D.A. Davidson & CO. Has $451,000 Stock Holdings in BlackRock Utilities, Infrastructure & Power Opportunities Trust (NYSE:BUI)

D.A. Davidson & CO. reduced its holdings in shares of BlackRock Utilities, Infrastructure & Power Opportunities Trust (NYSE:BUI) by 20.9% during the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 18,156 shares of the real estate investment trust’s stock after selling 4,805 shares during the period. D.A. Davidson & CO.’s holdings in BlackRock Utilities, Infrastructure & Power Opportunities Trust were worth $451,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in BUI. Consolidated Portfolio Review Corp boosted its holdings in BlackRock Utilities, Infrastructure & Power Opportunities Trust by 254.8% during the second quarter. Consolidated Portfolio Review Corp now owns 42,846 shares of the real estate investment trust’s stock valued at $949,000 after purchasing an additional 30,771 shares in the last quarter. Cornerstone Advisors LLC boosted its stake in BlackRock Utilities, Infrastructure & Power Opportunities Trust by 12.4% in 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 in the last quarter. Wealth Enhancement Advisory Services LLC grew its position 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 valued at $1,103,000 after acquiring an additional 17,510 shares during the period. Hennion & Walsh Asset Management Inc. acquired a new position in BlackRock Utilities, Infrastructure & Power Opportunities Trust during the third quarter worth $377,000. Finally, M3 Advisory Group LLC bought a new position in shares of BlackRock Utilities, Infrastructure & Power Opportunities Trust during the second quarter valued at $201,000.

BlackRock Utilities, Infrastructure & Power Opportunities Trust Stock Down 0.5 %

BUI opened at $23.78 on Wednesday. The firm’s 50-day simple moving average is $23.66 and its 200-day simple moving average is $23.08. BlackRock Utilities, Infrastructure & Power Opportunities Trust has a twelve month low of $20.11 and a twelve month high of $24.94.

BlackRock Utilities, Infrastructure & Power Opportunities Trust Dividend Announcement

The company also recently disclosed a monthly dividend, which will be paid on Monday, December 23rd. Shareholders of record on Monday, December 16th will be paid a dividend of $0.136 per share. The ex-dividend date of this dividend is Monday, December 16th. This represents a $1.63 annualized dividend and a yield of 6.86%.

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.