Truist Financial Corp Has $1.71 Million Stake in BlackRock Energy and Resources Trust (NYSE:BGR)

Truist Financial Corp lifted its stake in BlackRock Energy and Resources Trust (NYSE:BGR) by 5.0% during the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 135,942 shares of the company’s stock after acquiring an additional 6,506 shares during the period. Truist Financial Corp’s holdings in BlackRock Energy and Resources Trust were worth $1,714,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Brown Brothers Harriman & Co. acquired a new position in BlackRock Energy and Resources Trust during the 3rd quarter worth $56,000. Moors & Cabot Inc. acquired a new stake in shares of BlackRock Energy and Resources Trust in the third quarter valued at about $137,000. Mezzasalma Advisors LLC bought a new position in shares of BlackRock Energy and Resources Trust in the fourth quarter worth about $138,000. Raymond James Trust N.A. acquired a new position in shares of BlackRock Energy and Resources Trust during the 3rd quarter worth about $159,000. Finally, Wolverine Asset Management LLC boosted its stake in BlackRock Energy and Resources Trust by 74.0% during the 3rd quarter. Wolverine Asset Management LLC now owns 103,908 shares of the company’s stock valued at $1,338,000 after purchasing an additional 44,174 shares during the period.

BlackRock Energy and Resources Trust Stock Down 0.0 %

BGR opened at $13.09 on Friday. The stock’s 50 day moving average price is $13.22 and its two-hundred day moving average price is $13.15. BlackRock Energy and Resources Trust has a 12-month low of $12.10 and a 12-month high of $13.94.

BlackRock Energy and Resources Trust Dividend Announcement

The business also recently disclosed a monthly dividend, which will be paid on Friday, February 28th. Stockholders of record on Friday, February 14th will be paid a $0.0973 dividend. The ex-dividend date is Friday, February 14th. This represents a $1.17 annualized dividend and a dividend yield of 8.92%.

About BlackRock Energy and Resources Trust

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.