AdvisorNet Financial Inc acquired a new stake in BlackRock Utility Infra (NYSE:BUI) in the 1st quarter, HoldingsChannel.com reports. The firm acquired 34,350 shares of the real estate investment trust’s stock, valued at approximately $680,000.

A number of other large investors have also recently bought and sold shares of the business. Ladenburg Thalmann Financial Services Inc. increased its stake in BlackRock Utility Infra by 225.5% in the 4th quarter. Ladenburg Thalmann Financial Services Inc. now owns 77,891 shares of the real estate investment trust’s stock valued at $1,684,000 after buying an additional 53,964 shares during the last quarter. LPL Financial LLC increased its stake in BlackRock Utility Infra by 7.1% in the 4th quarter. LPL Financial LLC now owns 68,780 shares of the real estate investment trust’s stock valued at $1,487,000 after buying an additional 4,583 shares during the last quarter. Doliver Capital Advisors LP purchased a new stake in BlackRock Utility Infra in the 1st quarter valued at about $596,000. Raymond James Financial Services Advisors Inc. increased its stake in BlackRock Utility Infra by 11.5% in the 4th quarter. Raymond James Financial Services Advisors Inc. now owns 27,284 shares of the real estate investment trust’s stock valued at $590,000 after buying an additional 2,812 shares during the last quarter. Finally, BlackRock Inc. purchased a new stake in BlackRock Utility Infra in the 4th quarter valued at about $378,000.

NYSE:BUI opened at $19.79 on Thursday. BlackRock Utility Infra has a 52 week low of $19.73 and a 52 week high of $19.75.

The company also recently disclosed a monthly dividend, which will be paid on Thursday, May 31st. Shareholders of record on Tuesday, May 15th will be paid a $0.121 dividend. The ex-dividend date is Monday, May 14th. This represents a $1.45 annualized dividend and a yield of 7.34%.

BlackRock Utility Infra Profile

Blackrock Utilities, Infrastructure, & Power Opportunities Trust is a closed-end management investment company. The Trust’s investment objective is to provide total return through a combination of current income, current gains and long-term capital appreciation. It seeks to achieve its investment objective by investing primarily in equity securities issued by companies that are engaged in the Utilities and Infrastructure business segments in the world and by utilizing an option writing (selling) strategy in an effort to enhance current gains.

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Institutional Ownership by Quarter for BlackRock Utility Infra (NYSE:BUI)

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