Blackrock Resources & Commodities Strategy Trust (NYSE:BCX) Shares Sold by Ameriprise Financial Inc.

Ameriprise Financial Inc. lowered its stake in Blackrock Resources & Commodities Strategy Trust (NYSE:BCX) by 8.3% in the 4th quarter, according to its most recent filing with the SEC. The fund owned 442,849 shares of the investment management company’s stock after selling 40,225 shares during the period. Ameriprise Financial Inc.’s holdings in Blackrock Resources & Commodities Strategy Trust were worth $3,775,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently modified their holdings of the company. PNC Financial Services Group Inc. bought a new stake in shares of Blackrock Resources & Commodities Strategy Trust in the 4th quarter worth about $234,000. Stephens Inc. AR increased its position in shares of Blackrock Resources & Commodities Strategy Trust by 36.5% in the 4th quarter. Stephens Inc. AR now owns 49,409 shares of the investment management company’s stock worth $422,000 after purchasing an additional 13,225 shares during the last quarter. HighTower Advisors LLC increased its position in shares of Blackrock Resources & Commodities Strategy Trust by 21.4% in the 4th quarter. HighTower Advisors LLC now owns 18,285 shares of the investment management company’s stock worth $156,000 after purchasing an additional 3,224 shares during the last quarter. Thrivent Financial for Lutherans bought a new stake in shares of Blackrock Resources & Commodities Strategy Trust in the 4th quarter worth about $111,000. Finally, Raymond James Financial Inc. bought a new stake in shares of Blackrock Resources & Commodities Strategy Trust in the 4th quarter worth about $7,951,000.

Blackrock Resources & Commodities Strategy Trust Price Performance

BCX opened at $9.26 on Tuesday. The company has a 50-day moving average of $8.97 and a 200-day moving average of $9.03. Blackrock Resources & Commodities Strategy Trust has a 1-year low of $7.84 and a 1-year high of $9.74.

Blackrock Resources & Commodities Strategy Trust Dividend Announcement

The business also recently announced a monthly dividend, which will be paid on Friday, May 30th. Stockholders of record on Thursday, May 15th will be given a $0.0697 dividend. This represents a $0.84 annualized dividend and a dividend yield of 9.04%. The ex-dividend date is Thursday, May 15th.

Blackrock Resources & Commodities Strategy Trust 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.