Allspring Global Investments Holdings LLC Buys 193,587 Shares of Blackrock Resources & Commodities Strategy Trust $BCX

Allspring Global Investments Holdings LLC grew its holdings in shares of Blackrock Resources & Commodities Strategy Trust (NYSE:BCX) by 25.5% during the fourth quarter, according to the company in its most recent disclosure with the SEC. The fund owned 954,111 shares of the investment management company’s stock after buying an additional 193,587 shares during the quarter. Allspring Global Investments Holdings LLC’s holdings in Blackrock Resources & Commodities Strategy Trust were worth $10,476,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Lazard Asset Management LLC increased its holdings in Blackrock Resources & Commodities Strategy Trust by 42.5% during the third quarter. Lazard Asset Management LLC now owns 2,480,945 shares of the investment management company’s stock valued at $25,231,000 after buying an additional 740,443 shares during the period. Invesco Ltd. raised its position in shares of Blackrock Resources & Commodities Strategy Trust by 2.2% in the 2nd quarter. Invesco Ltd. now owns 1,109,900 shares of the investment management company’s stock worth $10,489,000 after acquiring an additional 23,655 shares in the last quarter. 180 Wealth Advisors LLC raised its position in shares of Blackrock Resources & Commodities Strategy Trust by 14.9% in the 4th quarter. 180 Wealth Advisors LLC now owns 1,005,098 shares of the investment management company’s stock worth $11,036,000 after acquiring an additional 130,100 shares in the last quarter. Bank of America Corp DE lifted its stake in shares of Blackrock Resources & Commodities Strategy Trust by 6.6% during the 3rd quarter. Bank of America Corp DE now owns 618,576 shares of the investment management company’s stock worth $6,291,000 after purchasing an additional 38,112 shares during the last quarter. Finally, Ameriprise Financial Inc. lifted its stake in shares of Blackrock Resources & Commodities Strategy Trust by 49.7% during the 2nd quarter. Ameriprise Financial Inc. now owns 597,695 shares of the investment management company’s stock worth $5,648,000 after purchasing an additional 198,458 shares during the last quarter.

Blackrock Resources & Commodities Strategy Trust Price Performance

NYSE BCX opened at $12.28 on Monday. The firm’s fifty day simple moving average is $12.51 and its two-hundred day simple moving average is $11.22. Blackrock Resources & Commodities Strategy Trust has a 12-month low of $7.84 and a 12-month high of $13.86.

Blackrock Resources & Commodities Strategy Trust Announces Dividend

The business also recently announced a monthly dividend, which will be paid on Tuesday, June 30th. Stockholders of record on Monday, June 15th will be paid a $0.0697 dividend. The ex-dividend date is Monday, June 15th. This represents a c) dividend on an annualized basis and a dividend yield of 6.8%.

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.