Blackrock Resources & Commodities Strategy Trust $BCX Shares Purchased by Kestra Advisory Services LLC

Kestra Advisory Services LLC raised its holdings in Blackrock Resources & Commodities Strategy Trust (NYSE:BCXFree Report) by 1,149.5% in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 143,666 shares of the investment management company’s stock after acquiring an additional 132,168 shares during the quarter. Kestra Advisory Services LLC’s holdings in Blackrock Resources & Commodities Strategy Trust were worth $1,731,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Wells Fargo & Company MN grew its position in Blackrock Resources & Commodities Strategy Trust by 2.2% in the fourth quarter. Wells Fargo & Company MN now owns 4,101,251 shares of the investment management company’s stock worth $45,032,000 after buying an additional 87,072 shares during the last quarter. Lazard Asset Management LLC lifted its holdings in shares of Blackrock Resources & Commodities Strategy Trust by 19.1% during the fourth quarter. Lazard Asset Management LLC now owns 2,955,887 shares of the investment management company’s stock valued at $32,456,000 after purchasing an additional 474,942 shares during the last quarter. Invesco Ltd. lifted its holdings in shares of Blackrock Resources & Commodities Strategy Trust by 2.2% during 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 last quarter. 180 Wealth Advisors LLC boosted its position in shares of Blackrock Resources & Commodities Strategy Trust by 14.9% in the 4th 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, Allspring Global Investments Holdings LLC boosted 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 purchasing an additional 193,587 shares during the period.

Blackrock Resources & Commodities Strategy Trust Stock Performance

NYSE BCX opened at $11.46 on Tuesday. Blackrock Resources & Commodities Strategy Trust has a 1 year low of $9.40 and a 1 year high of $13.86. The stock’s 50-day moving average price is $11.68 and its two-hundred day moving average price is $12.07.

Blackrock Resources & Commodities Strategy Trust Dividend Announcement

The business also recently declared 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) annualized dividend and a dividend yield of 7.3%. The ex-dividend date is Tuesday, September 15th.

About Blackrock Resources & Commodities Strategy Trust

(Free Report)

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.

Further Reading

Institutional Ownership by Quarter for Blackrock Resources & Commodities Strategy Trust (NYSE:BCX)

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