Blackrock Resources & Commodities Strategy Trust (NYSE:BCX) Shares Sold by Wolverine Asset Management LLC

Wolverine Asset Management LLC cut its holdings in shares of Blackrock Resources & Commodities Strategy Trust (NYSE:BCX) by 66.2% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 192,516 shares of the investment management company’s stock after selling 377,300 shares during the quarter. Wolverine Asset Management LLC’s holdings in Blackrock Resources & Commodities Strategy Trust were worth $1,710,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Clear Street Markets LLC acquired a new stake in shares of Blackrock Resources & Commodities Strategy Trust during the third quarter valued at about $52,000. EverSource Wealth Advisors LLC boosted its position in shares of Blackrock Resources & Commodities Strategy Trust by 103.9% during the third quarter. EverSource Wealth Advisors LLC now owns 5,914 shares of the investment management company’s stock worth $54,000 after buying an additional 3,013 shares during the period. NBC Securities Inc. acquired a new stake in shares of Blackrock Resources & Commodities Strategy Trust in the third quarter valued at $62,000. Raymond James Trust N.A. purchased a new stake in shares of Blackrock Resources & Commodities Strategy Trust in the 4th quarter valued at $94,000. Finally, CTC Alternative Strategies Ltd. acquired a new position in Blackrock Resources & Commodities Strategy Trust during the 4th quarter worth about $131,000.

Blackrock Resources & Commodities Strategy Trust Stock Down 0.1 %

NYSE BCX opened at $9.13 on Thursday. The stock has a 50-day moving average of $8.86 and a two-hundred day moving average of $8.79. Blackrock Resources & Commodities Strategy Trust has a 1-year low of $8.25 and a 1-year high of $9.87.

Blackrock Resources & Commodities Strategy Trust Dividend Announcement

The firm also recently disclosed a monthly dividend, which will be paid on Tuesday, April 30th. Stockholders of record on Monday, April 15th will be paid a $0.052 dividend. This represents a $0.62 annualized dividend and a dividend yield of 6.83%. The ex-dividend date of this dividend is Friday, April 12th.

About Blackrock Resources & Commodities Strategy Trust

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.