BlackRock Utilities, Infrastructure & Power Opportunities Trust (NYSE:BUI) Shares Sold by Comerica Bank

Comerica Bank lessened its position in shares of BlackRock Utilities, Infrastructure & Power Opportunities Trust (NYSE:BUI) by 32.6% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 4,675 shares of the real estate investment trust’s stock after selling 2,266 shares during the quarter. Comerica Bank’s holdings in BlackRock Utilities, Infrastructure & Power Opportunities Trust were worth $110,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also made changes to their positions in the company. SeaCrest Wealth Management LLC grew its holdings in BlackRock Utilities, Infrastructure & Power Opportunities Trust by 6.9% in the 4th quarter. SeaCrest Wealth Management LLC now owns 9,374 shares of the real estate investment trust’s stock valued at $220,000 after buying an additional 603 shares during the period. Hennion & Walsh Asset Management Inc. raised its position in shares of BlackRock Utilities, Infrastructure & Power Opportunities Trust by 216.6% in the 4th quarter. Hennion & Walsh Asset Management Inc. now owns 48,017 shares of the real estate investment trust’s stock valued at $1,125,000 after purchasing an additional 32,852 shares in the last quarter. Janney Montgomery Scott LLC raised its position in shares of BlackRock Utilities, Infrastructure & Power Opportunities Trust by 15.2% in the 4th quarter. Janney Montgomery Scott LLC now owns 12,898 shares of the real estate investment trust’s stock valued at $302,000 after purchasing an additional 1,700 shares in the last quarter. Prairie Wealth Advisors Inc. raised its position in shares of BlackRock Utilities, Infrastructure & Power Opportunities Trust by 12.5% in the 4th quarter. Prairie Wealth Advisors Inc. now owns 65,048 shares of the real estate investment trust’s stock valued at $1,524,000 after purchasing an additional 7,205 shares in the last quarter. Finally, Sage Investment Counsel LLC bought a new stake in shares of BlackRock Utilities, Infrastructure & Power Opportunities Trust in the 4th quarter valued at approximately $227,000.

BlackRock Utilities, Infrastructure & Power Opportunities Trust Stock Performance

Shares of BUI opened at $24.39 on Monday. BlackRock Utilities, Infrastructure & Power Opportunities Trust has a 12 month low of $20.27 and a 12 month high of $24.94. The stock has a fifty day moving average price of $22.78 and a 200 day moving average price of $23.05.

BlackRock Utilities, Infrastructure & Power Opportunities Trust Dividend Announcement

The firm also recently declared a monthly dividend, which will be paid on Friday, May 30th. Stockholders of record on Thursday, May 15th will be paid a $0.136 dividend. The ex-dividend date is Thursday, May 15th. This represents a $1.63 annualized dividend and a dividend yield of 6.69%.

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.