BlackRock Utilities, Infrastructure & Power Opportunities Trust (NYSE:BUI) Shares Sold by Everstar Asset Management LLC

Everstar Asset Management LLC lowered its holdings in BlackRock Utilities, Infrastructure & Power Opportunities Trust (NYSE:BUI) by 1.5% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 39,015 shares of the real estate investment trust’s stock after selling 600 shares during the period. Everstar Asset Management LLC’s holdings in BlackRock Utilities, Infrastructure & Power Opportunities Trust were worth $914,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Stifel Financial Corp grew its position 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 worth $1,166,000 after buying an additional 12,571 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 4th 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 last quarter. PNC Financial Services Group Inc. raised its position in shares of BlackRock Utilities, Infrastructure & Power Opportunities Trust by 8.4% during the fourth quarter. PNC Financial Services Group Inc. now owns 9,859 shares of the real estate investment trust’s stock worth $231,000 after purchasing an additional 761 shares during the period. SeaCrest Wealth Management LLC lifted its holdings in shares of BlackRock Utilities, Infrastructure & Power Opportunities Trust by 6.9% during the fourth quarter. SeaCrest Wealth Management LLC now owns 9,374 shares of the real estate investment trust’s stock valued at $220,000 after purchasing an additional 603 shares during the last quarter. Finally, Raymond James Financial Inc. acquired a new position in shares of BlackRock Utilities, Infrastructure & Power Opportunities Trust in the 4th quarter valued at $5,473,000.

BlackRock Utilities, Infrastructure & Power Opportunities Trust Price Performance

Shares of BUI opened at $22.53 on Monday. BlackRock Utilities, Infrastructure & Power Opportunities Trust has a 1-year low of $20.11 and a 1-year high of $24.94. The business’s 50-day moving average price is $22.94 and its 200 day moving average price is $23.32.

BlackRock Utilities, Infrastructure & Power Opportunities Trust Dividend Announcement

The company also recently declared a monthly dividend, which will be paid on Monday, March 31st. Investors of record on Friday, March 14th will be given a $0.136 dividend. The ex-dividend date of this dividend is Friday, March 14th. This represents a $1.63 annualized dividend and a dividend yield of 7.24%.

About BlackRock Utilities, Infrastructure & Power Opportunities Trust

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.