Stifel Financial Corp Boosts Holdings in BlackRock Utilities, Infrastructure & Power Opportunities Trust (NYSE:BUI)

Stifel Financial Corp raised its stake in shares of BlackRock Utilities, Infrastructure & Power Opportunities Trust (NYSE:BUI) by 36.6% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 46,952 shares of the real estate investment trust’s stock after buying an additional 12,571 shares during the quarter. Stifel Financial Corp’s holdings in BlackRock Utilities, Infrastructure & Power Opportunities Trust were worth $1,166,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds have also recently modified their holdings of the company. Consolidated Portfolio Review Corp boosted its position in shares of BlackRock Utilities, Infrastructure & Power Opportunities Trust by 254.8% during the second quarter. Consolidated Portfolio Review Corp now owns 42,846 shares of the real estate investment trust’s stock worth $949,000 after acquiring an additional 30,771 shares during the last quarter. Cornerstone Advisors LLC lifted its stake in BlackRock Utilities, Infrastructure & Power Opportunities Trust by 12.4% in the 2nd quarter. Cornerstone Advisors LLC now owns 274,130 shares of the real estate investment trust’s stock worth $6,072,000 after purchasing an additional 30,276 shares in the last quarter. Wealth Enhancement Advisory Services LLC boosted its holdings in shares of BlackRock Utilities, Infrastructure & Power Opportunities Trust by 65.1% during the 3rd quarter. Wealth Enhancement Advisory Services LLC now owns 44,410 shares of the real estate investment trust’s stock valued at $1,103,000 after purchasing an additional 17,510 shares during the last quarter. Hennion & Walsh Asset Management Inc. purchased a new position in shares of BlackRock Utilities, Infrastructure & Power Opportunities Trust during the third quarter valued at about $377,000. Finally, SeaCrest Wealth Management LLC bought a new stake in shares of BlackRock Utilities, Infrastructure & Power Opportunities Trust in the third quarter worth about $218,000.

BlackRock Utilities, Infrastructure & Power Opportunities Trust Trading Up 2.1 %

NYSE:BUI opened at $22.58 on Monday. The business’s 50-day moving average is $23.48 and its 200 day moving average is $23.17. BlackRock Utilities, Infrastructure & Power Opportunities Trust has a 12 month low of $20.11 and a 12 month high of $24.94.

BlackRock Utilities, Infrastructure & Power Opportunities Trust Dividend Announcement

The company also recently disclosed a monthly dividend, which will be paid on Monday, December 23rd. Stockholders of record on Monday, December 16th will be issued a dividend of $0.136 per share. The ex-dividend date of this dividend is Monday, December 16th. This represents a $1.63 annualized dividend and a dividend yield of 7.23%.

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.