Blackrock Resources & Commodities Strategy Trust (NYSE:BCX – Get Free Report) declared a monthly dividend on Friday, June 5th. Stockholders of record on Tuesday, September 15th will be paid a dividend of 0.0697 per share by the investment management company on Wednesday, September 30th. This represents a c) annualized dividend and a dividend yield of 6.5%. The ex-dividend date is Tuesday, September 15th.
Blackrock Resources & Commodities Strategy Trust Price Performance
NYSE BCX opened at $12.91 on Friday. Blackrock Resources & Commodities Strategy Trust has a 12 month low of $9.68 and a 12 month high of $13.86. The stock’s 50 day moving average is $12.33 and its 200 day moving average is $12.17.
Institutional Inflows and Outflows
A number of institutional investors have recently made changes to their positions in BCX. UBS Group AG boosted its position in shares of Blackrock Resources & Commodities Strategy Trust by 24.8% during the 4th quarter. UBS Group AG now owns 254,867 shares of the investment management company’s stock valued at $2,798,000 after acquiring an additional 50,706 shares during the last quarter. Northwestern Mutual Wealth Management Co. raised its stake in Blackrock Resources & Commodities Strategy Trust by 15,635.9% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 236,038 shares of the investment management company’s stock valued at $2,592,000 after purchasing an additional 234,538 shares in the last quarter. Cypress Capital Management LLC WY purchased a new stake in Blackrock Resources & Commodities Strategy Trust during the second quarter valued at $456,000. Transcend Capital Advisors LLC lifted its position in Blackrock Resources & Commodities Strategy Trust by 522.0% during the second 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 during the last quarter. Finally, Basecamp Wealth Advisors LLC purchased a new position in shares of Blackrock Resources & Commodities Strategy Trust in the 1st quarter worth $1,046,000.
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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