5,177 Shares in Brookfield Infrastructure Co. (NASDAQ:BIPC) Bought by Compass Ion Advisors LLC

Compass Ion Advisors LLC acquired a new stake in shares of Brookfield Infrastructure Co. (NASDAQ:BIPC) in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 5,177 shares of the company’s stock, valued at approximately $225,000.

Several other institutional investors and hedge funds have also added to or reduced their stakes in BIPC. Harbor Capital Advisors Inc. increased its stake in shares of Brookfield Infrastructure by 292.5% in the 2nd quarter. Harbor Capital Advisors Inc. now owns 21,647 shares of the company’s stock worth $729,000 after acquiring an additional 16,132 shares in the last quarter. Toronto Dominion Bank increased its stake in shares of Brookfield Infrastructure by 32.0% during the second quarter. Toronto Dominion Bank now owns 149,219 shares of the company’s stock valued at $5,023,000 after purchasing an additional 36,183 shares in the last quarter. Avantax Advisory Services Inc. purchased a new position in shares of Brookfield Infrastructure during the first quarter valued at approximately $996,000. Vanguard Group Inc. boosted its position in shares of Brookfield Infrastructure by 2.0% in the 4th quarter. Vanguard Group Inc. now owns 4,987,918 shares of the company’s stock worth $175,974,000 after purchasing an additional 99,582 shares in the last quarter. Finally, Bank of Montreal Can boosted its position in shares of Brookfield Infrastructure by 3.9% in the 2nd quarter. Bank of Montreal Can now owns 4,527,120 shares of the company’s stock worth $153,880,000 after purchasing an additional 169,892 shares in the last quarter. Hedge funds and other institutional investors own 70.38% of the company’s stock.

Brookfield Infrastructure Stock Down 0.2 %

BIPC stock opened at $43.63 on Monday. The business has a 50 day moving average of $41.00 and a 200 day moving average of $36.73. The firm has a market cap of $5.76 billion, a PE ratio of 30.30 and a beta of 1.44. Brookfield Infrastructure Co. has a twelve month low of $25.48 and a twelve month high of $44.03.

Brookfield Infrastructure Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, September 27th. Stockholders of record on Friday, August 30th were issued a dividend of $0.405 per share. The ex-dividend date was Friday, August 30th. This represents a $1.62 annualized dividend and a dividend yield of 3.71%. Brookfield Infrastructure’s payout ratio is presently 112.50%.

Brookfield Infrastructure Profile

Brookfield Infrastructure Corporation, together with its subsidiaries, owns and operates regulated natural gas transmission systems in Brazil. The company also engages in the regulated gas and electricity distribution operations in the United Kingdom; and electricity transmission and distribution, as well as gas distribution in Australia.