Patton Albertson Miller Group LLC continued to hold its position in BlackRock Resources and Commodities (NYSE:BCX) during the second quarter, Holdings Channel reports. The institutional investor owned 12,290 shares of the investment management company’s stock at the end of the second quarter. Patton Albertson Miller Group LLC’s holdings in BlackRock Resources and Commodities were worth $107,000 as of its most recent filing with the SEC.

A number of other institutional investors also recently bought and sold shares of BCX. Stratos Wealth Partners LTD. raised its position in BlackRock Resources and Commodities by 37.5% in the second quarter. Stratos Wealth Partners LTD. now owns 194,049 shares of the investment management company’s stock valued at $1,554,000 after buying an additional 52,930 shares during the period. Peak Asset Management LLC raised its position in BlackRock Resources and Commodities by 37.2% in the second quarter. Peak Asset Management LLC now owns 66,852 shares of the investment management company’s stock valued at $535,000 after buying an additional 18,124 shares during the period. Finally, IFP Advisors Inc raised its position in BlackRock Resources and Commodities by 8.8% in the second quarter. IFP Advisors Inc now owns 23,033 shares of the investment management company’s stock valued at $184,000 after buying an additional 1,869 shares during the period.

BlackRock Resources and Commodities (NYSE:BCX) opened at 8.31 on Friday. The firm has a 50-day moving average price of $8.33 and a 200 day moving average price of $8.46. BlackRock Resources and Commodities has a 1-year low of $7.63 and a 1-year high of $8.99.

The firm also recently disclosed a monthly dividend, which will be paid on Thursday, August 31st. Stockholders of record on Tuesday, August 15th will be issued a $0.0516 dividend. The ex-dividend date is Friday, August 11th. This represents a $0.62 dividend on an annualized basis and a dividend yield of 7.45%.

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About BlackRock Resources and Commodities

BlackRock Resources & Commodities Strategy Trust is a non-diversified, closed-end management investment company. The Trust’s primary investment objective is to seek high current income and current gains, with a secondary objective of capital appreciation. It will seek to achieve its investment objectives, under normal market conditions, by investing at least 80% of its total assets in equity securities issued by commodity or natural resources companies, derivatives with exposure to commodity or natural resources companies or investments in securities and derivatives linked to the underlying price movement of commodities or natural resources.

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

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