Private Advisor Group LLC Sells 998 Shares of BlackRock Energy and Resources Trust (NYSE:BGR)

Private Advisor Group LLC cut its stake in BlackRock Energy and Resources Trust (NYSE:BGR) by 6.3% in the third quarter, Holdings Channel reports. The institutional investor owned 14,762 shares of the company’s stock after selling 998 shares during the period. Private Advisor Group LLC’s holdings in BlackRock Energy and Resources Trust were worth $190,000 at the end of the most recent quarter.

Other institutional investors also recently bought and sold shares of the company. NBC Securities Inc. lifted its position in BlackRock Energy and Resources Trust by 19.6% in the third quarter. NBC Securities Inc. now owns 9,164 shares of the company’s stock worth $118,000 after buying an additional 1,500 shares during the last quarter. B. Riley Wealth Advisors Inc. bought a new stake in BlackRock Energy and Resources Trust in the first quarter worth $161,000. Creative Planning bought a new stake in BlackRock Energy and Resources Trust in the second quarter worth $416,000. All Season Financial Advisors Inc. lifted its position in BlackRock Energy and Resources Trust by 38.5% in the second quarter. All Season Financial Advisors Inc. now owns 43,452 shares of the company’s stock worth $574,000 after buying an additional 12,080 shares during the last quarter. Finally, Janney Montgomery Scott LLC lifted its position in BlackRock Energy and Resources Trust by 1.7% in the first quarter. Janney Montgomery Scott LLC now owns 50,466 shares of the company’s stock worth $669,000 after buying an additional 861 shares during the last quarter.

BlackRock Energy and Resources Trust Stock Performance

Shares of BGR opened at $13.43 on Friday. The business has a fifty day moving average of $12.93 and a 200 day moving average of $13.04. BlackRock Energy and Resources Trust has a 52-week low of $11.86 and a 52-week high of $13.68.

BlackRock Energy and Resources Trust Dividend Announcement

The firm also recently announced a monthly dividend, which will be paid on Friday, November 29th. Shareholders of record on Friday, November 15th will be paid a $0.0754 dividend. The ex-dividend date is Friday, November 15th. This represents a $0.90 dividend on an annualized basis and a yield of 6.74%.

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.