Cypress Capital Management LLC WY Lowers Stock Position in BlackRock Utilities, Infrastructure & Power Opportunities Trust $BUI

Cypress Capital Management LLC WY trimmed its position in shares of BlackRock Utilities, Infrastructure & Power Opportunities Trust (NYSE:BUI) by 38.2% in the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 78,975 shares of the real estate investment trust’s stock after selling 48,900 shares during the period. BlackRock Utilities, Infrastructure & Power Opportunities Trust makes up about 2.0% of Cypress Capital Management LLC WY’s holdings, making the stock its 15th biggest holding. Cypress Capital Management LLC WY’s holdings in BlackRock Utilities, Infrastructure & Power Opportunities Trust were worth $2,291,000 at the end of the most recent reporting period.

Several other large investors have also made changes to their positions in the company. Readystate Asset Management LP purchased a new stake in BlackRock Utilities, Infrastructure & Power Opportunities Trust during the first quarter valued at about $597,000. Commonwealth Equity Services LLC increased its stake in BlackRock Utilities, Infrastructure & Power Opportunities Trust by 3.6% during the fourth quarter. Commonwealth Equity Services LLC now owns 35,529 shares of the real estate investment trust’s stock worth $913,000 after acquiring an additional 1,234 shares during the last quarter. OpenArc Corporate Advisory LLC purchased a new position in shares of BlackRock Utilities, Infrastructure & Power Opportunities Trust in the 4th quarter worth about $720,000. Cetera Investment Advisers raised its holdings in shares of BlackRock Utilities, Infrastructure & Power Opportunities Trust by 8.9% in the 4th quarter. Cetera Investment Advisers now owns 25,772 shares of the real estate investment trust’s stock worth $662,000 after purchasing an additional 2,117 shares during the period. Finally, NewEdge Advisors LLC lifted its stake in shares of BlackRock Utilities, Infrastructure & Power Opportunities Trust by 7.4% in the 2nd quarter. NewEdge Advisors LLC now owns 14,985 shares of the real estate investment trust’s stock valued at $386,000 after purchasing an additional 1,032 shares in the last quarter.

BlackRock Utilities, Infrastructure & Power Opportunities Trust Trading Up 0.5%

Shares of NYSE:BUI opened at $26.76 on Wednesday. BlackRock Utilities, Infrastructure & Power Opportunities Trust has a 1 year low of $24.85 and a 1 year high of $30.80. The stock has a 50-day simple moving average of $27.47 and a 200-day simple moving average of $27.63.

BlackRock Utilities, Infrastructure & Power Opportunities Trust 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.