National Asset Management Inc. bought a new position in shares of BlackRock Resources and Commodities (NYSE:BCX) during the 2nd quarter, according to its most recent filing with the SEC. The institutional investor bought 159,660 shares of the investment management company’s stock, valued at approximately $1,280,000.

A number of other institutional investors have also modified their holdings of the business. Punch & Associates Investment Management Inc. grew its holdings in BlackRock Resources and Commodities by 0.5% during the 2nd quarter. Punch & Associates Investment Management Inc. now owns 147,007 shares of the investment management company’s stock worth $1,178,000 after acquiring an additional 783 shares in the last quarter. IFP Advisors Inc grew its holdings in BlackRock Resources and Commodities by 8.8% during the 2nd quarter. IFP Advisors Inc now owns 23,033 shares of the investment management company’s stock worth $184,000 after acquiring an additional 1,869 shares in the last quarter. GRT Capital Partners L.L.C. grew its holdings in BlackRock Resources and Commodities by 7.8% during the 2nd quarter. GRT Capital Partners L.L.C. now owns 61,100 shares of the investment management company’s stock worth $489,000 after acquiring an additional 4,400 shares in the last quarter. BB&T Securities LLC grew its holdings in BlackRock Resources and Commodities by 18.2% during the 2nd quarter. BB&T Securities LLC now owns 67,186 shares of the investment management company’s stock worth $538,000 after acquiring an additional 10,327 shares in the last quarter. Finally, Goldman Sachs Group Inc. grew its holdings in BlackRock Resources and Commodities by 92.0% during the 2nd quarter. Goldman Sachs Group Inc. now owns 22,662 shares of the investment management company’s stock worth $182,000 after acquiring an additional 10,858 shares in the last quarter.

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Shares of BlackRock Resources and Commodities (NYSE BCX) traded down 0.34% on Thursday, reaching $8.91. 223,100 shares of the company’s stock traded hands. BlackRock Resources and Commodities has a 52 week low of $7.63 and a 52 week high of $9.03. The firm’s 50 day moving average is $8.79 and its 200 day moving average is $8.48.

The company also recently announced a monthly dividend, which will be paid on Tuesday, October 31st. Shareholders of record on Monday, October 16th will be given a $0.0516 dividend. This represents a $0.62 annualized dividend and a yield of 6.93%. The ex-dividend date is Friday, October 13th.

BlackRock Resources and Commodities Profile

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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