GWN Securities Inc. Takes Position in Blackrock Resources & Commodities Strategy Trust $BCX

GWN Securities Inc. purchased a new stake in shares of Blackrock Resources & Commodities Strategy Trust (NYSE:BCX) in the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund purchased 16,169 shares of the investment management company’s stock, valued at approximately $153,000.

Several other institutional investors and hedge funds have also recently modified their holdings of the stock. Cambridge Investment Research Advisors Inc. raised its stake in Blackrock Resources & Commodities Strategy Trust by 30.4% in the first quarter. Cambridge Investment Research Advisors Inc. now owns 51,167 shares of the investment management company’s stock worth $477,000 after buying an additional 11,932 shares in the last quarter. Janney Montgomery Scott LLC raised its stake in Blackrock Resources & Commodities Strategy Trust by 6.8% in the first quarter. Janney Montgomery Scott LLC now owns 28,289 shares of the investment management company’s stock worth $264,000 after buying an additional 1,799 shares in the last quarter. Choreo LLC raised its stake in Blackrock Resources & Commodities Strategy Trust by 22.7% in the first quarter. Choreo LLC now owns 12,652 shares of the investment management company’s stock worth $118,000 after buying an additional 2,339 shares in the last quarter. Park Avenue Securities LLC raised its stake in Blackrock Resources & Commodities Strategy Trust by 23.1% in the second quarter. Park Avenue Securities LLC now owns 13,018 shares of the investment management company’s stock worth $123,000 after buying an additional 2,445 shares in the last quarter. Finally, Cetera Investment Advisers raised its stake in Blackrock Resources & Commodities Strategy Trust by 78.1% in the first quarter. Cetera Investment Advisers now owns 43,124 shares of the investment management company’s stock worth $402,000 after buying an additional 18,915 shares in the last quarter.

Blackrock Resources & Commodities Strategy Trust Price Performance

Shares of NYSE:BCX opened at $9.82 on Friday. Blackrock Resources & Commodities Strategy Trust has a 52 week low of $7.84 and a 52 week high of $10.50. The firm has a 50 day moving average of $10.03 and a 200 day moving average of $9.60.

Blackrock Resources & Commodities Strategy Trust Dividend Announcement

The firm also recently disclosed a monthly dividend, which will be paid on Friday, October 31st. Investors of record on Wednesday, October 15th will be paid a $0.0697 dividend. The ex-dividend date of this dividend is Wednesday, October 15th. This represents a c) dividend on an annualized basis and a yield of 8.5%.

About Blackrock Resources & Commodities Strategy Trust

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.