First Horizon Advisors Inc. Takes Position in BlackRock Utilities, Infrastructure & Power Opportunities Trust (NYSE:BUI)

First Horizon Advisors Inc. bought a new position in BlackRock Utilities, Infrastructure & Power Opportunities Trust (NYSE:BUI) in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The firm bought 3,000 shares of the real estate investment trust’s stock, valued at approximately $65,000.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. HBC Financial Services PLLC lifted its holdings in shares of 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 purchasing an additional 2,500 shares during the period. NBC Securities Inc. purchased a new stake in shares of BlackRock Utilities, Infrastructure & Power Opportunities Trust in the 3rd quarter valued at $165,000. PNC Financial Services Group Inc. increased its stake in shares of BlackRock Utilities, Infrastructure & Power Opportunities Trust by 5.4% in the third quarter. PNC Financial Services Group Inc. now owns 10,198 shares of the real estate investment trust’s stock worth $202,000 after acquiring an additional 522 shares during the period. SeaCrest Wealth Management LLC purchased a new position in shares of BlackRock Utilities, Infrastructure & Power Opportunities Trust during the fourth quarter worth $210,000. Finally, Cornerstone Advisors LLC lifted its position in BlackRock Utilities, Infrastructure & Power Opportunities Trust by 64.2% during the third quarter. Cornerstone Advisors LLC now owns 51,731 shares of the real estate investment trust’s stock valued at $1,026,000 after purchasing an additional 20,224 shares during the period.

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

NYSE:BUI opened at $22.21 on Wednesday. The firm’s fifty day moving average is $21.16 and its two-hundred day moving average is $20.88. BlackRock Utilities, Infrastructure & Power Opportunities Trust has a one year low of $18.73 and a one year high of $23.48.

BlackRock Utilities, Infrastructure & Power Opportunities Trust Announces Dividend

The business also recently announced a monthly dividend, which will be paid on Friday, May 31st. Investors of record on Wednesday, May 15th will be issued a dividend of $0.121 per share. This represents a $1.45 annualized dividend and a yield of 6.54%. The ex-dividend date of this dividend is Tuesday, May 14th.

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.