Blackrock Resources & Commodities Strategy Trust $BCX Shares Sold by Allspring Global Investments Holdings LLC

Allspring Global Investments Holdings LLC cut its stake in shares of Blackrock Resources & Commodities Strategy Trust (NYSE:BCX) by 38.9% in the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 760,524 shares of the investment management company’s stock after selling 485,019 shares during the period. Allspring Global Investments Holdings LLC’s holdings in Blackrock Resources & Commodities Strategy Trust were worth $7,735,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Independent Wealth Network Inc. raised its stake in shares of Blackrock Resources & Commodities Strategy Trust by 3.5% during the second quarter. Independent Wealth Network Inc. now owns 32,781 shares of the investment management company’s stock worth $310,000 after purchasing an additional 1,111 shares during the last quarter. Samalin Investment Counsel LLC raised its position in Blackrock Resources & Commodities Strategy Trust by 2.4% during the 2nd quarter. Samalin Investment Counsel LLC now owns 72,393 shares of the investment management company’s stock worth $684,000 after buying an additional 1,722 shares during the last quarter. Geneos Wealth Management Inc. lifted its stake in shares of Blackrock Resources & Commodities Strategy Trust by 23.6% in the 2nd quarter. Geneos Wealth Management Inc. now owns 9,200 shares of the investment management company’s stock worth $87,000 after acquiring an additional 1,758 shares during the period. First Trust Advisors LP boosted its holdings in shares of Blackrock Resources & Commodities Strategy Trust by 3.7% in the second quarter. First Trust Advisors LP now owns 50,198 shares of the investment management company’s stock valued at $474,000 after acquiring an additional 1,787 shares in the last quarter. Finally, CWM LLC boosted its holdings in shares of Blackrock Resources & Commodities Strategy Trust by 69.0% in the third quarter. CWM LLC now owns 5,327 shares of the investment management company’s stock valued at $54,000 after acquiring an additional 2,175 shares in the last quarter.

Blackrock Resources & Commodities Strategy Trust Price Performance

NYSE BCX opened at $11.38 on Wednesday. Blackrock Resources & Commodities Strategy Trust has a 52-week low of $7.84 and a 52-week high of $11.48. The firm has a 50-day moving average price of $10.45 and a 200 day moving average price of $10.05.

Blackrock Resources & Commodities Strategy Trust Announces Dividend

The firm also recently declared a monthly dividend, which will be paid on Tuesday, March 31st. Stockholders of record on Friday, March 13th will be issued a $0.0697 dividend. This represents a c) annualized dividend and a dividend yield of 7.3%. The ex-dividend date of this dividend is Friday, March 13th.

Blackrock Resources & Commodities Strategy Trust Company Profile

BlackRock Resources & Commodities Strategy Trust (NYSE: BCX) is a closed-end management investment company focused on achieving total return through exposure to global commodities and natural resource sectors. Listed on the New York Stock Exchange, the trust offers investors a vehicle for diversified access to commodity markets, including energy, agriculture, metals and minerals, as well as related equities. By packaging multiple exposure strategies within a single portfolio, BCX seeks to deliver returns that are uncorrelated with traditional equity and fixed-income benchmarks.

The trust pursues its objectives through a combination of direct and indirect instruments.