Dakota Wealth Management Sells 2,675 Shares of BlackRock Utilities, Infrastructure & Power Opportunities Trust (NYSE:BUI)

Dakota Wealth Management reduced its position in BlackRock Utilities, Infrastructure & Power Opportunities Trust (NYSE:BUI) by 3.4% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 74,980 shares of the real estate investment trust’s stock after selling 2,675 shares during the quarter. Dakota Wealth Management’s holdings in BlackRock Utilities, Infrastructure & Power Opportunities Trust were worth $1,757,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Larson Financial Group LLC lifted its position in BlackRock Utilities, Infrastructure & Power Opportunities Trust by 204.8% in the third quarter. Larson Financial Group LLC now owns 4,167 shares of the real estate investment trust’s stock worth $103,000 after purchasing an additional 2,800 shares during the period. SeaCrest Wealth Management LLC bought a new position in BlackRock Utilities, Infrastructure & Power Opportunities Trust in the third quarter worth $218,000. Thurston Springer Miller Herd & Titak Inc. lifted its position in BlackRock Utilities, Infrastructure & Power Opportunities Trust by 1,494.8% in the fourth quarter. Thurston Springer Miller Herd & Titak Inc. now owns 13,795 shares of the real estate investment trust’s stock worth $323,000 after purchasing an additional 12,930 shares during the period. Hennion & Walsh Asset Management Inc. bought a new position in shares of BlackRock Utilities, Infrastructure & Power Opportunities Trust during the third quarter valued at $377,000. Finally, B. Riley Wealth Advisors Inc. lifted its holdings in shares of BlackRock Utilities, Infrastructure & Power Opportunities Trust by 4.4% during the third quarter. B. Riley Wealth Advisors Inc. now owns 15,241 shares of the real estate investment trust’s stock valued at $369,000 after acquiring an additional 639 shares during the period.

BlackRock Utilities, Infrastructure & Power Opportunities Trust Price Performance

Shares of NYSE BUI opened at $23.60 on Friday. The business has a fifty day moving average of $23.36 and a two-hundred day moving average of $23.32. BlackRock Utilities, Infrastructure & Power Opportunities Trust has a 52-week low of $20.11 and a 52-week high of $24.94.

BlackRock Utilities, Infrastructure & Power Opportunities Trust Dividend Announcement

The business also recently disclosed a monthly dividend, which will be paid on Friday, January 31st. Shareholders of record on Wednesday, January 15th will be issued a dividend of $0.136 per share. The ex-dividend date is Wednesday, January 15th. This represents a $1.63 dividend on an annualized basis and a dividend yield of 6.92%.

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.