Sigma Planning Corp Cuts Holdings in BlackRock Utilities, Infrastructure & Power Opportunities Trust (NYSE:BUI)

Sigma Planning Corp lowered its stake in BlackRock Utilities, Infrastructure & Power Opportunities Trust (NYSE:BUI) by 10.1% during the third quarter, Holdings Channel.com reports. The firm owned 9,100 shares of the real estate investment trust’s stock after selling 1,020 shares during the quarter. Sigma Planning Corp’s holdings in BlackRock Utilities, Infrastructure & Power Opportunities Trust were worth $226,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also made changes to their positions in BUI. Consolidated Portfolio Review Corp increased its holdings in BlackRock Utilities, Infrastructure & Power Opportunities Trust by 1.0% in the third quarter. Consolidated Portfolio Review Corp now owns 43,279 shares of the real estate investment trust’s stock valued at $1,075,000 after buying an additional 433 shares during the last quarter. Register Financial Advisors LLC increased its holdings in shares of BlackRock Utilities, Infrastructure & Power Opportunities Trust by 13.9% in the 2nd quarter. Register Financial Advisors LLC now owns 4,100 shares of the real estate investment trust’s stock valued at $91,000 after acquiring an additional 500 shares during the last quarter. Commonwealth Equity Services LLC increased its holdings in shares of BlackRock Utilities, Infrastructure & Power Opportunities Trust by 1.4% in the 2nd quarter. Commonwealth Equity Services LLC now owns 65,197 shares of the real estate investment trust’s stock valued at $1,444,000 after acquiring an additional 923 shares during the last quarter. Prairie Wealth Advisors Inc. raised its position in shares of BlackRock Utilities, Infrastructure & Power Opportunities Trust by 1.9% during the 2nd quarter. Prairie Wealth Advisors Inc. now owns 52,343 shares of the real estate investment trust’s stock worth $1,159,000 after acquiring an additional 983 shares in the last quarter. Finally, Janney Montgomery Scott LLC lifted its stake in BlackRock Utilities, Infrastructure & Power Opportunities Trust by 9.7% during the first quarter. Janney Montgomery Scott LLC now owns 11,298 shares of the real estate investment trust’s stock worth $244,000 after purchasing an additional 1,000 shares during the last quarter.

BlackRock Utilities, Infrastructure & Power Opportunities Trust Stock Down 0.2 %

Shares of BUI opened at $23.19 on Monday. BlackRock Utilities, Infrastructure & Power Opportunities Trust has a 52-week low of $19.55 and a 52-week high of $24.94. The stock has a 50 day moving average price of $23.69 and a 200 day moving average price of $22.97.

BlackRock Utilities, Infrastructure & Power Opportunities Trust Announces Dividend

The business also recently announced a monthly dividend, which will be paid on Friday, November 29th. Stockholders of record on Friday, November 15th will be issued a $0.121 dividend. This represents a $1.45 annualized dividend and a dividend yield of 6.26%. The ex-dividend date of this dividend is Friday, November 15th.

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.