Stifel Financial Corp Grows Stock Holdings in BlackRock Energy and Resources Trust (NYSE:BGR)

Stifel Financial Corp boosted its holdings in shares of BlackRock Energy and Resources Trust (NYSE:BGR) by 4.9% in the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 31,769 shares of the company’s stock after buying an additional 1,491 shares during the quarter. Stifel Financial Corp’s holdings in BlackRock Energy and Resources Trust were worth $401,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors also recently added to or reduced their stakes in the business. Raymond James Financial Inc. bought a new position in shares of BlackRock Energy and Resources Trust during the fourth quarter worth $4,869,000. LPL Financial LLC raised its stake in shares of BlackRock Energy and Resources Trust by 20.1% in the fourth quarter. LPL Financial LLC now owns 184,717 shares of the company’s stock valued at $2,329,000 after acquiring an additional 30,961 shares during the period. Samalin Investment Counsel LLC raised its stake in shares of BlackRock Energy and Resources Trust by 6.9% in the fourth quarter. Samalin Investment Counsel LLC now owns 67,267 shares of the company’s stock valued at $848,000 after acquiring an additional 4,368 shares during the period. Millstone Evans Group LLC purchased a new stake in shares of BlackRock Energy and Resources Trust in the fourth quarter valued at $54,000. Finally, Advisors Asset Management Inc. increased its stake in BlackRock Energy and Resources Trust by 16.5% in the 4th quarter. Advisors Asset Management Inc. now owns 258,499 shares of the company’s stock worth $3,260,000 after buying an additional 36,677 shares during the period.

BlackRock Energy and Resources Trust Stock Up 0.2%

BGR stock opened at $12.77 on Wednesday. BlackRock Energy and Resources Trust has a 12 month low of $11.08 and a 12 month high of $13.94. The firm’s 50-day moving average is $12.62 and its 200 day moving average is $13.04.

BlackRock Energy and Resources Trust Dividend Announcement

The firm also recently announced a monthly dividend, which will be paid on Friday, May 30th. Shareholders of record on Thursday, May 15th will be given a dividend of $0.0973 per share. This represents a $1.17 dividend on an annualized basis and a yield of 9.14%. The ex-dividend date is Thursday, May 15th.

BlackRock Energy and Resources Trust Company Profile

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.