Ameriprise Financial Inc. Has $9.58 Million Stock Holdings in BlackRock Utilities, Infrastructure & Power Opportunities Trust (NYSE:BUI)

Ameriprise Financial Inc. lifted its position in shares of BlackRock Utilities, Infrastructure & Power Opportunities Trust (NYSE:BUI) by 4.9% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 409,909 shares of the real estate investment trust’s stock after purchasing an additional 19,078 shares during the quarter. Ameriprise Financial Inc.’s holdings in BlackRock Utilities, Infrastructure & Power Opportunities Trust were worth $9,580,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors also recently modified their holdings of the company. Janney Montgomery Scott LLC boosted its holdings in BlackRock Utilities, Infrastructure & Power Opportunities Trust by 15.2% during the fourth 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. Wells Fargo & Company MN boosted its holdings in BlackRock Utilities, Infrastructure & Power Opportunities Trust by 57.8% during the fourth quarter. Wells Fargo & Company MN now owns 76,415 shares of the real estate investment trust’s stock valued at $1,790,000 after purchasing an additional 27,979 shares in the last quarter. PNC Financial Services Group Inc. boosted its holdings in BlackRock Utilities, Infrastructure & Power Opportunities Trust by 8.4% during the fourth quarter. PNC Financial Services Group Inc. now owns 9,859 shares of the real estate investment trust’s stock valued at $231,000 after purchasing an additional 761 shares in the last quarter. Raymond James Financial Inc. acquired a new stake in BlackRock Utilities, Infrastructure & Power Opportunities Trust in the 4th quarter valued at $5,473,000. Finally, NFP Retirement Inc. boosted its stake in BlackRock Utilities, Infrastructure & Power Opportunities Trust by 1.8% in the 4th quarter. NFP Retirement Inc. now owns 108,239 shares of the real estate investment trust’s stock valued at $2,536,000 after buying an additional 1,869 shares in the last quarter.

BlackRock Utilities, Infrastructure & Power Opportunities Trust Stock Up 0.0%

Shares of BUI stock opened at $24.35 on Wednesday. The stock’s fifty day simple moving average is $22.84 and its 200 day simple moving average is $23.07. BlackRock Utilities, Infrastructure & Power Opportunities Trust has a one year low of $20.27 and a one year high of $24.94.

BlackRock Utilities, Infrastructure & Power Opportunities Trust Announces Dividend

The company also recently declared a monthly dividend, which will be paid on Friday, May 30th. Shareholders of record on Thursday, May 15th will be given a $0.136 dividend. The ex-dividend date is Thursday, May 15th. This represents a $1.63 dividend on an annualized basis and a yield of 6.70%.

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.