Register Financial Advisors LLC Makes New Investment in BlackRock Utilities, Infrastructure & Power Opportunities Trust (NYSE:BUI)

Register Financial Advisors LLC purchased a new stake in shares of BlackRock Utilities, Infrastructure & Power Opportunities Trust (NYSE:BUI) in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 3,600 shares of the real estate investment trust’s stock, valued at approximately $78,000.

Other institutional investors have also modified their holdings of the company. B. Riley Wealth Advisors Inc. lifted its position in BlackRock Utilities, Infrastructure & Power Opportunities Trust by 5.0% in the 4th quarter. B. Riley Wealth Advisors Inc. now owns 15,249 shares of the real estate investment trust’s stock valued at $333,000 after purchasing an additional 725 shares during the last quarter. D.A. Davidson & CO. grew its position in BlackRock Utilities, Infrastructure & Power Opportunities Trust by 3.5% in the 4th quarter. D.A. Davidson & CO. now owns 78,185 shares of the real estate investment trust’s stock worth $1,706,000 after purchasing an additional 2,646 shares during the last quarter. Cornerstone Advisors LLC increased its stake in shares of BlackRock Utilities, Infrastructure & Power Opportunities Trust by 287.1% in the fourth quarter. Cornerstone Advisors LLC now owns 200,251 shares of the real estate investment trust’s stock valued at $4,369,000 after purchasing an additional 148,520 shares during the period. Principal Securities Inc. bought a new stake in shares of BlackRock Utilities, Infrastructure & Power Opportunities Trust during the fourth quarter valued at approximately $2,728,000. Finally, FourThought Financial Partners LLC boosted its position in shares of BlackRock Utilities, Infrastructure & Power Opportunities Trust by 0.9% during the fourth quarter. FourThought Financial Partners LLC now owns 81,085 shares of the real estate investment trust’s stock worth $1,769,000 after buying an additional 730 shares during the period.

BlackRock Utilities, Infrastructure & Power Opportunities Trust Stock Performance

BUI stock traded down $0.16 on Friday, reaching $22.15. The company’s stock had a trading volume of 41,868 shares, compared to its average volume of 57,723. BlackRock Utilities, Infrastructure & Power Opportunities Trust has a 52 week low of $18.73 and a 52 week high of $23.48. The firm has a fifty day moving average of $22.18 and a two-hundred day moving average of $21.54.

BlackRock Utilities, Infrastructure & Power Opportunities Trust Dividend Announcement

The firm also recently declared a monthly dividend, which will be paid on Friday, June 28th. Stockholders of record on Friday, June 14th will be paid a $0.121 dividend. The ex-dividend date is Friday, June 14th. This represents a $1.45 annualized dividend and a dividend yield of 6.56%.

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.