Vanguard Capital Wealth Advisors bought a new position in Brookfield Infrastructure Co. (NASDAQ:BIPC – Free Report) during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm bought 5,826 shares of the company’s stock, valued at approximately $206,000.
Several other institutional investors and hedge funds also recently added to or reduced their stakes in BIPC. Allworth Financial LP raised its position in shares of Brookfield Infrastructure by 169.8% during the 4th quarter. Allworth Financial LP now owns 707 shares of the company’s stock valued at $25,000 after buying an additional 445 shares in the last quarter. CWM LLC increased its stake in shares of Brookfield Infrastructure by 81.6% in the third quarter. CWM LLC now owns 2,059 shares of the company’s stock worth $73,000 after acquiring an additional 925 shares during the period. Signaturefd LLC grew its position in Brookfield Infrastructure by 178.0% during the fourth quarter. Signaturefd LLC now owns 3,019 shares of the company’s stock valued at $106,000 after buying an additional 1,933 shares during the period. NBC Securities Inc. acquired a new stake in shares of Brookfield Infrastructure in the third quarter valued at about $121,000. Finally, Whittier Trust Co. raised its stake in Brookfield Infrastructure by 1,028.5% during the third quarter. Whittier Trust Co. now owns 3,916 shares of the company’s stock worth $138,000 after purchasing an additional 3,569 shares during the period. Hedge funds and other institutional investors own 70.38% of the company’s stock.
Brookfield Infrastructure Price Performance
Shares of BIPC stock traded down $0.69 during trading on Tuesday, reaching $30.47. The company’s stock had a trading volume of 767,264 shares, compared to its average volume of 564,688. The company has a market capitalization of $4.02 billion, a price-to-earnings ratio of 21.64 and a beta of 1.38. The stock’s 50-day moving average price is $33.38 and its 200 day moving average price is $33.23. Brookfield Infrastructure Co. has a 1-year low of $25.48 and a 1-year high of $48.23.
Brookfield Infrastructure Increases Dividend
Brookfield Infrastructure Profile
Brookfield Infrastructure Corporation, together with its subsidiaries, owns and operates regulated natural gas transmission systems in Brazil. The company also engages in the regulated gas and electricity distribution operations in the United Kingdom; and electricity transmission and distribution, as well as gas distribution in Australia.
See Also
- Five stocks we like better than Brookfield Infrastructure
- Where to Find Earnings Call Transcripts
- NXP Semiconductors Will Set a New High Soon: $300 in Sight
- EV Stocks and How to Profit from Them
- Hilton Demonstrates Asset Light is Right for Investors
- What Are the U.K. Market Holidays? How to Invest and Trade
- Boston Scientific Bucks the Medtech Slow Down and Raises Outlook
Want to see what other hedge funds are holding BIPC? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Brookfield Infrastructure Co. (NASDAQ:BIPC – Free Report).
Receive News & Ratings for Brookfield Infrastructure Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Brookfield Infrastructure and related companies with MarketBeat.com's FREE daily email newsletter.