Raymond James Financial Services Advisors Inc. increased its position in shares of BlackRock Resources and Commodities (NYSE:BCX) by 10.8% during the 1st quarter, HoldingsChannel reports. The firm owned 533,362 shares of the investment management company’s stock after buying an additional 52,156 shares during the quarter. Raymond James Financial Services Advisors Inc.’s holdings in BlackRock Resources and Commodities were worth $4,358,000 at the end of the most recent reporting period.

A number of other institutional investors have also bought and sold shares of BCX. C J Advisory Inc acquired a new position in BlackRock Resources and Commodities in the first quarter worth approximately $29,000. Millennium Management LLC acquired a new position in BlackRock Resources and Commodities in the fourth quarter worth approximately $79,000. First Allied Advisory Services Inc. acquired a new position in BlackRock Resources and Commodities in the first quarter worth approximately $81,000. Sigma Planning Corp acquired a new position in BlackRock Resources and Commodities in the first quarter worth approximately $82,000. Finally, Pasadena Private Wealth LLC acquired a new position in BlackRock Resources and Commodities in the fourth quarter worth approximately $89,000.

BlackRock Resources and Commodities stock opened at $7.56 on Friday. BlackRock Resources and Commodities has a 1 year low of $6.65 and a 1 year high of $9.71.

The firm also recently declared a monthly dividend, which will be paid on Friday, May 31st. Shareholders of record on Wednesday, May 15th will be given a $0.0516 dividend. The ex-dividend date is Tuesday, May 14th. This represents a $0.62 annualized dividend and a yield of 8.19%.

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About BlackRock Resources and Commodities

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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Want to see what other hedge funds are holding BCX? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for BlackRock Resources and Commodities (NYSE:BCX).

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

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