Ionic Capital Management LLC Sells 16,831 Shares of Blackrock Resources & Commodities Strategy Trust (NYSE:BCX)

Ionic Capital Management LLC lowered its position in shares of Blackrock Resources & Commodities Strategy Trust (NYSE:BCX) by 22.8% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 57,139 shares of the investment management company’s stock after selling 16,831 shares during the quarter. Ionic Capital Management LLC’s holdings in Blackrock Resources & Commodities Strategy Trust were worth $488,000 at the end of the most recent reporting period.

Other large investors have also made changes to their positions in the company. Curio Wealth LLC acquired a new position in shares of Blackrock Resources & Commodities Strategy Trust in the 4th quarter valued at $28,000. Wilmington Savings Fund Society FSB acquired a new position in Blackrock Resources & Commodities Strategy Trust in the third quarter valued at about $35,000. CreativeOne Wealth LLC bought a new position in Blackrock Resources & Commodities Strategy Trust during the fourth quarter worth about $96,000. Thrivent Financial for Lutherans acquired a new position in shares of Blackrock Resources & Commodities Strategy Trust during the 4th quarter worth about $111,000. Finally, Tallon Kerry Patrick bought a new stake in shares of Blackrock Resources & Commodities Strategy Trust in the 4th quarter valued at about $120,000.

Blackrock Resources & Commodities Strategy Trust Trading Up 1.0 %

Shares of NYSE:BCX opened at $9.14 on Friday. The firm’s 50 day simple moving average is $8.93 and its 200 day simple moving average is $9.05. Blackrock Resources & Commodities Strategy Trust has a fifty-two week low of $7.84 and a fifty-two week high of $9.74.

Blackrock Resources & Commodities Strategy Trust Dividend Announcement

The company also recently declared a monthly dividend, which will be paid on Friday, May 30th. Stockholders of record on Thursday, May 15th will be given a dividend of $0.0697 per share. The ex-dividend date is Thursday, May 15th. This represents a $0.84 dividend on an annualized basis and a dividend yield of 9.15%.

Blackrock Resources & Commodities Strategy Trust Profile

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.