Blackrock Resources & Commodities Strategy Trust (NYSE:BCX) Declares Monthly Dividend of $0.07

Blackrock Resources & Commodities Strategy Trust (NYSE:BCX) declared a monthly dividend on Thursday, September 10th. Shareholders of record on Friday, November 13th will be given a dividend of 0.0697 per share by the investment management company on Monday, November 30th. This represents a c) annualized dividend and a yield of 6.4%. The ex-dividend date of this dividend is Friday, November 13th.

Blackrock Resources & Commodities Strategy Trust Trading Down 1.6%

NYSE:BCX opened at $12.97 on Friday. The business’s 50-day simple moving average is $12.30 and its 200-day simple moving average is $12.16. Blackrock Resources & Commodities Strategy Trust has a fifty-two week low of $9.68 and a fifty-two week high of $13.86.

Institutional Inflows and Outflows

Hedge funds have recently modified their holdings of the company. Blue Bell Private Wealth Management LLC boosted its holdings in Blackrock Resources & Commodities Strategy Trust by 12.8% in the 2nd quarter. Blue Bell Private Wealth Management LLC now owns 7,945 shares of the investment management company’s stock valued at $90,000 after purchasing an additional 900 shares during the period. Moors & Cabot Inc. boosted its stake in shares of Blackrock Resources & Commodities Strategy Trust by 9.7% in the third quarter. Moors & Cabot Inc. now owns 11,400 shares of the investment management company’s stock valued at $116,000 after buying an additional 1,005 shares during the period. NewEdge Advisors LLC grew its position in Blackrock Resources & Commodities Strategy Trust by 1.6% during the second quarter. NewEdge Advisors LLC now owns 64,896 shares of the investment management company’s stock worth $734,000 after buying an additional 1,011 shares in the last quarter. Nations Financial Group Inc. IA ADV grew its position in Blackrock Resources & Commodities Strategy Trust by 1.8% during the first quarter. Nations Financial Group Inc. IA ADV now owns 58,246 shares of the investment management company’s stock worth $702,000 after buying an additional 1,027 shares in the last quarter. Finally, Fiduciary Financial Group LLC increased its stake in Blackrock Resources & Commodities Strategy Trust by 3.2% during the 2nd quarter. Fiduciary Financial Group LLC now owns 36,687 shares of the investment management company’s stock worth $415,000 after acquiring an additional 1,149 shares during the period.

Blackrock Resources & Commodities Strategy Trust Company 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.