First Horizon Advisors Inc. Makes New $65,000 Investment in BlackRock Utilities, Infrastructure & Power Opportunities Trust (NYSE:BUI)

First Horizon Advisors Inc. acquired a new stake in BlackRock Utilities, Infrastructure & Power Opportunities Trust (NYSE:BUI) during the fourth quarter, Holdings Channel.com reports. The firm acquired 3,000 shares of the real estate investment trust’s stock, valued at approximately $65,000.

Several other institutional investors have also modified their holdings of the company. HBC Financial Services PLLC raised its stake in BlackRock Utilities, Infrastructure & Power Opportunities Trust by 65.8% in the fourth quarter. HBC Financial Services PLLC now owns 6,300 shares of the real estate investment trust’s stock valued at $137,000 after buying an additional 2,500 shares in the last quarter. NBC Securities Inc. purchased a new position in shares of BlackRock Utilities, Infrastructure & Power Opportunities Trust in the 3rd quarter valued at about $165,000. PNC Financial Services Group Inc. raised its position in shares of BlackRock Utilities, Infrastructure & Power Opportunities Trust by 5.4% during the 3rd quarter. PNC Financial Services Group Inc. now owns 10,198 shares of the real estate investment trust’s stock worth $202,000 after acquiring an additional 522 shares in the last quarter. SeaCrest Wealth Management LLC purchased a new stake in BlackRock Utilities, Infrastructure & Power Opportunities Trust during the fourth quarter worth approximately $210,000. Finally, Cornerstone Advisors LLC lifted its stake in BlackRock Utilities, Infrastructure & Power Opportunities Trust by 64.2% during the third quarter. Cornerstone Advisors LLC now owns 51,731 shares of the real estate investment trust’s stock worth $1,026,000 after purchasing an additional 20,224 shares during the last quarter.

BlackRock Utilities, Infrastructure & Power Opportunities Trust Trading Up 0.6 %

Shares of BlackRock Utilities, Infrastructure & Power Opportunities Trust stock opened at $22.21 on Wednesday. BlackRock Utilities, Infrastructure & Power Opportunities Trust has a 52 week low of $18.73 and a 52 week high of $23.48. The firm’s 50 day moving average is $21.16 and its two-hundred day moving average is $20.88.

BlackRock Utilities, Infrastructure & Power Opportunities Trust Dividend Announcement

The business also recently announced a monthly dividend, which will be paid on Friday, May 31st. Investors of record on Wednesday, May 15th will be given a $0.121 dividend. This represents a $1.45 dividend on an annualized basis and a dividend yield of 6.54%. The ex-dividend date is Tuesday, May 14th.

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.