Cypress Capital Management LLC WY Purchases Shares of 40,275 Blackrock Resources & Commodities Strategy Trust $BCX

Cypress Capital Management LLC WY purchased a new stake in Blackrock Resources & Commodities Strategy Trust (NYSE:BCX) during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 40,275 shares of the investment management company’s stock, valued at approximately $456,000.

Other hedge funds have also modified their holdings of the company. UBS Group AG lifted its stake in Blackrock Resources & Commodities Strategy Trust by 24.8% in the 4th quarter. UBS Group AG now owns 254,867 shares of the investment management company’s stock valued at $2,798,000 after buying an additional 50,706 shares in the last quarter. Northwestern Mutual Wealth Management Co. lifted its position in shares of Blackrock Resources & Commodities Strategy Trust by 15,635.9% in the fourth 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 in the last quarter. Transcend Capital Advisors LLC boosted its stake in shares of Blackrock Resources & Commodities Strategy Trust by 522.0% during the second quarter. Transcend Capital Advisors LLC now owns 210,078 shares of the investment management company’s stock valued at $2,376,000 after acquiring an additional 176,305 shares during the last quarter. Basecamp Wealth Advisors LLC acquired a new stake in shares of Blackrock Resources & Commodities Strategy Trust during the first quarter valued at $1,046,000. Finally, Kestra Advisory Services LLC increased its position in Blackrock Resources & Commodities Strategy Trust by 1,149.5% during the 1st quarter. Kestra Advisory Services LLC now owns 143,666 shares of the investment management company’s stock worth $1,731,000 after purchasing an additional 132,168 shares in the last quarter.

Blackrock Resources & Commodities Strategy Trust Price Performance

Shares of BCX stock opened at $13.20 on Wednesday. The firm has a 50-day moving average price of $12.23 and a 200 day moving average price of $12.16. Blackrock Resources & Commodities Strategy Trust has a twelve month low of $9.68 and a twelve month high of $13.86.

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.