Kestra Advisory Services LLC Buys 132,168 Shares of Blackrock Resources & Commodities Strategy Trust $BCX

Kestra Advisory Services LLC grew its holdings in Blackrock Resources & Commodities Strategy Trust (NYSE:BCX) by 1,149.5% in the first quarter, HoldingsChannel reports. The institutional investor owned 143,666 shares of the investment management company’s stock after acquiring an additional 132,168 shares during the period. Kestra Advisory Services LLC’s holdings in Blackrock Resources & Commodities Strategy Trust were worth $1,731,000 at the end of the most recent reporting period.

Other hedge funds have also recently bought and sold shares of the company. UBS Group AG grew its position in shares of Blackrock Resources & Commodities Strategy Trust by 24.8% during the 4th quarter. UBS Group AG now owns 254,867 shares of the investment management company’s stock worth $2,798,000 after buying an additional 50,706 shares during the period. Northwestern Mutual Wealth Management Co. increased its stake in shares of 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 acquiring an additional 234,538 shares during the last quarter. Allspring Global Investments Holdings LLC raised its position in shares of 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 acquiring an additional 193,587 shares during the period. 180 Wealth Advisors LLC grew its holdings in Blackrock Resources & Commodities Strategy Trust by 14.9% during 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. Finally, Wealth Enhancement Advisory Services LLC increased its stake in Blackrock Resources & Commodities Strategy Trust by 25.0% in the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 16,142 shares of the investment management company’s stock valued at $184,000 after purchasing an additional 3,228 shares in the last quarter.

Blackrock Resources & Commodities Strategy Trust Price Performance

Shares of BCX stock opened at $11.46 on Tuesday. Blackrock Resources & Commodities Strategy Trust has a 12-month low of $9.40 and a 12-month high of $13.86. The firm has a fifty day moving average of $11.68 and a 200-day moving average of $12.07.

Blackrock Resources & Commodities Strategy Trust Announces Dividend

The business also recently disclosed a monthly dividend, which will be paid on Wednesday, September 30th. Investors of record on Tuesday, September 15th will be issued a dividend of $0.0697 per share. This represents a c) dividend on an annualized basis and a dividend yield of 7.3%. The ex-dividend date is Tuesday, September 15th.

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.