TD Private Client Wealth LLC Acquires 11,332 Shares of Brookfield Infrastructure Co. (NASDAQ:BIPC)

TD Private Client Wealth LLC boosted its holdings in shares of Brookfield Infrastructure Co. (NASDAQ:BIPC) by 132.4% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 19,892 shares of the company’s stock after buying an additional 11,332 shares during the quarter. TD Private Client Wealth LLC’s holdings in Brookfield Infrastructure were worth $865,000 at the end of the most recent quarter.

Other large investors also recently added to or reduced their stakes in the company. Nisa Investment Advisors LLC boosted its stake in shares of Brookfield Infrastructure by 11.7% during the 2nd quarter. Nisa Investment Advisors LLC now owns 2,754 shares of the company’s stock worth $93,000 after acquiring an additional 288 shares during the last quarter. CWM LLC grew its holdings in Brookfield Infrastructure by 10.7% during the second quarter. CWM LLC now owns 3,148 shares of the company’s stock valued at $106,000 after purchasing an additional 305 shares during the period. Gryphon Financial Partners LLC bought a new stake in Brookfield Infrastructure during the second quarter valued at about $136,000. Covestor Ltd increased its position in Brookfield Infrastructure by 64.0% in the third quarter. Covestor Ltd now owns 3,405 shares of the company’s stock worth $148,000 after buying an additional 1,329 shares in the last quarter. Finally, Toth Financial Advisory Corp raised its stake in shares of Brookfield Infrastructure by 111.6% in the third quarter. Toth Financial Advisory Corp now owns 3,602 shares of the company’s stock worth $156,000 after buying an additional 1,900 shares during the period. 70.38% of the stock is currently owned by institutional investors.

Brookfield Infrastructure Trading Down 2.0 %

Shares of NASDAQ:BIPC opened at $40.63 on Friday. The stock has a 50 day moving average of $42.94 and a 200 day moving average of $39.53. The company has a market cap of $5.36 billion, a PE ratio of 28.22 and a beta of 1.45. Brookfield Infrastructure Co. has a 12-month low of $28.47 and a 12-month high of $45.29.

Brookfield Infrastructure Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Tuesday, December 31st. Shareholders of record on Friday, November 29th will be given a $0.405 dividend. The ex-dividend date is Friday, November 29th. This represents a $1.62 dividend on an annualized basis and a dividend yield of 3.99%. Brookfield Infrastructure’s payout ratio is currently 112.50%.

Brookfield Infrastructure Company 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.