Rivernorth Capital Management LLC grew its stake in shares of Blackrock Resources & Commodities Strategy Trust (NYSE:BCX – Free Report) by 51.6% during the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 962,498 shares of the investment management company’s stock after buying an additional 327,507 shares during the period. Rivernorth Capital Management LLC’s holdings in Blackrock Resources & Commodities Strategy Trust were worth $9,240,000 at the end of the most recent reporting period.
A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Wilmington Savings Fund Society FSB bought a new position in shares of Blackrock Resources & Commodities Strategy Trust in the third quarter worth about $35,000. Virtu Financial LLC bought a new stake in Blackrock Resources & Commodities Strategy Trust in the 3rd quarter valued at $99,000. Cetera Advisors LLC bought a new stake in Blackrock Resources & Commodities Strategy Trust in the 1st quarter valued at $100,000. Sigma Planning Corp purchased a new stake in Blackrock Resources & Commodities Strategy Trust in the 3rd quarter worth $104,000. Finally, Creekside Partners bought a new position in shares of Blackrock Resources & Commodities Strategy Trust during the 2nd quarter valued at about $119,000.
Blackrock Resources & Commodities Strategy Trust Stock Performance
Shares of Blackrock Resources & Commodities Strategy Trust stock opened at $9.19 on Friday. Blackrock Resources & Commodities Strategy Trust has a twelve month low of $8.25 and a twelve month high of $9.74. The business has a 50-day moving average price of $9.38 and a 200-day moving average price of $9.26.
Blackrock Resources & Commodities Strategy Trust Announces Dividend
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.
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