BlackRock Utilities, Infrastructure & Power Opportunities Trust (NYSE:BUI – Get Free Report) announced a monthly dividend on Friday, January 2nd. Shareholders of record on Friday, March 13th will be given a dividend of 0.136 per share by the real estate investment trust on Tuesday, March 31st. This represents a c) dividend on an annualized basis and a yield of 5.9%. The ex-dividend date is Friday, March 13th.
BlackRock Utilities, Infrastructure & Power Opportunities Trust Trading Down 0.8%
Shares of BlackRock Utilities, Infrastructure & Power Opportunities Trust stock traded down $0.23 during trading hours on Wednesday, hitting $27.46. The company had a trading volume of 37,740 shares, compared to its average volume of 106,757. The company’s 50-day moving average is $27.82 and its two-hundred day moving average is $26.89. BlackRock Utilities, Infrastructure & Power Opportunities Trust has a twelve month low of $20.27 and a twelve month high of $30.80.
Institutional Inflows and Outflows
A number of institutional investors have recently bought and sold shares of the business. Smith Asset Management Co. LLC boosted its stake in shares of BlackRock Utilities, Infrastructure & Power Opportunities Trust by 9.1% during the fourth quarter. Smith Asset Management Co. LLC now owns 53,262 shares of the real estate investment trust’s stock worth $1,368,000 after buying an additional 4,451 shares during the period. Wealthspire Retirement LLC increased its position in BlackRock Utilities, Infrastructure & Power Opportunities Trust by 5.1% in the 4th quarter. Wealthspire Retirement LLC now owns 122,151 shares of the real estate investment trust’s stock valued at $3,138,000 after acquiring an additional 5,934 shares during the period. NewEdge Advisors LLC raised its stake in BlackRock Utilities, Infrastructure & Power Opportunities Trust by 3.2% during the 4th quarter. NewEdge Advisors LLC now owns 13,600 shares of the real estate investment trust’s stock valued at $349,000 after acquiring an additional 427 shares during the last quarter. Cetera Investment Advisers lifted its position in BlackRock Utilities, Infrastructure & Power Opportunities Trust by 8.9% during the 4th quarter. Cetera Investment Advisers now owns 25,772 shares of the real estate investment trust’s stock worth $662,000 after acquiring an additional 2,117 shares during the period. Finally, Osaic Holdings Inc. grew its stake in shares of BlackRock Utilities, Infrastructure & Power Opportunities Trust by 6.6% in the 4th quarter. Osaic Holdings Inc. now owns 86,090 shares of the real estate investment trust’s stock valued at $2,212,000 after purchasing an additional 5,341 shares during the last quarter.
About BlackRock Utilities, Infrastructure & Power Opportunities Trust
BlackRock Utilities, Infrastructure & Power Opportunities Trust (NYSE: BUI) is a closed-end management investment company that seeks to provide investors with a diversified portfolio of global utilities, infrastructure and power-related securities. Managed by BlackRock Advisors, the trust taps into BlackRock’s expansive research platform to identify companies involved in the generation, transmission and distribution of essential services such as electricity, water, transportation and renewable energy.
The trust’s primary objective is total return, emphasizing both current income and capital appreciation.
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