Independent Wealth Network Inc. Has $258,000 Holdings in Blackrock Resources & Commodities Strategy Trust (NYSE:BCX)

Posted by Editorial Team on Jan 24th, 2025

Independent Wealth Network Inc. boosted its holdings in Blackrock Resources & Commodities Strategy Trust (NYSE:BCX – Free Report) by 41.2% during the 4th quarter, Holdings Channel.com reports. The fund owned 30,210 shares of the investment management company’s stock after purchasing an additional 8,816 shares during the quarter. Independent Wealth Network Inc.’s holdings in Blackrock Resources & Commodities Strategy Trust were worth $258,000 as of its most recent SEC filing.

A number of other hedge funds have also added to or reduced their stakes in BCX. Wilmington Savings Fund Society FSB purchased a new stake in shares of Blackrock Resources & Commodities Strategy Trust in the third quarter worth approximately $35,000. Virtu Financial LLC bought a new stake in Blackrock Resources & Commodities Strategy Trust during the third quarter worth $99,000. Sigma Planning Corp purchased a new stake in Blackrock Resources & Commodities Strategy Trust in the 3rd quarter valued at $104,000. Creekside Partners bought a new position in Blackrock Resources & Commodities Strategy Trust during the 2nd quarter valued at $119,000. Finally, Tallon Kerry Patrick bought a new position in Blackrock Resources & Commodities Strategy Trust during the 4th quarter valued at $120,000.

Blackrock Resources & Commodities Strategy Trust Trading Up 0.1 %

NYSE BCX opened at $9.21 on Friday. The company has a fifty day moving average price of $9.04 and a 200-day moving average price of $9.20. Blackrock Resources & Commodities Strategy Trust has a 1 year low of $8.25 and a 1 year high of $9.74.

Blackrock Resources & Commodities Strategy Trust Dividend Announcement

The company also recently disclosed a monthly dividend, which will be paid on Friday, January 31st. Shareholders of record on Wednesday, January 15th will be paid a $0.0697 dividend. The ex-dividend date is Wednesday, January 15th. This represents a $0.84 annualized dividend and a yield of 9.08%.

Blackrock Resources & Commodities Strategy Trust Company Profile

(Free Report)

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.