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

FourThought Financial Partners LLC raised its stake in BlackRock Utilities, Infrastructure & Power Opportunities Trust (NYSE:BUI) by 0.9% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 81,085 shares of the real estate investment trust’s stock after acquiring an additional 730 shares during the quarter. FourThought Financial Partners LLC’s holdings in BlackRock Utilities, Infrastructure & Power Opportunities Trust were worth $1,769,000 at the end of the most recent reporting period.

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

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

Shares of BUI traded up $0.12 during mid-day trading on Friday, hitting $21.79. 39,230 shares of the company’s stock were exchanged, compared to its average volume of 61,618. BlackRock Utilities, Infrastructure & Power Opportunities Trust has a 52 week low of $18.73 and a 52 week high of $23.50. The stock’s 50-day simple moving average is $21.10 and its 200-day simple moving average is $20.84.

BlackRock Utilities, Infrastructure & Power Opportunities Trust Announces Dividend

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

BlackRock Utilities, Infrastructure & Power Opportunities Trust 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.