportunities Trust by 9.7% during the 1st quarter. Janney Montgomery Scott LLC now owns 11,298 shares of the real estate investment trust’s stock valued at $244,000 after acquiring an additional 1,000 shares during the period. Consolidated Portfolio Review Corp acquired a new stake in shares of BlackRock Utilities, Infrastructure & Power Opportunities Trust during the 1st quarter worth $260,000. Finally, Commonwealth Equity Services LLC grew its stake in BlackRock Utilities, Infrastructure & Power Opportunities Trust by 8.8% during the first quarter. Commonwealth Equity Services LLC now owns 64,274 shares of the real estate investment trust’s stock worth $1,386,000 after buying an additional 5,217 shares in the last quarter.
BlackRock Utilities, Infrastructure & Power Opportunities Trust Price Performance
BlackRock Utilities, Infrastructure & Power Opportunities Trust stock opened at $22.75 on Friday. BlackRock Utilities, Infrastructure & Power Opportunities Trust has a 52 week low of $18.73 and a 52 week high of $23.35. The stock has a fifty day moving average of $22.55 and a 200-day moving average of $21.83.
BlackRock Utilities, Infrastructure & Power Opportunities Trust Dividend Announcement
The company also recently declared a monthly dividend, which will be paid on Friday, August 30th. Stockholders of record on Thursday, August 15th will be paid a dividend of $0.121 per share. This represents a $1.45 dividend on an annualized basis and a dividend yield of 6.38%. The ex-dividend date of this dividend is Thursday, August 15th.
BlackRock Utilities, Infrastructure & Power Opportunities Trust Company Profile
BlackRock Utility, Infrastructure & Power Opportunities Trust is a closed ended equity mutual fund launched by BlackRock, Inc The fund is managed by BlackRock Advisors, LLC. It invests in public equity markets across the globe. The fund seeks to invest in stocks of companies operating in the utilities and infrastructure sectors.
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