Blackrock Resources & Commodities Strategy Trust (NYSE:BCX) Plans $0.07 Monthly Dividend

Blackrock Resources & Commodities Strategy Trust (NYSE:BCX) announced a monthly dividend on Friday, January 2nd. Shareholders of record on Friday, February 13th will be given a dividend of 0.0697 per share by the investment management company on Friday, February 27th. This represents a c) dividend on an annualized basis and a yield of 6.4%. The ex-dividend date of this dividend is Friday, February 13th.

Blackrock Resources & Commodities Strategy Trust Trading Up 1.4%

Shares of BCX stock opened at $13.04 on Wednesday. The business’s 50 day moving average is $11.53 and its two-hundred day moving average is $10.50. Blackrock Resources & Commodities Strategy Trust has a twelve month low of $7.84 and a twelve month high of $13.05.

Hedge Funds Weigh In On Blackrock Resources & Commodities Strategy Trust

Several institutional investors have recently bought and sold shares of the company. Lazard Asset Management LLC lifted its stake in shares of Blackrock Resources & Commodities Strategy Trust by 42.5% in the 3rd 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 period. Invesco Ltd. lifted its position in 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 valued at $10,489,000 after purchasing an additional 23,655 shares during the period. 180 Wealth Advisors LLC lifted its position in 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 valued at $11,036,000 after purchasing an additional 130,100 shares during the period. Allspring Global Investments Holdings LLC boosted its holdings in Blackrock Resources & Commodities Strategy Trust by 25.5% in the 4th quarter. Allspring Global Investments Holdings LLC now owns 954,111 shares of the investment management company’s stock valued at $10,476,000 after purchasing an additional 193,587 shares in the last quarter. Finally, Bank of America Corp DE increased its position in Blackrock Resources & Commodities Strategy Trust by 6.6% during the 3rd quarter. Bank of America Corp DE now owns 618,576 shares of the investment management company’s stock worth $6,291,000 after purchasing an additional 38,112 shares during the period.

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.