Baird Financial Group Inc. Increases Stock Position in BlackRock Utilities, Infrastructure & Power Opportunities Trust $BUI

Baird Financial Group Inc. increased its position in shares of BlackRock Utilities, Infrastructure & Power Opportunities Trust (NYSE:BUI) by 36.1% during the first quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 26,348 shares of the real estate investment trust’s stock after buying an additional 6,987 shares during the period. Baird Financial Group Inc.’s holdings in BlackRock Utilities, Infrastructure & Power Opportunities Trust were worth $596,000 as of its most recent filing with the SEC.

A number of other hedge funds have also recently added to or reduced their stakes in BUI. Raymond James Financial Inc. boosted its holdings in BlackRock Utilities, Infrastructure & Power Opportunities Trust by 35.4% during the first quarter. Raymond James Financial Inc. now owns 316,269 shares of the real estate investment trust’s stock worth $7,157,000 after buying an additional 82,672 shares in the last quarter. Bank of America Corp DE lifted its holdings in BlackRock Utilities, Infrastructure & Power Opportunities Trust by 9.4% during the fourth quarter. Bank of America Corp DE now owns 435,893 shares of the real estate investment trust’s stock valued at $10,213,000 after purchasing an additional 37,284 shares in the last quarter. Hennion & Walsh Asset Management Inc. lifted its holdings in BlackRock Utilities, Infrastructure & Power Opportunities Trust by 43.5% during the first quarter. Hennion & Walsh Asset Management Inc. now owns 68,884 shares of the real estate investment trust’s stock valued at $1,559,000 after purchasing an additional 20,867 shares in the last quarter. Ameriprise Financial Inc. lifted its holdings in BlackRock Utilities, Infrastructure & Power Opportunities Trust by 4.9% during 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 purchasing an additional 19,078 shares in the last quarter. Finally, LPL Financial LLC lifted its holdings in BlackRock Utilities, Infrastructure & Power Opportunities Trust by 29.3% during the first quarter. LPL Financial LLC now owns 58,850 shares of the real estate investment trust’s stock valued at $1,332,000 after purchasing an additional 13,352 shares in the last quarter.

BlackRock Utilities, Infrastructure & Power Opportunities Trust Stock Up 1.1%

BUI opened at $27.07 on Thursday. BlackRock Utilities, Infrastructure & Power Opportunities Trust has a 52-week low of $20.27 and a 52-week high of $27.59. The firm’s fifty day simple moving average is $26.62 and its two-hundred day simple moving average is $24.49.

BlackRock Utilities, Infrastructure & Power Opportunities Trust Dividend Announcement

The business also recently disclosed a monthly dividend, which will be paid on Tuesday, September 30th. Shareholders of record on Monday, September 15th will be issued a dividend of $0.136 per share. This represents a c) annualized dividend and a yield of 6.0%. The ex-dividend date of this dividend is Monday, September 15th.

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.