22,637 Shares in BlackRock Utilities, Infrastructure & Power Opportunities Trust $BUI Acquired by Readystate Asset Management LP

Readystate Asset Management LP bought a new stake in shares of BlackRock Utilities, Infrastructure & Power Opportunities Trust (NYSE:BUI) in the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor bought 22,637 shares of the real estate investment trust’s stock, valued at approximately $597,000.

A number of other large investors have also recently added to or reduced their stakes in BUI. Ameriprise Financial Inc. grew its position in BlackRock Utilities, Infrastructure & Power Opportunities Trust by 3.7% in the third quarter. Ameriprise Financial Inc. now owns 512,375 shares of the real estate investment trust’s stock worth $13,409,000 after buying an additional 18,512 shares during the last quarter. Bank of America Corp DE lifted its position in shares of BlackRock Utilities, Infrastructure & Power Opportunities Trust by 5.0% during the 3rd quarter. Bank of America Corp DE now owns 466,273 shares of the real estate investment trust’s stock valued at $12,202,000 after acquiring an additional 22,248 shares during the last quarter. Raymond James Financial Inc. lifted its position in shares of BlackRock Utilities, Infrastructure & Power Opportunities Trust by 1.3% during the 3rd quarter. Raymond James Financial Inc. now owns 335,365 shares of the real estate investment trust’s stock valued at $8,777,000 after acquiring an additional 4,268 shares during the last quarter. Invesco Ltd. lifted its position in shares of BlackRock Utilities, Infrastructure & Power Opportunities Trust by 1.0% during the 2nd quarter. Invesco Ltd. now owns 224,021 shares of the real estate investment trust’s stock valued at $5,769,000 after acquiring an additional 2,292 shares during the last quarter. Finally, LPL Financial LLC boosted its stake in shares of BlackRock Utilities, Infrastructure & Power Opportunities Trust by 24.5% during the 4th quarter. LPL Financial LLC now owns 168,406 shares of the real estate investment trust’s stock worth $4,326,000 after acquiring an additional 33,130 shares in the last quarter.

BlackRock Utilities, Infrastructure & Power Opportunities Trust Stock Performance

Shares of NYSE BUI opened at $27.19 on Thursday. The stock’s fifty day simple moving average is $28.09 and its 200 day simple moving average is $27.71. BlackRock Utilities, Infrastructure & Power Opportunities Trust has a 52-week low of $24.85 and a 52-week high of $30.80.

BlackRock Utilities, Infrastructure & Power Opportunities Trust Announces Dividend

The business also recently declared a monthly dividend, which will be paid on Wednesday, September 30th. Investors of record on Tuesday, September 15th will be given a $0.154 dividend. The ex-dividend date is Tuesday, September 15th. This represents a c) dividend on an annualized basis and a dividend yield of 6.8%.

BlackRock Utilities, Infrastructure & Power Opportunities Trust Company Profile

BlackRock Utilities, Infrastructure & Power Opportunities Trust (NYSE: BUI) is a closed-end management investment company that seeks to provide investors with a diversified portfolio of global utilities, infrastructure and power-related securities. Managed by BlackRock Advisors, the trust taps into BlackRock’s expansive research platform to identify companies involved in the generation, transmission and distribution of essential services such as electricity, water, transportation and renewable energy.

The trust’s primary objective is total return, emphasizing both current income and capital appreciation.