Allspring Global Investments Holdings LLC raised its stake in shares of Blackrock Resources & Commodities Strategy Trust (NYSE:BCX – Free Report) by 41.3% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 1,883,061 shares of the investment management company’s stock after purchasing an additional 550,047 shares during the quarter. Allspring Global Investments Holdings LLC’s holdings in Blackrock Resources & Commodities Strategy Trust were worth $16,722,000 at the end of the most recent reporting period.
Other hedge funds have also added to or reduced their stakes in the company. Tower Research Capital LLC TRC increased its position in Blackrock Resources & Commodities Strategy Trust by 51,420.0% during the 1st quarter. Tower Research Capital LLC TRC now owns 2,576 shares of the investment management company’s stock valued at $25,000 after purchasing an additional 2,571 shares during the period. JPMorgan Chase & Co. purchased a new position in Blackrock Resources & Commodities Strategy Trust during the 1st quarter valued at $31,000. Samalin Investment Counsel LLC purchased a new position in Blackrock Resources & Commodities Strategy Trust during the 1st quarter valued at $33,000. Captrust Financial Advisors purchased a new position in Blackrock Resources & Commodities Strategy Trust during the 2nd quarter valued at $33,000. Finally, Geneos Wealth Management Inc. increased its position in Blackrock Resources & Commodities Strategy Trust by 64.3% during the 1st quarter. Geneos Wealth Management Inc. now owns 4,256 shares of the investment management company’s stock valued at $46,000 after purchasing an additional 1,665 shares during the period.
Blackrock Resources & Commodities Strategy Trust Price Performance
Shares of Blackrock Resources & Commodities Strategy Trust stock opened at $9.18 on Monday. The company’s fifty day simple moving average is $8.76 and its two-hundred day simple moving average is $8.78. Blackrock Resources & Commodities Strategy Trust has a 12-month low of $8.25 and a 12-month high of $9.90.
Blackrock Resources & Commodities Strategy Trust Announces Dividend
The firm also recently declared a monthly dividend, which will be paid on Tuesday, April 30th. Investors of record on Monday, April 15th will be paid a $0.052 dividend. The ex-dividend date of this dividend is Friday, April 12th. This represents a $0.62 annualized dividend and a dividend yield of 6.80%.
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.
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