BlackRock Energy and Resources Trust (NYSE:BGR) Shares Sold by Vanguard Capital Wealth Advisors

Vanguard Capital Wealth Advisors cut its holdings in shares of BlackRock Energy and Resources Trust (NYSE:BGR) by 14.5% in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 10,007 shares of the company’s stock after selling 1,699 shares during the period. Vanguard Capital Wealth Advisors’ holdings in BlackRock Energy and Resources Trust were worth $132,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds also recently added to or reduced their stakes in the business. B. Riley Wealth Advisors Inc. acquired a new position in BlackRock Energy and Resources Trust in the first quarter valued at approximately $161,000. International Assets Investment Management LLC acquired a new position in shares of BlackRock Energy and Resources Trust in the 4th quarter valued at $388,000. All Season Financial Advisors Inc. boosted its holdings in BlackRock Energy and Resources Trust by 38.5% during the second quarter. All Season Financial Advisors Inc. now owns 43,452 shares of the company’s stock worth $574,000 after buying an additional 12,080 shares in the last quarter. Janney Montgomery Scott LLC grew its position in BlackRock Energy and Resources Trust by 4.0% during the fourth quarter. Janney Montgomery Scott LLC now owns 49,605 shares of the company’s stock valued at $618,000 after buying an additional 1,904 shares during the period. Finally, D.A. Davidson & CO. increased its holdings in BlackRock Energy and Resources Trust by 13.5% in the fourth quarter. D.A. Davidson & CO. now owns 103,080 shares of the company’s stock valued at $1,283,000 after buying an additional 12,287 shares in the last quarter.

BlackRock Energy and Resources Trust Stock Performance

NYSE:BGR opened at $12.28 on Thursday. BlackRock Energy and Resources Trust has a 52 week low of $11.86 and a 52 week high of $13.68. The stock’s 50-day moving average price is $13.02 and its 200-day moving average price is $13.04.

BlackRock Energy and Resources Trust Cuts Dividend

The firm also recently announced a monthly dividend, which will be paid on Monday, September 30th. Stockholders of record on Monday, September 16th will be given a dividend of $0.0657 per share. The ex-dividend date is Monday, September 16th. This represents a $0.79 dividend on an annualized basis and a dividend yield of 6.42%.

BlackRock Energy and Resources Trust Company Profile

BlackRock Energy and Resources Trust is a closed-ended equity mutual fund launched by BlackRock, Inc The fund is co-managed by BlackRock Advisors, LLC and BlackRock International Limited. It invests in public equity markets across the globe, with an emphasis on the United States. The fund seeks to invest in stocks of companies operating in the energy and natural resources sectors.