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

Blackrock Resources & Commodities Strategy Trust (NYSE:BCX) declared a monthly dividend on Friday, January 2nd. Investors of record on Tuesday, January 20th will be given a dividend of 0.0697 per share by the investment management company on Friday, January 30th. This represents a c) dividend on an annualized basis and a dividend yield of 7.0%. The ex-dividend date of this dividend is Tuesday, January 20th.

Blackrock Resources & Commodities Strategy Trust Stock Performance

Shares of BCX stock opened at $11.90 on Friday. The stock’s 50-day moving average price is $10.73 and its 200 day moving average price is $10.17. Blackrock Resources & Commodities Strategy Trust has a 52-week low of $7.84 and a 52-week high of $11.92.

Hedge Funds Weigh In On Blackrock Resources & Commodities Strategy Trust

A number of large investors have recently bought and sold shares of the company. PNC Financial Services Group Inc. acquired a new position in shares of Blackrock Resources & Commodities Strategy Trust during the second quarter worth about $44,000. CWM LLC lifted its holdings in shares of Blackrock Resources & Commodities Strategy Trust by 69.0% in the 3rd quarter. CWM LLC now owns 5,327 shares of the investment management company’s stock valued at $54,000 after buying an additional 2,175 shares during the period. Allworth Financial LP boosted its stake in shares of Blackrock Resources & Commodities Strategy Trust by 181.2% in the second quarter. Allworth Financial LP now owns 5,623 shares of the investment management company’s stock valued at $53,000 after buying an additional 3,623 shares in the last quarter. Geneos Wealth Management Inc. grew its holdings in Blackrock Resources & Commodities Strategy Trust by 431.2% during the first quarter. Geneos Wealth Management Inc. now owns 7,442 shares of the investment management company’s stock worth $69,000 after acquiring an additional 6,041 shares during the period. Finally, Walleye Capital LLC purchased a new position in Blackrock Resources & Commodities Strategy Trust in the second quarter worth $96,000.

About Blackrock Resources & Commodities Strategy Trust

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.