Cetera Investment Advisers Cuts Stake in BlackRock Energy and Resources Trust (NYSE:BGR)

Cetera Investment Advisers cut its position in shares of BlackRock Energy and Resources Trust (NYSE:BGR) by 3.4% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 51,149 shares of the company’s stock after selling 1,816 shares during the period. Cetera Investment Advisers’ holdings in BlackRock Energy and Resources Trust were worth $645,000 as of its most recent SEC filing.

Several other large investors also recently bought and sold shares of the business. Millstone Evans Group LLC bought a new stake in shares of BlackRock Energy and Resources Trust in the 4th quarter worth about $54,000. one8zero8 LLC acquired a new position in shares of BlackRock Energy and Resources Trust during the fourth quarter worth $131,000. Mezzasalma Advisors LLC acquired a new stake in BlackRock Energy and Resources Trust in the fourth quarter worth about $138,000. Concurrent Investment Advisors LLC acquired a new position in BlackRock Energy and Resources Trust during the 4th quarter valued at approximately $223,000. Finally, Private Advisor Group LLC lifted its position in BlackRock Energy and Resources Trust by 25.5% during the 4th quarter. Private Advisor Group LLC now owns 18,525 shares of the company’s stock worth $234,000 after acquiring an additional 3,763 shares during the period.

BlackRock Energy and Resources Trust Stock Performance

Shares of NYSE BGR opened at $12.23 on Monday. BlackRock Energy and Resources Trust has a 12 month low of $11.08 and a 12 month high of $13.94. The company has a 50 day simple moving average of $12.53 and a two-hundred day simple moving average of $13.01.

BlackRock Energy and Resources Trust Announces Dividend

The business also recently declared a monthly dividend, which will be paid on Friday, May 30th. Shareholders of record on Thursday, May 15th will be issued a $0.0973 dividend. This represents a $1.17 dividend on an annualized basis and a yield of 9.54%. The ex-dividend date of this dividend is Thursday, May 15th.

BlackRock Energy and Resources Trust 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.