City of London Investment Management Co. Ltd. Increases Holdings in Blackrock Resources & Commodities Strategy Trust $BCX

City of London Investment Management Co. Ltd. increased its position in Blackrock Resources & Commodities Strategy Trust (NYSE:BCX) by 59.8% during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 371,895 shares of the investment management company’s stock after acquiring an additional 139,234 shares during the period. City of London Investment Management Co. Ltd.’s holdings in Blackrock Resources & Commodities Strategy Trust were worth $3,782,000 as of its most recent SEC filing.

Other hedge funds have also recently bought and sold shares of the company. 180 Wealth Advisors LLC boosted its position in Blackrock Resources & Commodities Strategy Trust by 7.9% during the third quarter. 180 Wealth Advisors LLC now owns 874,998 shares of the investment management company’s stock worth $8,899,000 after purchasing an additional 64,332 shares in the last quarter. Envestnet Asset Management Inc. grew its holdings in Blackrock Resources & Commodities Strategy Trust by 21.8% in the second quarter. Envestnet Asset Management Inc. now owns 28,382 shares of the investment management company’s stock valued at $268,000 after purchasing an additional 5,072 shares during the last quarter. Creative Planning increased its position in shares of Blackrock Resources & Commodities Strategy Trust by 5.5% in the second quarter. Creative Planning now owns 123,380 shares of the investment management company’s stock valued at $1,166,000 after buying an additional 6,483 shares in the last quarter. TrueMark Investments LLC acquired a new position in shares of Blackrock Resources & Commodities Strategy Trust during the 3rd quarter worth $1,287,000. Finally, AlphaCore Capital LLC raised its stake in shares of Blackrock Resources & Commodities Strategy Trust by 9.8% during the 2nd quarter. AlphaCore Capital LLC now owns 52,287 shares of the investment management company’s stock worth $494,000 after buying an additional 4,688 shares during the last quarter.

Blackrock Resources & Commodities Strategy Trust Trading Down 2.4%

Blackrock Resources & Commodities Strategy Trust stock opened at $12.13 on Friday. Blackrock Resources & Commodities Strategy Trust has a 52 week low of $7.84 and a 52 week high of $13.86. The firm’s 50-day simple moving average is $12.45 and its 200 day simple moving average is $11.01.

Blackrock Resources & Commodities Strategy Trust Dividend Announcement

The firm also recently announced a monthly dividend, which will be paid on Tuesday, June 30th. Shareholders of record on Monday, June 15th will be given a dividend of $0.0697 per share. The ex-dividend date is Monday, June 15th. This represents a c) dividend on an annualized basis and a yield of 6.9%.

About Blackrock Resources & Commodities Strategy Trust

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.