TrueMark Investments LLC Takes Position in Blackrock Resources & Commodities Strategy Trust $BCX

TrueMark Investments LLC acquired a new position in shares of Blackrock Resources & Commodities Strategy Trust (NYSE:BCX) in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund acquired 126,565 shares of the investment management company’s stock, valued at approximately $1,287,000.

Other hedge funds have also recently added to or reduced their stakes in the company. Ameriprise Financial Inc. lifted its stake in Blackrock Resources & Commodities Strategy Trust by 49.7% in the second quarter. Ameriprise Financial Inc. now owns 597,695 shares of the investment management company’s stock worth $5,648,000 after acquiring an additional 198,458 shares during the last quarter. 180 Wealth Advisors LLC raised its holdings in shares of Blackrock Resources & Commodities Strategy Trust by 13.5% in the 2nd quarter. 180 Wealth Advisors LLC now owns 810,666 shares of the investment management company’s stock valued at $7,661,000 after purchasing an additional 96,285 shares in the last quarter. Farther Finance Advisors LLC lifted its position in shares of Blackrock Resources & Commodities Strategy Trust by 11,939.0% during the 2nd quarter. Farther Finance Advisors LLC now owns 66,696 shares of the investment management company’s stock worth $630,000 after purchasing an additional 66,142 shares during the last quarter. Intellectus Partners LLC grew its stake in shares of Blackrock Resources & Commodities Strategy Trust by 23.2% during the second quarter. Intellectus Partners LLC now owns 348,021 shares of the investment management company’s stock worth $3,289,000 after purchasing an additional 65,459 shares in the last quarter. Finally, Jane Street Group LLC purchased a new position in Blackrock Resources & Commodities Strategy Trust in the second quarter valued at $409,000.

Blackrock Resources & Commodities Strategy Trust Stock Performance

Blackrock Resources & Commodities Strategy Trust stock opened at $12.41 on Friday. The stock’s fifty day moving average is $10.92 and its two-hundred day moving average is $10.25. Blackrock Resources & Commodities Strategy Trust has a 1-year low of $7.84 and a 1-year high of $12.46.

Blackrock Resources & Commodities Strategy Trust Announces Dividend

The firm also recently announced a monthly dividend, which will be paid on Tuesday, March 31st. Stockholders of record on Friday, March 13th will be given a dividend of $0.0697 per share. This represents a c) annualized dividend and a dividend yield of 6.7%. The ex-dividend date of this dividend is Friday, March 13th.

Blackrock Resources & Commodities Strategy Trust 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.