Blackrock Resources & Commodities Strategy Trust (BCX) to Distribute Monthly Dividend of $0.07 on September 30th

Blackrock Resources & Commodities Strategy Trust (NYSE:BCX) declared a monthly dividend on Friday, June 5th. Investors of record on Tuesday, September 15th will be given a dividend of 0.0697 per share by the investment management company on Wednesday, September 30th. This represents a c) dividend on an annualized basis and a yield of 6.5%. The ex-dividend date of this dividend is Tuesday, September 15th.

Blackrock Resources & Commodities Strategy Trust Stock Down 0.6%

BCX stock opened at $12.91 on Friday. The stock’s 50 day simple moving average is $12.33 and its 200 day simple moving average is $12.17. Blackrock Resources & Commodities Strategy Trust has a fifty-two week low of $9.68 and a fifty-two week high of $13.86.

Hedge Funds Weigh In On Blackrock Resources & Commodities Strategy Trust

A number of institutional investors have recently modified their holdings of the company. Lazard Asset Management LLC boosted its position in shares of Blackrock Resources & Commodities Strategy Trust by 42.5% during the third quarter. Lazard Asset Management LLC now owns 2,480,945 shares of the investment management company’s stock valued at $25,231,000 after buying an additional 740,443 shares during the last quarter. Northwestern Mutual Wealth Management Co. raised its position in Blackrock Resources & Commodities Strategy Trust by 15,635.9% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 236,038 shares of the investment management company’s stock valued at $2,592,000 after buying an additional 234,538 shares during the last quarter. Ameriprise Financial Inc. raised its position in Blackrock Resources & Commodities Strategy Trust by 49.7% in the 2nd quarter. Ameriprise Financial Inc. now owns 597,695 shares of the investment management company’s stock valued at $5,648,000 after buying an additional 198,458 shares during the last quarter. Transcend Capital Advisors LLC lifted its stake in Blackrock Resources & Commodities Strategy Trust by 522.0% during the 2nd quarter. Transcend Capital Advisors LLC now owns 210,078 shares of the investment management company’s stock valued at $2,376,000 after acquiring an additional 176,305 shares in the last quarter. Finally, Kestra Advisory Services LLC lifted its stake in Blackrock Resources & Commodities Strategy Trust by 1,149.5% during the 1st quarter. Kestra Advisory Services LLC now owns 143,666 shares of the investment management company’s stock valued at $1,731,000 after acquiring an additional 132,168 shares in the last quarter.

Blackrock Resources & Commodities Strategy Trust Company Profile

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.