D.A. Davidson & CO. Cuts Holdings in BlackRock Utilities, Infrastructure & Power Opportunities Trust $BUI

D.A. Davidson & CO. lowered its stake in BlackRock Utilities, Infrastructure & Power Opportunities Trust (NYSE:BUI) by 5.5% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 13,876 shares of the real estate investment trust’s stock after selling 808 shares during the period. D.A. Davidson & CO.’s holdings in BlackRock Utilities, Infrastructure & Power Opportunities Trust were worth $357,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. Raymond James Financial Inc. grew its position in BlackRock Utilities, Infrastructure & Power Opportunities Trust by 35.4% in 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 acquiring an additional 82,672 shares in the last quarter. NFP Retirement Inc. grew its position in BlackRock Utilities, Infrastructure & Power Opportunities Trust by 2.2% in the first quarter. NFP Retirement Inc. now owns 110,609 shares of the real estate investment trust’s stock worth $2,503,000 after acquiring an additional 2,370 shares in the last quarter. Royal Bank of Canada grew its position in BlackRock Utilities, Infrastructure & Power Opportunities Trust by 5.6% in the first quarter. Royal Bank of Canada now owns 75,422 shares of the real estate investment trust’s stock worth $1,706,000 after acquiring an additional 3,980 shares in the last quarter. LPL Financial LLC grew its position in BlackRock Utilities, Infrastructure & Power Opportunities Trust by 29.3% in the first quarter. LPL Financial LLC now owns 58,850 shares of the real estate investment trust’s stock worth $1,332,000 after acquiring an additional 13,352 shares in the last quarter. Finally, Smith Asset Management Co. LLC purchased a new position in BlackRock Utilities, Infrastructure & Power Opportunities Trust in the first quarter worth about $1,143,000.

BlackRock Utilities, Infrastructure & Power Opportunities Trust Trading Up 0.3%

Shares of NYSE BUI opened at $26.56 on Friday. BlackRock Utilities, Infrastructure & Power Opportunities Trust has a fifty-two week low of $20.27 and a fifty-two week high of $27.59. The business’s 50 day moving average price is $26.64 and its 200-day moving average price is $25.52.

BlackRock Utilities, Infrastructure & Power Opportunities Trust Announces Dividend

The firm also recently disclosed a monthly dividend, which will be paid on Friday, October 31st. Investors of record on Wednesday, October 15th will be issued a dividend of $0.136 per share. The ex-dividend date is Wednesday, October 15th. This represents a c) dividend on an annualized basis and a yield of 6.1%.

About BlackRock Utilities, Infrastructure & Power Opportunities Trust

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.