Allspring Global Investments Holdings LLC Sells 293,065 Shares of Blackrock Resources & Commodities Strategy Trust $BCX

Allspring Global Investments Holdings LLC trimmed its holdings in Blackrock Resources & Commodities Strategy Trust (NYSE:BCX) by 30.7% during the 1st quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 661,046 shares of the investment management company’s stock after selling 293,065 shares during the quarter. Allspring Global Investments Holdings LLC’s holdings in Blackrock Resources & Commodities Strategy Trust were worth $7,966,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently modified their holdings of the business. Moors & Cabot Inc. increased its stake in Blackrock Resources & Commodities Strategy Trust by 9.7% in the 3rd quarter. Moors & Cabot Inc. now owns 11,400 shares of the investment management company’s stock worth $116,000 after buying an additional 1,005 shares during the period. Nations Financial Group Inc. IA ADV lifted its holdings in Blackrock Resources & Commodities Strategy Trust by 1.8% during the 1st quarter. Nations Financial Group Inc. IA ADV now owns 58,246 shares of the investment management company’s stock valued at $702,000 after buying an additional 1,027 shares in the last quarter. Cetera Investment Advisers boosted its position in Blackrock Resources & Commodities Strategy Trust by 2.1% in the 4th quarter. Cetera Investment Advisers now owns 77,694 shares of the investment management company’s stock valued at $853,000 after buying an additional 1,592 shares during the period. Geneos Wealth Management Inc. boosted its position in 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 valued at $87,000 after buying an additional 1,758 shares during the period. Finally, First Trust Advisors LP grew its stake in Blackrock Resources & Commodities Strategy Trust by 3.7% in the 2nd quarter. First Trust Advisors LP now owns 50,198 shares of the investment management company’s stock worth $474,000 after acquiring an additional 1,787 shares in the last quarter.

Blackrock Resources & Commodities Strategy Trust Stock Up 0.5%

Blackrock Resources & Commodities Strategy Trust stock opened at $11.81 on Friday. The company has a 50 day moving average price of $11.64 and a 200-day moving average price of $12.09. Blackrock Resources & Commodities Strategy Trust has a fifty-two week low of $9.40 and a fifty-two week high of $13.86.

Blackrock Resources & Commodities Strategy Trust Dividend Announcement

The company also recently disclosed a monthly dividend, which will be paid on Wednesday, September 30th. Shareholders of record on Tuesday, September 15th will be issued a dividend of $0.0697 per share. This represents a c) annualized dividend and a yield of 7.1%. The ex-dividend date is Tuesday, September 15th.

Blackrock Resources & Commodities Strategy Trust 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.