Prairie Wealth Advisors Inc. Buys 7,205 Shares of BlackRock Utilities, Infrastructure & Power Opportunities Trust (NYSE:BUI)

Prairie Wealth Advisors Inc. increased its position in BlackRock Utilities, Infrastructure & Power Opportunities Trust (NYSE:BUI) by 12.5% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 65,048 shares of the real estate investment trust’s stock after buying an additional 7,205 shares during the quarter. BlackRock Utilities, Infrastructure & Power Opportunities Trust accounts for approximately 0.7% of Prairie Wealth Advisors Inc.’s holdings, making the stock its 26th biggest holding. Prairie Wealth Advisors Inc.’s holdings in BlackRock Utilities, Infrastructure & Power Opportunities Trust were worth $1,524,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently modified their holdings of BUI. Consolidated Portfolio Review Corp lifted its stake in shares of BlackRock Utilities, Infrastructure & Power Opportunities Trust by 1.0% in the 3rd quarter. Consolidated Portfolio Review Corp now owns 43,279 shares of the real estate investment trust’s stock valued at $1,075,000 after purchasing an additional 433 shares during the period. SeaCrest Wealth Management LLC boosted its holdings in shares of BlackRock Utilities, Infrastructure & Power Opportunities Trust by 6.9% during the 4th quarter. SeaCrest Wealth Management LLC now owns 9,374 shares of the real estate investment trust’s stock valued at $220,000 after acquiring an additional 603 shares during the last quarter. B. Riley Wealth Advisors Inc. boosted its holdings in BlackRock Utilities, Infrastructure & Power Opportunities Trust by 4.4% in the third quarter. B. Riley Wealth Advisors Inc. now owns 15,241 shares of the real estate investment trust’s stock worth $369,000 after purchasing an additional 639 shares during the last quarter. Janney Montgomery Scott LLC grew its holdings in shares of BlackRock Utilities, Infrastructure & Power Opportunities Trust by 15.2% in the fourth quarter. Janney Montgomery Scott LLC now owns 12,898 shares of the real estate investment trust’s stock worth $302,000 after acquiring an additional 1,700 shares during the period. Finally, Larson Financial Group LLC grew its stake in shares of BlackRock Utilities, Infrastructure & Power Opportunities Trust by 204.8% during the 3rd quarter. Larson Financial Group LLC now owns 4,167 shares of the real estate investment trust’s stock valued at $103,000 after purchasing an additional 2,800 shares during the period.

BlackRock Utilities, Infrastructure & Power Opportunities Trust Stock Down 0.1 %

Shares of BUI stock opened at $23.18 on Friday. BlackRock Utilities, Infrastructure & Power Opportunities Trust has a 12 month low of $20.11 and a 12 month high of $24.94. The company has a 50 day simple moving average of $23.32 and a two-hundred day simple moving average of $23.36.

BlackRock Utilities, Infrastructure & Power Opportunities Trust Dividend Announcement

The business also recently declared a monthly dividend, which will be paid on Friday, February 28th. Shareholders of record on Friday, February 14th will be given a $0.136 dividend. This represents a $1.63 dividend on an annualized basis and a yield of 7.04%. The ex-dividend date is Friday, February 14th.

BlackRock Utilities, Infrastructure & Power Opportunities Trust 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.