Allspring Global Investments Holdings LLC Decreases Position in BlackRock Energy and Resources Trust $BGR

Allspring Global Investments Holdings LLC lessened its holdings in BlackRock Energy and Resources Trust (NYSE:BGR) by 26.7% during the second quarter, Holdings Channel.com reports. The firm owned 791,966 shares of the company’s stock after selling 288,880 shares during the quarter. Allspring Global Investments Holdings LLC’s holdings in BlackRock Energy and Resources Trust were worth $10,501,000 at the end of the most recent quarter.

A number of other large investors also recently added to or reduced their stakes in the business. Raymond James Financial Inc. raised its position in BlackRock Energy and Resources Trust by 2.4% in the 1st quarter. Raymond James Financial Inc. now owns 395,306 shares of the company’s stock worth $5,368,000 after purchasing an additional 9,191 shares during the period. Advisors Asset Management Inc. raised its position in BlackRock Energy and Resources Trust by 4.7% in the 1st quarter. Advisors Asset Management Inc. now owns 270,668 shares of the company’s stock worth $3,676,000 after purchasing an additional 12,169 shares during the period. LPL Financial LLC raised its position in BlackRock Energy and Resources Trust by 1.4% in the 1st quarter. LPL Financial LLC now owns 187,321 shares of the company’s stock worth $2,544,000 after purchasing an additional 2,604 shares during the period. Royal Bank of Canada raised its position in BlackRock Energy and Resources Trust by 2.0% in the 1st quarter. Royal Bank of Canada now owns 157,022 shares of the company’s stock worth $2,132,000 after purchasing an additional 3,137 shares during the period. Finally, Truist Financial Corp raised its position in BlackRock Energy and Resources Trust by 0.6% in the 2nd quarter. Truist Financial Corp now owns 156,358 shares of the company’s stock worth $2,073,000 after purchasing an additional 999 shares during the period.

BlackRock Energy and Resources Trust Trading Down 0.5%

Shares of NYSE:BGR opened at $12.97 on Friday. The company’s fifty day moving average is $13.42 and its 200 day moving average is $13.00. BlackRock Energy and Resources Trust has a 52 week low of $11.08 and a 52 week high of $13.94.

BlackRock Energy and Resources Trust Dividend Announcement

The company also recently disclosed a monthly dividend, which will be paid on Friday, October 31st. Shareholders of record on Wednesday, October 15th will be given a $0.0973 dividend. The ex-dividend date is Wednesday, October 15th. This represents a c) dividend on an annualized basis and a dividend yield of 9.0%.

BlackRock Energy and Resources Trust Profile

BlackRock Energy and Resources Trust is a closed-ended equity mutual fund launched by BlackRock, Inc The fund is co-managed by BlackRock Advisors, LLC and BlackRock International Limited. It invests in public equity markets across the globe, with an emphasis on the United States. The fund seeks to invest in stocks of companies operating in the energy and natural resources sectors.