Blackrock Resources & Commodities Strategy Trust (NYSE:BCX) Shares Sold by Blue Bell Private Wealth Management LLC

Blue Bell Private Wealth Management LLC lessened its stake in Blackrock Resources & Commodities Strategy Trust (NYSE:BCX) by 31.4% in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 16,158 shares of the investment management company’s stock after selling 7,384 shares during the quarter. Blue Bell Private Wealth Management LLC’s holdings in Blackrock Resources & Commodities Strategy Trust were worth $138,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Wilmington Savings Fund Society FSB acquired a new stake in Blackrock Resources & Commodities Strategy Trust during the third quarter worth $35,000. Virtu Financial LLC acquired a new stake in Blackrock Resources & Commodities Strategy Trust during the third quarter worth $99,000. Sigma Planning Corp acquired a new stake in Blackrock Resources & Commodities Strategy Trust during the third quarter worth $104,000. Tallon Kerry Patrick acquired a new stake in Blackrock Resources & Commodities Strategy Trust during the fourth quarter worth $120,000. Finally, Valued Retirements Inc. acquired a new stake in Blackrock Resources & Commodities Strategy Trust during the third quarter worth $142,000.

Blackrock Resources & Commodities Strategy Trust Price Performance

BCX stock opened at $9.05 on Friday. The business has a fifty day moving average of $9.02 and a two-hundred day moving average of $9.18. Blackrock Resources & Commodities Strategy Trust has a 52-week low of $8.41 and a 52-week high of $9.74.

Blackrock Resources & Commodities Strategy Trust Announces Dividend

The firm also recently announced a monthly dividend, which will be paid on Monday, March 31st. Shareholders of record on Friday, March 14th will be paid a dividend of $0.0697 per share. The ex-dividend date of this dividend is Friday, March 14th. This represents a $0.84 annualized dividend and a yield of 9.25%.

Blackrock Resources & Commodities Strategy Trust 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.