Blackrock Resources & Commodities Strategy Trust $BCX Shares Sold by Bank of America Corp DE

Bank of America Corp DE reduced its position in Blackrock Resources & Commodities Strategy Trust (NYSE:BCX) by 8.8% in the 1st quarter, according to its most recent filing with the SEC. The fund owned 517,765 shares of the investment management company’s stock after selling 49,956 shares during the period. Bank of America Corp DE’s holdings in Blackrock Resources & Commodities Strategy Trust were worth $6,239,000 at the end of the most recent quarter.

Other large investors have also recently made changes to their positions in the company. Wells Fargo & Company MN lifted its stake 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 valued at $45,032,000 after buying an additional 87,072 shares during the last quarter. Lazard Asset Management LLC increased its holdings in shares of Blackrock Resources & Commodities Strategy Trust by 19.1% in the 4th quarter. Lazard Asset Management LLC now owns 2,955,887 shares of the investment management company’s stock valued at $32,456,000 after acquiring an additional 474,942 shares during the period. Invesco Ltd. increased its holdings in shares of Blackrock Resources & Commodities Strategy Trust by 2.2% in the 2nd quarter. Invesco Ltd. now owns 1,109,900 shares of the investment management company’s stock valued at $10,489,000 after acquiring an additional 23,655 shares during the period. 180 Wealth Advisors LLC raised its position in Blackrock Resources & Commodities Strategy Trust by 7.5% in the 1st quarter. 180 Wealth Advisors LLC now owns 1,080,074 shares of the investment management company’s stock valued at $13,015,000 after purchasing an additional 74,976 shares during the last quarter. Finally, Royal Bank of Canada raised its position in Blackrock Resources & Commodities Strategy Trust by 3.6% in the 1st quarter. Royal Bank of Canada now owns 790,271 shares of the investment management company’s stock valued at $9,523,000 after purchasing an additional 27,724 shares during the last quarter.

Blackrock Resources & Commodities Strategy Trust Trading Down 0.6%

Shares of NYSE:BCX opened at $13.13 on Thursday. Blackrock Resources & Commodities Strategy Trust has a 1-year low of $9.68 and a 1-year high of $13.86. The firm has a fifty day moving average price of $11.88 and a 200 day moving average price of $12.15.

Blackrock Resources & Commodities Strategy Trust Dividend Announcement

The firm also recently announced a monthly dividend, which will be paid on Wednesday, September 30th. Stockholders of record on Tuesday, September 15th will be paid a dividend of $0.0697 per share. The ex-dividend date is Tuesday, September 15th. This represents a c) annualized dividend and a dividend yield of 6.4%.

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.