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

Blackrock Resources & Commodities Strategy Trust (NYSE:BCX) announced a monthly dividend on Friday, June 5th. Stockholders of record on Friday, August 14th will be given a dividend of 0.0697 per share by the investment management company on Monday, August 31st. This represents a c) dividend on an annualized basis and a dividend yield of 6.6%. The ex-dividend date of this dividend is Friday, August 14th.

Blackrock Resources & Commodities Strategy Trust Trading Up 0.2%

Shares of Blackrock Resources & Commodities Strategy Trust stock opened at $12.64 on Wednesday. Blackrock Resources & Commodities Strategy Trust has a 1 year low of $9.53 and a 1 year high of $13.86. The company has a 50-day moving average of $11.63 and a 200 day moving average of $12.12.

Hedge Funds Weigh In On Blackrock Resources & Commodities Strategy Trust

A number of institutional investors and hedge funds have recently made changes to their positions in the business. Global Retirement Partners LLC purchased a new position in shares of Blackrock Resources & Commodities Strategy Trust during the second quarter valued at approximately $238,000. Blue Bell Private Wealth Management LLC grew its stake in shares of 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 worth $90,000 after buying an additional 900 shares during the last quarter. Janney Montgomery Scott LLC increased its position in Blackrock Resources & Commodities Strategy Trust by 18.9% during the 2nd quarter. Janney Montgomery Scott LLC now owns 35,901 shares of the investment management company’s stock valued at $406,000 after buying an additional 5,700 shares in the last quarter. Transcend Capital Advisors LLC increased its position in Blackrock Resources & Commodities Strategy Trust by 522.0% during the 2nd quarter. Transcend Capital Advisors LLC now owns 210,078 shares of the investment management company’s stock valued at $2,376,000 after buying an additional 176,305 shares in the last quarter. Finally, Fiduciary Financial Group LLC raised its stake in Blackrock Resources & Commodities Strategy Trust by 3.2% during the second quarter. Fiduciary Financial Group LLC now owns 36,687 shares of the investment management company’s stock valued at $415,000 after buying an additional 1,149 shares during the last quarter.

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.