BlackRock Utilities, Infrastructure & Power Opportunities Trust (NYSE:BUI) Stock Price Breaks Below Two Hundred Day Moving Average – Should You Sell?

Shares of BlackRock Utilities, Infrastructure & Power Opportunities Trust (NYSE:BUI) crossed below its two hundred day moving average during trading on Wednesday. The stock has a two hundred day moving average of $27.14 and traded as low as $25.58. BlackRock Utilities, Infrastructure & Power Opportunities Trust shares last traded at $25.6450, with a volume of 65,007 shares.

BlackRock Utilities, Infrastructure & Power Opportunities Trust Stock Up 0.0%

The stock has a 50 day moving average of $26.16 and a 200-day moving average of $27.13.

BlackRock Utilities, Infrastructure & Power Opportunities Trust Announces Dividend

The firm also recently declared a monthly dividend, which will be paid on Tuesday, December 22nd. Stockholders of record on Friday, December 11th will be given a $0.1540 dividend. The ex-dividend date of this dividend is Friday, December 11th. This represents a $1.85 annualized dividend and a dividend yield of 7.3%.

Institutional Trading of BlackRock Utilities, Infrastructure & Power Opportunities Trust

A number of institutional investors have recently modified their holdings of BUI. Wealthspire Retirement LLC grew its stake in BlackRock Utilities, Infrastructure & Power Opportunities Trust by 1.9% in the 1st quarter. Wealthspire Retirement LLC now owns 124,426 shares of the real estate investment trust’s stock valued at $3,282,000 after buying an additional 2,275 shares in the last quarter. Smith Asset Management Co. LLC lifted its position in shares of BlackRock Utilities, Infrastructure & Power Opportunities Trust by 9.1% during the fourth quarter. Smith Asset Management Co. LLC now owns 53,262 shares of the real estate investment trust’s stock worth $1,368,000 after acquiring an additional 4,451 shares in the last quarter. B. Riley Wealth Advisors Inc. boosted its holdings in shares of BlackRock Utilities, Infrastructure & Power Opportunities Trust by 4.6% in the third quarter. B. Riley Wealth Advisors Inc. now owns 26,648 shares of the real estate investment trust’s stock worth $664,000 after acquiring an additional 1,182 shares during the period. Readystate Asset Management LP bought a new position in shares of BlackRock Utilities, Infrastructure & Power Opportunities Trust in the first quarter worth $597,000. Finally, Janney Montgomery Scott LLC boosted its holdings in shares of BlackRock Utilities, Infrastructure & Power Opportunities Trust by 2.7% in the first quarter. Janney Montgomery Scott LLC now owns 18,178 shares of the real estate investment trust’s stock worth $480,000 after acquiring an additional 474 shares during the period.

BlackRock Utilities, Infrastructure & Power Opportunities Trust Company Profile

BlackRock Utilities, Infrastructure & Power Opportunities Trust (NYSE:BUI) is a closed-end investment company managed by BlackRock Advisors. The trust seeks to provide total return through a combination of current income and capital appreciation.

BUI invests primarily in equity securities of companies worldwide that are involved in the utilities, infrastructure and power sectors. Its portfolio may include businesses engaged in electric and gas utilities, energy infrastructure, transportation, communications infrastructure, and other activities supporting the generation, transmission, distribution, or use of power and essential services.

The trust also uses an options strategy, including writing covered call options on selected portfolio holdings, to generate income and potentially manage portfolio exposure.