Stratos Wealth Partners LTD. Has $2.30 Million Stake in BlackRock Resources and Commodities (BCX)

Stratos Wealth Partners LTD. grew its stake in BlackRock Resources and Commodities (NYSE:BCX) by 33.2% in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 258,412 shares of the investment management company’s stock after purchasing an additional 64,363 shares during the period. Stratos Wealth Partners LTD. owned approximately 0.26% of BlackRock Resources and Commodities worth $2,297,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds also recently bought and sold shares of BCX. Citadel Advisors LLC purchased a new stake in shares of BlackRock Resources and Commodities in the second quarter valued at approximately $147,000. Goldman Sachs Group Inc. grew its position in shares of BlackRock Resources and Commodities by 92.0% in the second quarter. Goldman Sachs Group Inc. now owns 22,662 shares of the investment management company’s stock valued at $182,000 after purchasing an additional 10,858 shares in the last quarter. IFP Advisors Inc grew its position in shares of BlackRock Resources and Commodities by 8.8% in the second quarter. IFP Advisors Inc now owns 23,033 shares of the investment management company’s stock valued at $184,000 after purchasing an additional 1,869 shares in the last quarter. Stockman Wealth Management Inc. grew its position in shares of BlackRock Resources and Commodities by 164.2% in the second quarter. Stockman Wealth Management Inc. now owns 27,500 shares of the investment management company’s stock valued at $220,000 after purchasing an additional 17,091 shares in the last quarter. Finally, Oppenheimer & Co. Inc. grew its position in shares of BlackRock Resources and Commodities by 58.9% in the second quarter. Oppenheimer & Co. Inc. now owns 44,748 shares of the investment management company’s stock valued at $359,000 after purchasing an additional 16,585 shares in the last quarter.

BlackRock Resources and Commodities (NYSE:BCX) traded up $0.04 during mid-day trading on Thursday, hitting $8.74. The stock had a trading volume of 40,966 shares, compared to its average volume of 282,257. BlackRock Resources and Commodities has a 1-year low of $7.76 and a 1-year high of $9.16.

The business also recently declared a monthly dividend, which will be paid on Thursday, November 30th. Stockholders of record on Wednesday, November 15th will be given a $0.0516 dividend. The ex-dividend date is Tuesday, November 14th. This represents a $0.62 dividend on an annualized basis and a dividend yield of 7.09%.

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About BlackRock Resources and Commodities

BlackRock Resources & Commodities Strategy Trust is a non-diversified, closed-end management investment company. The Trust’s primary investment objective is to seek high current income and current gains, with a secondary objective of capital appreciation. It will seek to achieve its investment objectives, under normal market conditions, by investing at least 80% of its total assets in equity securities issued by commodity or natural resources companies, derivatives with exposure to commodity or natural resources companies or investments in securities and derivatives linked to the underlying price movement of commodities or natural resources.

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Institutional Ownership by Quarter for BlackRock Resources and Commodities (NYSE:BCX)

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