Commonwealth Equity Services LLC Trims Stake in Blackrock Resources & Commodities Strategy Trust (NYSE:BCX)

Commonwealth Equity Services LLC reduced its holdings in shares of Blackrock Resources & Commodities Strategy Trust (NYSE:BCX) by 5.1% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 587,666 shares of the investment management company’s stock after selling 31,347 shares during the period. Commonwealth Equity Services LLC’s holdings in Blackrock Resources & Commodities Strategy Trust were worth $5,019,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Wilmington Savings Fund Society FSB purchased a new stake in Blackrock Resources & Commodities Strategy Trust during the third quarter valued at approximately $35,000. Virtu Financial LLC purchased a new stake in Blackrock Resources & Commodities Strategy Trust during the third quarter valued at approximately $99,000. Tallon Kerry Patrick purchased a new stake in Blackrock Resources & Commodities Strategy Trust during the fourth quarter valued at approximately $120,000. EverSource Wealth Advisors LLC increased its holdings in Blackrock Resources & Commodities Strategy Trust by 97.3% during the fourth quarter. EverSource Wealth Advisors LLC now owns 14,703 shares of the investment management company’s stock valued at $126,000 after buying an additional 7,250 shares during the last quarter. Finally, Valued Retirements Inc. purchased a new stake in Blackrock Resources & Commodities Strategy Trust during the third quarter valued at approximately $142,000.

Blackrock Resources & Commodities Strategy Trust Trading Down 1.3 %

BCX opened at $9.31 on Friday. Blackrock Resources & Commodities Strategy Trust has a 1-year low of $8.41 and a 1-year high of $9.74. The company has a 50 day simple moving average of $9.10 and a two-hundred day simple moving average of $9.17.

Blackrock Resources & Commodities Strategy Trust Dividend Announcement

The company also recently declared a monthly dividend, which will be paid on Monday, March 31st. Shareholders of record on Friday, March 14th will be given a $0.0697 dividend. The ex-dividend date is Friday, March 14th. This represents a $0.84 dividend on an annualized basis and a dividend yield of 8.99%.

Blackrock Resources & Commodities Strategy Trust Company 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.