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

Blackrock Resources & Commodities Strategy Trust (NYSE:BCX) announced a monthly dividend on Thursday, September 10th. Investors 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 dividend yield of 6.4%. The ex-dividend date of this dividend is Friday, November 13th.

Blackrock Resources & Commodities Strategy Trust Price Performance

Shares of NYSE:BCX opened at $12.97 on Friday. The company’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 1 year low of $9.68 and a 1 year high of $13.86.

Institutional Inflows and Outflows

Institutional investors have recently bought and sold shares of the business. NewEdge Advisors LLC lifted its stake in shares of Blackrock Resources & Commodities Strategy Trust by 6.6% in the 1st quarter. NewEdge Advisors LLC now owns 73,411 shares of the investment management company’s stock valued at $685,000 after acquiring an additional 4,542 shares during the last quarter. Geneos Wealth Management Inc. increased its holdings in Blackrock Resources & Commodities Strategy Trust by 431.2% in the 1st quarter. Geneos Wealth Management Inc. now owns 7,442 shares of the investment management company’s stock worth $69,000 after purchasing an additional 6,041 shares in the last quarter. Cetera Investment Advisers increased its holdings in Blackrock Resources & Commodities Strategy Trust by 85.0% in the 2nd quarter. Cetera Investment Advisers now owns 79,761 shares of the investment management company’s stock worth $754,000 after purchasing an additional 36,637 shares in the last quarter. Invesco Ltd. raised its position in Blackrock Resources & Commodities Strategy Trust by 2.2% in the second quarter. Invesco Ltd. now owns 1,109,900 shares of the investment management company’s stock valued at $10,489,000 after purchasing an additional 23,655 shares during the last quarter. Finally, First Trust Advisors LP boosted its stake in shares of Blackrock Resources & Commodities Strategy Trust by 3.7% during the second quarter. First Trust Advisors LP now owns 50,198 shares of the investment management company’s stock valued at $474,000 after purchasing an additional 1,787 shares in the last quarter.

About Blackrock Resources & Commodities Strategy Trust

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.