Transcend Capital Advisors LLC boosted its holdings in Blackrock Resources & Commodities Strategy Trust (NYSE:BCX – Free Report) by 522.0% during the 2nd quarter, Holdings Channel reports. The firm owned 210,078 shares of the investment management company’s stock after acquiring an additional 176,305 shares during the period. Transcend Capital Advisors LLC’s holdings in Blackrock Resources & Commodities Strategy Trust were worth $2,376,000 as of its most recent filing with the Securities and Exchange Commission.
Other hedge funds and other institutional investors have also bought and sold shares of the company. Moors & Cabot Inc. increased its position in shares of Blackrock Resources & Commodities Strategy Trust by 9.7% during the 3rd quarter. Moors & Cabot Inc. now owns 11,400 shares of the investment management company’s stock valued at $116,000 after purchasing 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% during the 1st quarter. Nations Financial Group Inc. IA ADV now owns 58,246 shares of the investment management company’s stock worth $702,000 after purchasing an additional 1,027 shares during the period. Fiduciary Financial Group LLC boosted its holdings in shares of Blackrock Resources & Commodities Strategy Trust by 3.2% in the 2nd quarter. Fiduciary Financial Group LLC now owns 36,687 shares of the investment management company’s stock worth $415,000 after buying an additional 1,149 shares during the last quarter. Cetera Investment Advisers boosted its holdings in shares of Blackrock Resources & Commodities Strategy Trust by 2.1% in the 4th quarter. Cetera Investment Advisers now owns 77,694 shares of the investment management company’s stock worth $853,000 after buying an additional 1,592 shares during the last quarter. Finally, Geneos Wealth Management Inc. grew its position in Blackrock Resources & Commodities Strategy Trust by 23.6% during the second quarter. Geneos Wealth Management Inc. now owns 9,200 shares of the investment management company’s stock valued at $87,000 after buying an additional 1,758 shares during the period.
Blackrock Resources & Commodities Strategy Trust Stock Performance
BCX opened at $12.66 on Friday. Blackrock Resources & Commodities Strategy Trust has a fifty-two week low of $9.53 and a fifty-two week high of $13.86. The firm has a 50-day moving average of $11.67 and a 200 day moving average of $12.13.
Blackrock Resources & Commodities Strategy Trust Announces Dividend
Blackrock Resources & Commodities Strategy Trust Company Profile
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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