Wealth Enhancement Advisory Services LLC Has $1.08 Million Stake in BlackRock Utilities, Infrastructure & Power Opportunities Trust (NYSE:BUI)

Wealth Enhancement Advisory Services LLC lifted its position in shares of BlackRock Utilities, Infrastructure & Power Opportunities Trust (NYSE:BUI) by 4.1% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 46,210 shares of the real estate investment trust’s stock after buying an additional 1,800 shares during the quarter. Wealth Enhancement Advisory Services LLC’s holdings in BlackRock Utilities, Infrastructure & Power Opportunities Trust were worth $1,083,000 at the end of the most recent reporting period.

Other hedge funds have also bought and sold shares of the company. Liberty Square Wealth Partners LLC acquired a new stake in BlackRock Utilities, Infrastructure & Power Opportunities Trust during the 4th quarter worth about $262,000. Cetera Investment Advisers boosted its position in shares of BlackRock Utilities, Infrastructure & Power Opportunities Trust by 8.2% during the 4th quarter. Cetera Investment Advisers now owns 25,775 shares of the real estate investment trust’s stock valued at $604,000 after purchasing an additional 1,962 shares in the last quarter. Baird Financial Group Inc. grew its stake in BlackRock Utilities, Infrastructure & Power Opportunities Trust by 3.1% during the fourth quarter. Baird Financial Group Inc. now owns 19,361 shares of the real estate investment trust’s stock worth $454,000 after purchasing an additional 574 shares during the period. Bank of America Corp DE increased its holdings in BlackRock Utilities, Infrastructure & Power Opportunities Trust by 9.4% in the fourth quarter. Bank of America Corp DE now owns 435,893 shares of the real estate investment trust’s stock worth $10,213,000 after purchasing an additional 37,284 shares in the last quarter. Finally, Ameriprise Financial Inc. lifted its stake in BlackRock Utilities, Infrastructure & Power Opportunities Trust by 4.9% in the fourth quarter. Ameriprise Financial Inc. now owns 409,909 shares of the real estate investment trust’s stock valued at $9,580,000 after buying an additional 19,078 shares during the period.

BlackRock Utilities, Infrastructure & Power Opportunities Trust Stock Up 1.0%

Shares of BUI stock opened at $24.48 on Monday. The firm has a 50 day moving average of $23.19 and a 200-day moving average of $23.15. BlackRock Utilities, Infrastructure & Power Opportunities Trust has a 52 week low of $20.27 and a 52 week high of $24.94.

BlackRock Utilities, Infrastructure & Power Opportunities Trust Announces Dividend

The business also recently announced a monthly dividend, which will be paid on Monday, June 30th. Investors of record on Friday, June 13th will be paid a dividend of $0.136 per share. This represents a $1.63 annualized dividend and a yield of 6.67%. The ex-dividend date of this dividend is Friday, June 13th.

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.