Blackrock Resources & Commodities Strategy Trust (NYSE:BCX – Get Free Report) announced a monthly dividend on Friday, February 27th. Shareholders of record on Friday, May 15th will be given a dividend of 0.0697 per share by the investment management company on Friday, May 29th. This represents a c) annualized dividend and a yield of 6.7%. The ex-dividend date of this dividend is Friday, May 15th.
Blackrock Resources & Commodities Strategy Trust Stock Performance
NYSE:BCX opened at $12.48 on Wednesday. Blackrock Resources & Commodities Strategy Trust has a 12 month low of $9.11 and a 12 month high of $13.86. The company’s 50-day moving average price is $12.25 and its two-hundred day moving average price is $11.61.
Hedge Funds Weigh In On Blackrock Resources & Commodities Strategy Trust
Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Moors & Cabot Inc. raised its stake in shares of Blackrock Resources & Commodities Strategy Trust by 9.7% in the third quarter. Moors & Cabot Inc. now owns 11,400 shares of the investment management company’s stock worth $116,000 after acquiring an additional 1,005 shares during the last quarter. Nations Financial Group Inc. IA ADV raised its stake in shares of Blackrock Resources & Commodities Strategy Trust by 1.8% in the first quarter. Nations Financial Group Inc. IA ADV now owns 58,246 shares of the investment management company’s stock worth $702,000 after acquiring an additional 1,027 shares during the last quarter. Level Four Advisory Services LLC raised its stake in shares of Blackrock Resources & Commodities Strategy Trust by 8.2% in the third quarter. Level Four Advisory Services LLC now owns 15,108 shares of the investment management company’s stock worth $154,000 after acquiring an additional 1,145 shares during the last quarter. Cetera Investment Advisers raised its stake in shares of Blackrock Resources & Commodities Strategy Trust by 2.1% in the fourth quarter. Cetera Investment Advisers now owns 77,694 shares of the investment management company’s stock worth $853,000 after acquiring an additional 1,592 shares during the last quarter. Finally, Geneos Wealth Management Inc. raised its stake in shares of Blackrock Resources & Commodities Strategy Trust by 23.6% in the second quarter. Geneos Wealth Management Inc. now owns 9,200 shares of the investment management company’s stock worth $87,000 after acquiring an additional 1,758 shares during the last quarter.
About Blackrock Resources & Commodities Strategy Trust
BlackRock Resources & Commodities Strategy Trust (NYSE: BCX) is a closed-end management investment company focused on achieving total return through exposure to global commodities and natural resource sectors. Listed on the New York Stock Exchange, the trust offers investors a vehicle for diversified access to commodity markets, including energy, agriculture, metals and minerals, as well as related equities. By packaging multiple exposure strategies within a single portfolio, BCX seeks to deliver returns that are uncorrelated with traditional equity and fixed-income benchmarks.
The trust pursues its objectives through a combination of direct and indirect instruments.
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