Private Advisor Group LLC decreased its holdings in Blackrock Resources & Commodities Strategy Trust (NYSE:BCX – Free Report) by 2.9% during the 1st quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 87,310 shares of the investment management company’s stock after selling 2,637 shares during the quarter. Private Advisor Group LLC’s holdings in Blackrock Resources & Commodities Strategy Trust were worth $793,000 at the end of the most recent quarter.
Several other large investors have also added to or reduced their stakes in BCX. Raymond James Trust N.A. bought a new position in shares of Blackrock Resources & Commodities Strategy Trust during the 4th quarter worth approximately $94,000. Hartline Investment Corp bought a new position in shares of Blackrock Resources & Commodities Strategy Trust during the 1st quarter worth approximately $94,000. Modera Wealth Management LLC bought a new position in shares of Blackrock Resources & Commodities Strategy Trust during the 4th quarter worth approximately $100,000. Abel Hall LLC bought a new position in shares of Blackrock Resources & Commodities Strategy Trust during the 4th quarter worth approximately $107,000. Finally, CTC Alternative Strategies Ltd. bought a new position in shares of Blackrock Resources & Commodities Strategy Trust during the 4th quarter worth approximately $131,000.
Blackrock Resources & Commodities Strategy Trust Price Performance
Blackrock Resources & Commodities Strategy Trust stock opened at $9.38 on Friday. Blackrock Resources & Commodities Strategy Trust has a 52 week low of $8.25 and a 52 week high of $9.87. The company’s 50 day moving average price is $9.25 and its two-hundred day moving average price is $8.96.
Blackrock Resources & Commodities Strategy Trust Dividend Announcement
The company also recently announced a monthly dividend, which will be paid on Wednesday, July 31st. Shareholders of record on Monday, July 15th will be given a dividend of $0.0518 per share. The ex-dividend date is Monday, July 15th. This represents a $0.62 annualized dividend and a dividend yield of 6.63%.
About Blackrock Resources & Commodities Strategy Trust
Blackrock Resources & Commodities Strategy Trust is a closed-ended equity mutual fund launched by BlackRock, Inc It is co-managed by BlackRock Advisors, LLC and BlackRock International Limited. The fund invests in the public equity markets of the United States. It seeks to invest in stocks of companies operating in the commodities or natural resources sectors.
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