Mercer Global Advisors Inc. ADV trimmed its position in Blackrock Resources & Commodities Strategy Trust (NYSE:BCX – Get Rating) by 17.1% during the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 46,825 shares of the investment management company's stock after selling 9,633 shares during the period. Mercer Global Advisors Inc. ADV's holdings in Blackrock Resources & Commodities Strategy Trust were worth $517,000 at the end of the most recent reporting period.
A number of other institutional investors and hedge funds also recently added to or reduced their stakes in BCX. Prospera Financial Services Inc lifted its holdings in Blackrock Resources & Commodities Strategy Trust by 157.9% in the 1st quarter. Prospera Financial Services Inc now owns 610,316 shares of the investment management company's stock valued at $6,738,000 after purchasing an additional 373,713 shares in the last quarter. Wolverine Asset Management LLC lifted its holdings in shares of Blackrock Resources & Commodities Strategy Trust by 284.4% during the 4th quarter. Wolverine Asset Management LLC now owns 337,110 shares of the investment management company's stock worth $3,151,000 after acquiring an additional 249,423 shares during the period. Invesco Ltd. lifted its holdings in shares of Blackrock Resources & Commodities Strategy Trust by 9.5% during the 4th quarter. Invesco Ltd. now owns 1,375,706 shares of the investment management company's stock worth $12,863,000 after acquiring an additional 119,497 shares during the period. Greytown Advisors Inc. lifted its holdings in shares of Blackrock Resources & Commodities Strategy Trust by 109.1% during the 4th quarter. Greytown Advisors Inc. now owns 226,689 shares of the investment management company's stock worth $2,120,000 after acquiring an additional 118,300 shares during the period. Finally, Commonwealth Equity Services LLC lifted its holdings in shares of Blackrock Resources & Commodities Strategy Trust by 13.1% during the 1st quarter. Commonwealth Equity Services LLC now owns 907,615 shares of the investment management company's stock worth $10,020,000 after acquiring an additional 104,921 shares during the period.
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Blackrock Resources & Commodities Strategy Trust Trading Down 0.9 %
Shares of BCX stock opened at $9.65 on Monday. Blackrock Resources & Commodities Strategy Trust has a 1-year low of $7.91 and a 1-year high of $11.62. The firm's 50-day simple moving average is $9.00 and its 200-day simple moving average is $10.09.
Blackrock Resources & Commodities Strategy Trust Announces Dividend
The business also recently disclosed a monthly dividend, which will be paid on Wednesday, August 31st. Stockholders of record on Monday, August 15th will be issued a dividend of $0.045 per share. The ex-dividend date of this dividend is Friday, August 12th. This represents a $0.54 annualized dividend and a dividend yield of 5.60%.
Blackrock Resources & Commodities Strategy Trust Company Profile
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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.
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