FourThought Financial Partners LLC Has $1.77 Million Stake in BlackRock Utilities, Infrastructure & Power Opportunities Trust (NYSE:BUI)

FourThought Financial Partners LLC boosted its holdings in shares of BlackRock Utilities, Infrastructure & Power Opportunities Trust (NYSE:BUI) by 0.9% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 81,085 shares of the real estate investment trust’s stock after buying an additional 730 shares during the period. FourThought Financial Partners LLC’s holdings in BlackRock Utilities, Infrastructure & Power Opportunities Trust were worth $1,769,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. First Horizon Advisors Inc. bought a new stake in shares of BlackRock Utilities, Infrastructure & Power Opportunities Trust in the 4th quarter valued at approximately $65,000. HBC Financial Services PLLC grew its position in BlackRock Utilities, Infrastructure & Power Opportunities Trust by 65.8% in the fourth quarter. HBC Financial Services PLLC now owns 6,300 shares of the real estate investment trust’s stock valued at $137,000 after acquiring an additional 2,500 shares during the period. NBC Securities Inc. bought a new position in shares of BlackRock Utilities, Infrastructure & Power Opportunities Trust during the third quarter valued at $165,000. SeaCrest Wealth Management LLC acquired a new stake in shares of BlackRock Utilities, Infrastructure & Power Opportunities Trust in the 4th quarter valued at $210,000. Finally, PNC Financial Services Group Inc. boosted its stake in shares of BlackRock Utilities, Infrastructure & Power Opportunities Trust by 5.4% in the 3rd quarter. PNC Financial Services Group Inc. now owns 10,198 shares of the real estate investment trust’s stock valued at $202,000 after purchasing an additional 522 shares in the last quarter.

BlackRock Utilities, Infrastructure & Power Opportunities Trust Trading Up 0.6 %

BUI stock traded up $0.12 during trading on Friday, hitting $21.79. 39,230 shares of the stock traded hands, compared to its average volume of 61,618. BlackRock Utilities, Infrastructure & Power Opportunities Trust has a one year low of $18.73 and a one year high of $23.50. The company has a 50 day simple moving average of $21.10 and a 200 day simple moving average of $20.84.

BlackRock Utilities, Infrastructure & Power Opportunities Trust Announces Dividend

The company also recently announced a monthly dividend, which will be paid on Friday, May 31st. Stockholders of record on Wednesday, May 15th will be paid a $0.121 dividend. This represents a $1.45 dividend on an annualized basis and a dividend yield of 6.66%. The ex-dividend date is Tuesday, May 14th.

About BlackRock Utilities, Infrastructure & Power Opportunities Trust

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.