B. Riley Wealth Advisors Inc. Increases Holdings in BlackRock Utilities, Infrastructure & Power Opportunities Trust (NYSE:BUI)

B. Riley Wealth Advisors Inc. increased its position in BlackRock Utilities, Infrastructure & Power Opportunities Trust (NYSE:BUI) by 4.4% during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 15,241 shares of the real estate investment trust’s stock after acquiring an additional 639 shares during the period. B. Riley Wealth Advisors Inc.’s holdings in BlackRock Utilities, Infrastructure & Power Opportunities Trust were worth $369,000 as of its most recent SEC filing.

Several other hedge funds have also recently bought and sold shares of BUI. Wealth Enhancement Advisory Services LLC increased its holdings in BlackRock Utilities, Infrastructure & Power Opportunities Trust by 5.8% during the 2nd quarter. Wealth Enhancement Advisory Services LLC now owns 26,900 shares of the real estate investment trust’s stock valued at $596,000 after acquiring an additional 1,475 shares in the last quarter. Commonwealth Equity Services LLC increased its stake in shares of BlackRock Utilities, Infrastructure & Power Opportunities Trust by 1.4% during the 2nd quarter. Commonwealth Equity Services LLC now owns 65,197 shares of the real estate investment trust’s stock worth $1,444,000 after purchasing an additional 923 shares in the last quarter. Consolidated Portfolio Review Corp raised its position in shares of BlackRock Utilities, Infrastructure & Power Opportunities Trust by 254.8% during the 2nd quarter. Consolidated Portfolio Review Corp now owns 42,846 shares of the real estate investment trust’s stock worth $949,000 after purchasing an additional 30,771 shares during the last quarter. Larson Financial Group LLC lifted its stake in BlackRock Utilities, Infrastructure & Power Opportunities Trust by 718.6% in the 2nd quarter. Larson Financial Group LLC now owns 1,367 shares of the real estate investment trust’s stock valued at $30,000 after buying an additional 1,200 shares in the last quarter. Finally, Cornerstone Advisors LLC grew its holdings in BlackRock Utilities, Infrastructure & Power Opportunities Trust by 12.4% during the 2nd quarter. Cornerstone Advisors LLC now owns 274,130 shares of the real estate investment trust’s stock valued at $6,072,000 after buying an additional 30,276 shares during the last quarter.

BlackRock Utilities, Infrastructure & Power Opportunities Trust Price Performance

BlackRock Utilities, Infrastructure & Power Opportunities Trust stock opened at $22.58 on Friday. BlackRock Utilities, Infrastructure & Power Opportunities Trust has a fifty-two week low of $20.11 and a fifty-two week high of $24.94. The stock has a fifty day moving average of $23.48 and a two-hundred day moving average of $23.17.

BlackRock Utilities, Infrastructure & Power Opportunities Trust Announces Dividend

The company also recently announced a monthly dividend, which will be paid on Monday, December 23rd. Investors of record on Monday, December 16th will be paid a $0.136 dividend. This represents a $1.63 annualized dividend and a yield of 7.23%. The ex-dividend date of this dividend is Monday, December 16th.

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.