Private Advisor Group LLC Sells 5,569 Shares of Blackrock Resources & Commodities Strategy Trust (NYSE:BCX)

Private Advisor Group LLC reduced its stake in shares of Blackrock Resources & Commodities Strategy Trust (NYSE:BCX) by 6.3% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 83,372 shares of the investment management company’s stock after selling 5,569 shares during the period. Private Advisor Group LLC’s holdings in Blackrock Resources & Commodities Strategy Trust were worth $800,000 at the end of the most recent quarter.

Other institutional investors also recently bought and sold shares of the company. Calamos Advisors LLC increased its stake in shares of Blackrock Resources & Commodities Strategy Trust by 46.4% in the second quarter. Calamos Advisors LLC now owns 26,082 shares of the investment management company’s stock worth $240,000 after purchasing an additional 8,267 shares during the period. Raymond James & Associates increased its stake in shares of Blackrock Resources & Commodities Strategy Trust by 2.0% in the second quarter. Raymond James & Associates now owns 413,757 shares of the investment management company’s stock worth $3,802,000 after purchasing an additional 8,305 shares during the period. Cetera Advisors LLC bought a new position in shares of Blackrock Resources & Commodities Strategy Trust in the first quarter worth about $100,000. Allspring Global Investments Holdings LLC increased its stake in shares of Blackrock Resources & Commodities Strategy Trust by 11.0% in the first quarter. Allspring Global Investments Holdings LLC now owns 2,089,396 shares of the investment management company’s stock worth $18,972,000 after purchasing an additional 206,335 shares during the period. Finally, Comerica Bank increased its stake in shares of Blackrock Resources & Commodities Strategy Trust by 10.1% in the first quarter. Comerica Bank now owns 15,920 shares of the investment management company’s stock worth $145,000 after purchasing an additional 1,466 shares during the period.

Blackrock Resources & Commodities Strategy Trust Trading Up 1.1 %

Blackrock Resources & Commodities Strategy Trust stock opened at $9.42 on Friday. The business’s 50-day simple moving average is $9.35 and its 200-day simple moving average is $9.26. Blackrock Resources & Commodities Strategy Trust has a 52 week low of $8.25 and a 52 week high of $9.74.

Blackrock Resources & Commodities Strategy Trust Announces Dividend

The firm also recently disclosed a monthly dividend, which was paid on Thursday, October 31st. Stockholders of record on Tuesday, October 15th were paid a $0.0518 dividend. The ex-dividend date of this dividend was Tuesday, October 15th. This represents a $0.62 dividend on an annualized basis and a dividend yield of 6.60%.

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.