Blackrock Resources & Commodities Strategy Trust (NYSE:BCX – Get Free Report) announced a monthly dividend on Thursday, September 10th. Shareholders of record on Friday, November 13th will be paid a dividend of 0.0697 per share by the investment management company on Monday, November 30th. This represents a c) annualized dividend and a yield of 6.5%. The ex-dividend date of this dividend is Friday, November 13th.
Blackrock Resources & Commodities Strategy Trust Stock Down 0.6%
Shares of BCX opened at $12.91 on Friday. The business’s 50-day moving average is $12.33 and its two-hundred day moving average is $12.17. Blackrock Resources & Commodities Strategy Trust has a fifty-two week low of $9.68 and a fifty-two week high of $13.86.
Institutional Trading of Blackrock Resources & Commodities Strategy Trust
Several hedge funds and other institutional investors have recently bought and sold shares of BCX. UBS Group AG boosted its position in Blackrock Resources & Commodities Strategy Trust by 24.8% in the 4th quarter. UBS Group AG now owns 254,867 shares of the investment management company’s stock worth $2,798,000 after purchasing an additional 50,706 shares in the last quarter. Northwestern Mutual Wealth Management Co. grew its stake in shares of Blackrock Resources & Commodities Strategy Trust by 15,635.9% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 236,038 shares of the investment management company’s stock worth $2,592,000 after purchasing an additional 234,538 shares during the period. Cypress Capital Management LLC WY purchased a new position in shares of Blackrock Resources & Commodities Strategy Trust during the 2nd quarter valued at approximately $456,000. Transcend Capital Advisors LLC increased its holdings in shares of Blackrock Resources & Commodities Strategy Trust by 522.0% during the 2nd quarter. Transcend Capital Advisors LLC now owns 210,078 shares of the investment management company’s stock valued at $2,376,000 after purchasing an additional 176,305 shares in the last quarter. Finally, Basecamp Wealth Advisors LLC acquired a new position in shares of Blackrock Resources & Commodities Strategy Trust in the 1st quarter valued at $1,046,000.
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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