BlackRock Utilities, Infrastructure & Power Opportunities Trust (NYSE:BUI) Share Price Crosses Below 200-Day Moving Average – What’s Next?

BlackRock Utilities, Infrastructure & Power Opportunities Trust (NYSE:BUI)’s stock price passed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $23.21 and traded as low as $22.86. BlackRock Utilities, Infrastructure & Power Opportunities Trust shares last traded at $23.05, with a volume of 197,521 shares trading hands.

BlackRock Utilities, Infrastructure & Power Opportunities Trust Stock Up 0.7 %

The company has a 50 day moving average price of $23.37 and a 200 day moving average price of $23.22.

BlackRock Utilities, Infrastructure & Power Opportunities Trust Announces Dividend

The business also recently announced a dividend, which will be paid on Friday, January 31st. Shareholders of record on Wednesday, January 15th will be given a $0.136 dividend. The ex-dividend date is Wednesday, January 15th.

Institutional Investors Weigh In On BlackRock Utilities, Infrastructure & Power Opportunities Trust

A number of institutional investors have recently made changes to their positions in the stock. Cornerstone Advisors LLC grew its stake in shares of BlackRock Utilities, Infrastructure & Power Opportunities Trust by 12.4% in the second 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 in the last quarter. Commonwealth Equity Services LLC grew its position in shares of BlackRock Utilities, Infrastructure & Power Opportunities Trust by 1.4% during the second quarter. Commonwealth Equity Services LLC now owns 65,197 shares of the real estate investment trust’s stock worth $1,444,000 after buying an additional 923 shares in the last quarter. Prairie Wealth Advisors Inc. increased its stake in shares of BlackRock Utilities, Infrastructure & Power Opportunities Trust by 1.9% during the second quarter. Prairie Wealth Advisors Inc. now owns 52,343 shares of the real estate investment trust’s stock worth $1,159,000 after buying an additional 983 shares during the period. Stifel Financial Corp raised its holdings in BlackRock Utilities, Infrastructure & Power Opportunities Trust by 36.6% in the third quarter. Stifel Financial Corp now owns 46,952 shares of the real estate investment trust’s stock valued at $1,166,000 after acquiring an additional 12,571 shares in the last quarter. Finally, Wealth Enhancement Advisory Services LLC lifted its stake in BlackRock Utilities, Infrastructure & Power Opportunities Trust by 65.1% in the third quarter. Wealth Enhancement Advisory Services LLC now owns 44,410 shares of the real estate investment trust’s stock worth $1,103,000 after acquiring an additional 17,510 shares during the last quarter.

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.