Blackrock Resources & Commodities Strategy Trust $BCX Shares Acquired by UBS Group AG

UBS Group AG increased its stake in Blackrock Resources & Commodities Strategy Trust (NYSE:BCXFree Report) by 24.8% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The fund owned 254,867 shares of the investment management company’s stock after acquiring an additional 50,706 shares during the period. UBS Group AG’s holdings in Blackrock Resources & Commodities Strategy Trust were worth $2,798,000 as of its most recent SEC filing.

Several other hedge funds have also modified their holdings of the stock. Lazard Asset Management LLC boosted its position in shares of Blackrock Resources & Commodities Strategy Trust by 42.5% in the third quarter. Lazard Asset Management LLC now owns 2,480,945 shares of the investment management company’s stock worth $25,231,000 after acquiring an additional 740,443 shares during the last quarter. Invesco Ltd. boosted its position in shares of Blackrock Resources & Commodities Strategy Trust by 2.2% in the second quarter. Invesco Ltd. now owns 1,109,900 shares of the investment management company’s stock worth $10,489,000 after acquiring an additional 23,655 shares during the last quarter. 180 Wealth Advisors LLC boosted its position in shares of Blackrock Resources & Commodities Strategy Trust by 14.9% in the fourth quarter. 180 Wealth Advisors LLC now owns 1,005,098 shares of the investment management company’s stock worth $11,036,000 after acquiring an additional 130,100 shares during the last quarter. Allspring Global Investments Holdings LLC boosted its position in shares of Blackrock Resources & Commodities Strategy Trust by 25.5% in the fourth quarter. Allspring Global Investments Holdings LLC now owns 954,111 shares of the investment management company’s stock worth $10,476,000 after acquiring an additional 193,587 shares during the last quarter. Finally, Bank of America Corp DE boosted its position in shares of Blackrock Resources & Commodities Strategy Trust by 6.6% in the third quarter. Bank of America Corp DE now owns 618,576 shares of the investment management company’s stock worth $6,291,000 after acquiring an additional 38,112 shares during the last quarter.

Blackrock Resources & Commodities Strategy Trust Price Performance

BCX opened at $12.03 on Tuesday. The company’s 50 day simple moving average is $12.16 and its 200 day simple moving average is $11.75. Blackrock Resources & Commodities Strategy Trust has a 1 year low of $9.12 and a 1 year high of $13.86.

Blackrock Resources & Commodities Strategy Trust Dividend Announcement

The business also recently announced a monthly dividend, which will be paid on Tuesday, June 30th. Investors of record on Monday, June 15th will be given a $0.0697 dividend. The ex-dividend date of this dividend is Monday, June 15th. This represents a c) annualized dividend and a dividend yield of 7.0%.

About Blackrock Resources & Commodities Strategy Trust

(Free Report)

BlackRock Resources & Commodities Strategy Trust (NYSE: BCX) is a closed-end management investment company focused on achieving total return through exposure to global commodities and natural resource sectors. Listed on the New York Stock Exchange, the trust offers investors a vehicle for diversified access to commodity markets, including energy, agriculture, metals and minerals, as well as related equities. By packaging multiple exposure strategies within a single portfolio, BCX seeks to deliver returns that are uncorrelated with traditional equity and fixed-income benchmarks.

The trust pursues its objectives through a combination of direct and indirect instruments.

Featured Stories

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 & Commodities Strategy Trust (NYSE:BCXFree Report).

Institutional Ownership by Quarter for Blackrock Resources & Commodities Strategy Trust (NYSE:BCX)

Receive News & Ratings for Blackrock Resources & Commodities Strategy Trust Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Blackrock Resources & Commodities Strategy Trust and related companies with MarketBeat.com's FREE daily email newsletter.