Mid Atlantic Financial Management Inc. ADV lessened its stake in shares of Blackrock Utlts Infra&Pwr Oprtnt Trst (NYSE:BUI) by 11.7% during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 11,208 shares of the real estate investment trust’s stock after selling 1,486 shares during the period. Mid Atlantic Financial Management Inc. ADV’s holdings in Blackrock Utlts Infra&Pwr Oprtnt Trst were worth $238,000 at the end of the most recent reporting period.
A number of other large investors also recently added to or reduced their stakes in BUI. Advisor Group Holdings Inc. purchased a new stake in Blackrock Utlts Infra&Pwr Oprtnt Trst during the 1st quarter worth approximately $549,000. Morgan Stanley grew its position in Blackrock Utlts Infra&Pwr Oprtnt Trst by 15.8% during the 1st quarter. Morgan Stanley now owns 568,281 shares of the real estate investment trust’s stock worth $9,672,000 after purchasing an additional 77,717 shares during the last quarter. UBS Group AG grew its position in Blackrock Utlts Infra&Pwr Oprtnt Trst by 30.6% during the 1st quarter. UBS Group AG now owns 111,427 shares of the real estate investment trust’s stock worth $1,896,000 after purchasing an additional 26,100 shares during the last quarter. Bank of New York Mellon Corp purchased a new stake in Blackrock Utlts Infra&Pwr Oprtnt Trst during the 4th quarter worth approximately $223,000. Finally, Raymond James Financial Services Advisors Inc. grew its position in Blackrock Utlts Infra&Pwr Oprtnt Trst by 40.7% during the 2nd quarter. Raymond James Financial Services Advisors Inc. now owns 28,041 shares of the real estate investment trust’s stock worth $596,000 after purchasing an additional 8,107 shares during the last quarter.
NYSE:BUI opened at $22.07 on Wednesday. Blackrock Utlts Infra&Pwr Oprtnt Trst has a twelve month low of $12.35 and a twelve month high of $24.50. The company’s 50 day moving average is $21.39 and its two-hundred day moving average is $20.19.
The firm also recently disclosed a monthly dividend, which will be paid on Monday, August 31st. Stockholders of record on Friday, August 14th will be issued a $0.121 dividend. This represents a $1.45 annualized dividend and a dividend yield of 6.58%. The ex-dividend date is Thursday, August 13th.
Blackrock Utlts Infra&Pwr Oprtnt Trst 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.
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