Sage Investment Counsel LLC Invests $227,000 in BlackRock Utilities, Infrastructure & Power Opportunities Trust (NYSE:BUI)

Sage Investment Counsel LLC acquired a new position in shares of BlackRock Utilities, Infrastructure & Power Opportunities Trust (NYSE:BUI) in the 4th quarter, according to its most recent disclosure with the SEC. The fund acquired 9,693 shares of the real estate investment trust’s stock, valued at approximately $227,000.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the stock. Prairie Wealth Advisors Inc. lifted its position in BlackRock Utilities, Infrastructure & Power Opportunities Trust by 12.5% in the fourth quarter. Prairie Wealth Advisors Inc. now owns 65,048 shares of the real estate investment trust’s stock valued at $1,524,000 after acquiring an additional 7,205 shares during the last quarter. Hennion & Walsh Asset Management Inc. lifted its position in BlackRock Utilities, Infrastructure & Power Opportunities Trust by 216.6% in the fourth quarter. Hennion & Walsh Asset Management Inc. now owns 48,017 shares of the real estate investment trust’s stock valued at $1,125,000 after acquiring an additional 32,852 shares during the last quarter. Stifel Financial Corp lifted 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 valued at $1,166,000 after acquiring an additional 12,571 shares during the last quarter. Wealth Enhancement Advisory Services LLC lifted 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 last quarter. Finally, B. Riley Wealth Advisors Inc. lifted its position 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 valued at $369,000 after acquiring an additional 639 shares during the last quarter.

BlackRock Utilities, Infrastructure & Power Opportunities Trust Price Performance

Shares of BUI opened at $22.65 on Friday. BlackRock Utilities, Infrastructure & Power Opportunities Trust has a 1-year low of $20.11 and a 1-year high of $24.94. The firm has a fifty day moving average price of $23.15 and a 200 day moving average price of $23.38.

BlackRock Utilities, Infrastructure & Power Opportunities Trust Announces Dividend

The business also recently declared a monthly dividend, which was paid on Friday, February 28th. Investors of record on Friday, February 14th were given a $0.136 dividend. The ex-dividend date of this dividend was Friday, February 14th. This represents a $1.63 dividend on an annualized basis and a yield of 7.21%.

BlackRock Utilities, Infrastructure & Power Opportunities Trust Company 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.