International Assets Investment Management LLC Purchases New Holdings in BlackRock Energy and Resources Trust (NYSE:BGR)

International Assets Investment Management LLC acquired a new stake in BlackRock Energy and Resources Trust (NYSE:BGRFree Report) during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund acquired 31,125 shares of the company’s stock, valued at approximately $388,000.

Other institutional investors also recently added to or reduced their stakes in the company. Janney Montgomery Scott LLC boosted its holdings in BlackRock Energy and Resources Trust by 64.7% in the 3rd quarter. Janney Montgomery Scott LLC now owns 47,701 shares of the company’s stock valued at $625,000 after purchasing an additional 18,733 shares in the last quarter. UBS Group AG boosted its stake in shares of BlackRock Energy and Resources Trust by 1.6% during the 3rd quarter. UBS Group AG now owns 371,979 shares of the company’s stock worth $4,877,000 after acquiring an additional 5,928 shares in the last quarter. D.A. Davidson & CO. boosted its stake in shares of BlackRock Energy and Resources Trust by 12.7% during the 3rd quarter. D.A. Davidson & CO. now owns 90,793 shares of the company’s stock worth $1,190,000 after acquiring an additional 10,262 shares in the last quarter. Raymond James & Associates boosted its stake in shares of BlackRock Energy and Resources Trust by 6.5% during the 3rd quarter. Raymond James & Associates now owns 82,682 shares of the company’s stock worth $1,084,000 after acquiring an additional 5,082 shares in the last quarter. Finally, AQR Arbitrage LLC boosted its stake in shares of BlackRock Energy and Resources Trust by 24.1% during the 3rd quarter. AQR Arbitrage LLC now owns 59,149 shares of the company’s stock worth $775,000 after acquiring an additional 11,486 shares in the last quarter.

BlackRock Energy and Resources Trust Price Performance

Shares of NYSE:BGR opened at $13.31 on Wednesday. The business’s 50 day simple moving average is $13.23 and its 200-day simple moving average is $12.68. BlackRock Energy and Resources Trust has a 12 month low of $11.38 and a 12 month high of $13.68.

BlackRock Energy and Resources Trust Announces Dividend

The business also recently announced a monthly dividend, which will be paid on Friday, May 31st. Investors of record on Wednesday, May 15th will be paid a $0.066 dividend. This represents a $0.79 dividend on an annualized basis and a yield of 5.95%. The ex-dividend date of this dividend is Tuesday, May 14th.

BlackRock Energy and Resources Trust Company Profile

(Free Report)

BlackRock Energy and Resources Trust is a closed-ended equity mutual fund launched by BlackRock, Inc The fund is co-managed by BlackRock Advisors, LLC and BlackRock International Limited. It invests in public equity markets across the globe, with an emphasis on the United States. The fund seeks to invest in stocks of companies operating in the energy and natural resources sectors.

See Also

Institutional Ownership by Quarter for BlackRock Energy and Resources Trust (NYSE:BGR)

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