Park Avenue Securities LLC Has $123,000 Position in Blackrock Resources & Commodities Strategy Trust $BCX

Park Avenue Securities LLC raised its position in Blackrock Resources & Commodities Strategy Trust (NYSE:BCX) by 23.1% in the second quarter, HoldingsChannel.com reports. The fund owned 13,018 shares of the investment management company’s stock after purchasing an additional 2,445 shares during the quarter. Park Avenue Securities LLC’s holdings in Blackrock Resources & Commodities Strategy Trust were worth $123,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors have also recently added to or reduced their stakes in BCX. Jane Street Group LLC acquired a new stake in Blackrock Resources & Commodities Strategy Trust in the fourth quarter valued at $206,000. NBC Securities Inc. lifted its stake in Blackrock Resources & Commodities Strategy Trust by 116,200.0% in the first quarter. NBC Securities Inc. now owns 4,652 shares of the investment management company’s stock valued at $43,000 after acquiring an additional 4,648 shares during the last quarter. Fermata Advisors LLC acquired a new stake in Blackrock Resources & Commodities Strategy Trust in the first quarter valued at $100,000. Intellectus Partners LLC raised its position in shares of Blackrock Resources & Commodities Strategy Trust by 30.8% in the first quarter. Intellectus Partners LLC now owns 282,562 shares of the investment management company’s stock valued at $2,636,000 after purchasing an additional 66,573 shares during the period. Finally, Janney Montgomery Scott LLC lifted its stake in shares of Blackrock Resources & Commodities Strategy Trust by 6.8% during the 1st quarter. Janney Montgomery Scott LLC now owns 28,289 shares of the investment management company’s stock worth $264,000 after buying an additional 1,799 shares during the last quarter.

Blackrock Resources & Commodities Strategy Trust Stock Performance

NYSE BCX opened at $10.29 on Friday. The firm has a 50-day moving average of $9.89 and a 200-day moving average of $9.45. Blackrock Resources & Commodities Strategy Trust has a 52-week low of $7.84 and a 52-week high of $10.40.

Blackrock Resources & Commodities Strategy Trust Dividend Announcement

The business also recently announced a monthly dividend, which will be paid on Friday, October 31st. Stockholders of record on Wednesday, October 15th will be paid a dividend of $0.0697 per share. This represents a c) dividend on an annualized basis and a dividend yield of 8.1%. The ex-dividend date is Wednesday, October 15th.

About Blackrock Resources & Commodities Strategy Trust

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.