IFP Advisors Inc reduced its holdings in BlackRock Resources and Commodities (NYSE:BCX) by 26.7% in the fourth quarter, HoldingsChannel reports. The institutional investor owned 12,204 shares of the investment management company’s stock after selling 4,451 shares during the period. IFP Advisors Inc’s holdings in BlackRock Resources and Commodities were worth $86,000 at the end of the most recent reporting period.

Several other large investors have also modified their holdings of the business. Great Lakes Advisors LLC purchased a new position in shares of BlackRock Resources and Commodities during the 3rd quarter worth about $153,000. Creative Planning boosted its stake in shares of BlackRock Resources and Commodities by 22.6% during the 3rd quarter. Creative Planning now owns 38,266 shares of the investment management company’s stock worth $347,000 after purchasing an additional 7,060 shares during the period. Oppenheimer & Co. Inc. boosted its stake in shares of BlackRock Resources and Commodities by 264.2% during the 3rd quarter. Oppenheimer & Co. Inc. now owns 51,950 shares of the investment management company’s stock worth $471,000 after purchasing an additional 37,686 shares during the period. Bank of Montreal Can purchased a new position in shares of BlackRock Resources and Commodities during the 3rd quarter worth about $507,000. Finally, Commonwealth Equity Services LLC boosted its stake in shares of BlackRock Resources and Commodities by 17.0% during the 3rd quarter. Commonwealth Equity Services LLC now owns 82,692 shares of the investment management company’s stock worth $750,000 after purchasing an additional 12,001 shares during the period.

BCX stock opened at $7.82 on Tuesday. BlackRock Resources and Commodities has a 12 month low of $6.65 and a 12 month high of $9.95.

The business also recently disclosed a monthly dividend, which will be paid on Thursday, February 28th. Investors of record on Friday, February 15th will be issued a dividend of $0.0516 per share. The ex-dividend date of this dividend is Thursday, February 14th. This represents a $0.62 dividend on an annualized basis and a yield of 7.92%.

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BlackRock Resources and Commodities Profile

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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Institutional Ownership by Quarter for BlackRock Resources and Commodities (NYSE:BCX)

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