Brown Brothers Harriman & Co. Takes $56,000 Position in BlackRock Energy and Resources Trust (NYSE:BGR)

Brown Brothers Harriman & Co. acquired a new position in BlackRock Energy and Resources Trust (NYSE:BGR) in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund acquired 4,335 shares of the company’s stock, valued at approximately $56,000.

Other hedge funds also recently bought and sold shares of the company. B. Riley Wealth Advisors Inc. bought a new position in shares of BlackRock Energy and Resources Trust in the 1st quarter worth $161,000. Raymond James & Associates lifted its position in shares of BlackRock Energy and Resources Trust by 43.8% during the second quarter. Raymond James & Associates now owns 197,536 shares of the company’s stock valued at $2,611,000 after buying an additional 60,177 shares during the last quarter. All Season Financial Advisors Inc. lifted its position in shares of BlackRock Energy and Resources Trust by 38.5% during the second quarter. All Season Financial Advisors Inc. now owns 43,452 shares of the company’s stock valued at $574,000 after buying an additional 12,080 shares during the last quarter. Allspring Global Investments Holdings LLC boosted its holdings in shares of BlackRock Energy and Resources Trust by 15.2% in the 2nd quarter. Allspring Global Investments Holdings LLC now owns 1,842,055 shares of the company’s stock valued at $24,352,000 after buying an additional 242,603 shares in the last quarter. Finally, City of London Investment Management Co. Ltd. grew its position in shares of BlackRock Energy and Resources Trust by 19.9% in the 2nd quarter. City of London Investment Management Co. Ltd. now owns 1,581,597 shares of the company’s stock worth $20,909,000 after buying an additional 262,451 shares during the last quarter.

BlackRock Energy and Resources Trust Price Performance

NYSE:BGR opened at $13.69 on Friday. The firm has a 50 day moving average of $13.17 and a 200 day moving average of $13.07. BlackRock Energy and Resources Trust has a 52 week low of $11.86 and a 52 week high of $13.85.

BlackRock Energy and Resources Trust Announces Dividend

The firm also recently disclosed a monthly dividend, which will be paid on Monday, December 23rd. Stockholders of record on Monday, December 16th will be given a $0.0973 dividend. The ex-dividend date of this dividend is Monday, December 16th. This represents a $1.17 dividend on an annualized basis and a dividend yield of 8.53%.

About BlackRock Energy and Resources Trust

BlackRock Energy and Resources Trust is a closed-ended equity mutual fund launched by BlackRock, Inc The fund is co-managed by BlackRock Advisors, LLC and BlackRock International Limited. It invests in public equity markets across the globe, with an emphasis on the United States. The fund seeks to invest in stocks of companies operating in the energy and natural resources sectors.