44 Wealth Management LLC Sells 5,262 Shares of Blackrock Resources & Commodities Strategy Trust (NYSE:BCX)

44 Wealth Management LLC decreased its position in shares of Blackrock Resources & Commodities Strategy Trust (NYSE:BCX) by 3.5% in the 4th quarter, HoldingsChannel reports. The fund owned 146,575 shares of the investment management company’s stock after selling 5,262 shares during the period. 44 Wealth Management LLC’s holdings in Blackrock Resources & Commodities Strategy Trust were worth $1,252,000 as of its most recent SEC filing.

Several other institutional investors have also recently made changes to their positions in the company. Raymond James & Associates increased its stake in Blackrock Resources & Commodities Strategy Trust by 0.4% in the third quarter. Raymond James & Associates now owns 415,390 shares of the investment management company’s stock valued at $3,988,000 after acquiring an additional 1,633 shares during the last quarter. International Assets Investment Management LLC lifted its holdings in shares of Blackrock Resources & Commodities Strategy Trust by 860.3% during the 3rd quarter. International Assets Investment Management LLC now owns 517,271 shares of the investment management company’s stock valued at $53,882,000 after buying an additional 463,405 shares during the period. Sigma Planning Corp purchased a new position in shares of Blackrock Resources & Commodities Strategy Trust during the 3rd quarter valued at about $104,000. Tyler Stone Wealth Management boosted its stake in Blackrock Resources & Commodities Strategy Trust by 103.0% during the third quarter. Tyler Stone Wealth Management now owns 32,046 shares of the investment management company’s stock valued at $308,000 after buying an additional 16,256 shares during the last quarter. Finally, Wolverine Asset Management LLC lifted its holdings in shares of Blackrock Resources & Commodities Strategy Trust by 4,803.8% in the 3rd quarter. Wolverine Asset Management LLC now owns 147,310 shares of the investment management company’s stock worth $1,414,000 after acquiring an additional 144,306 shares during the last quarter.

Blackrock Resources & Commodities Strategy Trust Trading Down 1.6 %

Shares of Blackrock Resources & Commodities Strategy Trust stock opened at $9.18 on Friday. The company has a 50-day simple moving average of $8.96 and a two-hundred day simple moving average of $9.17. Blackrock Resources & Commodities Strategy Trust has a one year low of $8.25 and a one year high of $9.74.

Blackrock Resources & Commodities Strategy Trust Dividend Announcement

The firm also recently announced a monthly dividend, which will be paid on Friday, February 28th. Stockholders of record on Friday, February 14th will be given a dividend of $0.0697 per share. This represents a $0.84 dividend on an annualized basis and a dividend yield of 9.12%. The ex-dividend date of this dividend is Friday, February 14th.

Blackrock Resources & Commodities Strategy Trust Company Profile

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.