Creekside Partners Invests $119,000 in Blackrock Resources & Commodities Strategy Trust (NYSE:BCX)

Creekside Partners bought a new stake in Blackrock Resources & Commodities Strategy Trust (NYSE:BCX) in the 2nd quarter, HoldingsChannel.com reports. The institutional investor bought 12,959 shares of the investment management company’s stock, valued at approximately $119,000.

A number of other large investors also recently made changes to their positions in BCX. Allspring Global Investments Holdings LLC grew its position in Blackrock Resources & Commodities Strategy Trust by 19.6% in the 2nd quarter. Allspring Global Investments Holdings LLC now owns 2,498,989 shares of the investment management company’s stock worth $22,966,000 after purchasing an additional 409,593 shares in the last quarter. Lazard Asset Management LLC boosted its stake in shares of Blackrock Resources & Commodities Strategy Trust by 15.2% in the 1st quarter. Lazard Asset Management LLC now owns 2,490,913 shares of the investment management company’s stock worth $22,617,000 after buying an additional 329,511 shares during the last quarter. Twin Focus Capital Partners LLC bought a new position in shares of Blackrock Resources & Commodities Strategy Trust in the fourth quarter valued at approximately $1,220,000. Quantedge Capital Pte Ltd increased its position in shares of Blackrock Resources & Commodities Strategy Trust by 146.5% during the fourth quarter. Quantedge Capital Pte Ltd now owns 169,763 shares of the investment management company’s stock valued at $1,507,000 after acquiring an additional 100,900 shares during the last quarter. Finally, 180 Wealth Advisors LLC lifted its holdings in Blackrock Resources & Commodities Strategy Trust by 30.3% during the first quarter. 180 Wealth Advisors LLC now owns 410,765 shares of the investment management company’s stock worth $3,730,000 after acquiring an additional 95,452 shares during the period.

Blackrock Resources & Commodities Strategy Trust Price Performance

BCX stock opened at $9.68 on Thursday. The stock’s fifty day simple moving average is $9.18 and its two-hundred day simple moving average is $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 business also recently declared a monthly dividend, which will be paid on Thursday, October 31st. Investors of record on Tuesday, October 15th will be issued a $0.0518 dividend. This represents a $0.62 dividend on an annualized basis and a dividend yield of 6.42%. The ex-dividend date of this dividend is Tuesday, October 15th.

Blackrock Resources & Commodities Strategy Trust 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.