Brookfield Infrast Partners (BIP) Holder Montrusco Bolton Investments INC Lifted Holding

June 18, 2018 - By Louis Casey

Brookfield Infrastructure Partners L.P. (NYSE:BIP) Logo

Montrusco Bolton Investments Inc increased its stake in Brookfield Infrast Partners (BIP) by 125.98% based on its latest 2018Q1 regulatory filing with the SEC. Montrusco Bolton Investments Inc bought 244,319 shares as the company’s stock declined 5.53% with the market. The institutional investor held 438,250 shares of the marine transportation company at the end of 2018Q1, valued at $18.20M, up from 193,931 at the end of the previous reported quarter. Montrusco Bolton Investments Inc who had been investing in Brookfield Infrast Partners for a number of months, seems to be bullish on the $15.27 billion market cap company. The stock decreased 0.41% or $0.16 during the last trading session, reaching $38.74. About 316,025 shares traded or 16.75% up from the average. Brookfield Infrastructure Partners L.P. (NYSE:BIP) has declined 5.22% since June 18, 2017 and is downtrending. It has underperformed by 17.79% the S&P500.

Montrusco Bolton Investments Inc, which manages about $6.00 billion and $1.38 billion US Long portfolio, decreased its stake in Osisko Gold Royalties Ltd (OKSKF) by 2.13 million shares to 134,941 shares, valued at $1.30M in 2018Q1, according to the filing. It also reduced its holding in Shopify Inc by 27,764 shares in the quarter, leaving it with 64,401 shares, and cut its stake in Firstservice Corp New.

More notable recent Brookfield Infrastructure Partners L.P. (NYSE:BIP) news were published by: Nasdaq.com which released: “3 Dividend Stocks Ideal for Retirees” on June 08, 2018, also Seekingalpha.com with their article: “How To Safely Earn 12-15% Per Year (Dividend Sensei)” published on May 31, 2018, Fool.com published: “Here’s My Top Stock to Buy in June” on June 01, 2018. More interesting news about Brookfield Infrastructure Partners L.P. (NYSE:BIP) were released by: Nasdaq.com and their article: “3 Stocks to Supplement Your Social Security Income” published on June 12, 2018 as well as Fool.com‘s news article titled: “Kinder Morgan Inc. Still Has Plenty of Growth Left in the Tank” with publication date: June 04, 2018.

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