31,125 Shares in BlackRock Energy and Resources Trust (NYSE:BGR) Bought by International Assets Investment Management LLC

International Assets Investment Management LLC bought a new position in BlackRock Energy and Resources Trust (NYSE:BGR) in the 4th quarter, according to the company in its most recent disclosure with the SEC. The institutional investor bought 31,125 shares of the company’s stock, valued at approximately $388,000.

Several other hedge funds also recently bought and sold shares of the company. City of London Investment Management Co. Ltd. purchased a new stake in BlackRock Energy and Resources Trust in the 3rd quarter worth $7,826,000. UBS Group AG lifted its stake in BlackRock Energy and Resources Trust by 1.6% in the 3rd quarter. UBS Group AG now owns 371,979 shares of the company’s stock worth $4,877,000 after purchasing an additional 5,928 shares in the last quarter. Raymond James Financial Services Advisors Inc. lifted its stake in BlackRock Energy and Resources Trust by 2.1% in the 3rd quarter. Raymond James Financial Services Advisors Inc. now owns 244,157 shares of the company’s stock worth $3,201,000 after purchasing an additional 4,994 shares in the last quarter. Wolverine Asset Management LLC lifted its stake in BlackRock Energy and Resources Trust by 382.2% in the 3rd quarter. Wolverine Asset Management LLC now owns 138,277 shares of the company’s stock worth $1,813,000 after purchasing an additional 109,599 shares in the last quarter. Finally, D.A. Davidson & CO. lifted its stake in BlackRock Energy and Resources Trust by 12.7% in the 3rd quarter. D.A. Davidson & CO. now owns 90,793 shares of the company’s stock worth $1,190,000 after purchasing an additional 10,262 shares in the last quarter.

BlackRock Energy and Resources Trust Trading Down 0.4 %

Shares of BGR stock opened at $13.38 on Friday. BlackRock Energy and Resources Trust has a 52 week low of $11.38 and a 52 week high of $13.68. The company’s fifty day simple moving average is $12.92 and its two-hundred day simple moving average is $12.63.

BlackRock Energy and Resources Trust Announces Dividend

The business also recently declared a monthly dividend, which will be paid on Tuesday, April 30th. Shareholders of record on Monday, April 15th will be paid a $0.066 dividend. This represents a $0.79 annualized dividend and a yield of 5.92%. The ex-dividend date of this dividend is Friday, April 12th.

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.