Cetera Investment Advisers Increases Stake in Blackrock Resources & Commodities Strategy Trust $BCX

Cetera Investment Advisers grew its stake in Blackrock Resources & Commodities Strategy Trust (NYSE:BCX) by 78.1% during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 43,124 shares of the investment management company’s stock after purchasing an additional 18,915 shares during the period. Cetera Investment Advisers’ holdings in Blackrock Resources & Commodities Strategy Trust were worth $402,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also made changes to their positions in the company. NBC Securities Inc. lifted its stake in shares of Blackrock Resources & Commodities Strategy Trust by 116,200.0% in the 1st quarter. NBC Securities Inc. now owns 4,652 shares of the investment management company’s stock valued at $43,000 after purchasing an additional 4,648 shares during the period. Elequin Capital LP purchased a new position in Blackrock Resources & Commodities Strategy Trust in the fourth quarter valued at $58,000. Apollon Wealth Management LLC acquired a new position in shares of Blackrock Resources & Commodities Strategy Trust in the first quarter worth about $95,000. Park Avenue Securities LLC purchased a new stake in shares of Blackrock Resources & Commodities Strategy Trust during the 1st quarter worth about $99,000. Finally, Fermata Advisors LLC acquired a new stake in shares of Blackrock Resources & Commodities Strategy Trust during the 1st quarter valued at about $100,000.

Blackrock Resources & Commodities Strategy Trust Stock Performance

Shares of Blackrock Resources & Commodities Strategy Trust stock opened at $9.59 on Tuesday. Blackrock Resources & Commodities Strategy Trust has a twelve month low of $7.84 and a twelve month high of $9.83. The business has a 50-day moving average price of $9.58 and a 200 day moving average price of $9.23.

Blackrock Resources & Commodities Strategy Trust Announces Dividend

The firm also recently announced a monthly dividend, which will be paid on Friday, August 29th. Stockholders of record on Friday, August 15th will be paid a dividend of $0.0697 per share. This represents a c) annualized dividend and a dividend yield of 8.7%. The ex-dividend date of this dividend is Friday, August 15th.

About Blackrock Resources & Commodities Strategy Trust

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.