Raymond James Trust N.A. Makes New Investment in Blackrock Resources & Commodities Strategy Trust (NYSE:BCX)
Raymond James Trust N.A. purchased a new stake in shares of Blackrock Resources & Commodities Strategy Trust (NYSE:BCX – Free Report) in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund purchased 10,551 shares of the investment management company’s stock, valued at approximately $94,000.
Several other institutional investors and hedge funds have also recently modified their holdings of the stock. Leibman Financial Services Inc. bought a new stake in shares of Blackrock Resources & Commodities Strategy Trust during the fourth quarter valued at approximately $186,000. Comerica Bank bought a new stake in shares of Blackrock Resources & Commodities Strategy Trust during the third quarter valued at approximately $136,000. Creative Planning bought a new stake in shares of Blackrock Resources & Commodities Strategy Trust during the third quarter valued at approximately $117,000. Penserra Capital Management LLC bought a new stake in shares of Blackrock Resources & Commodities Strategy Trust during the third quarter valued at approximately $7,428,000. Finally, Ameriprise Financial Inc. raised its stake in shares of Blackrock Resources & Commodities Strategy Trust by 4.6% during the third quarter. Ameriprise Financial Inc. now owns 2,437,859 shares of the investment management company’s stock valued at $22,447,000 after acquiring an additional 107,368 shares in the last quarter.
Blackrock Resources & Commodities Strategy Trust Stock Up 1.7 %
Blackrock Resources & Commodities Strategy Trust stock opened at $8.95 on Thursday. The company has a 50 day moving average price of $8.58 and a 200-day moving average price of $8.79. Blackrock Resources & Commodities Strategy Trust has a fifty-two week low of $8.25 and a fifty-two week high of $9.90.
Blackrock Resources & Commodities Strategy Trust Announces Dividend
The business also recently declared a monthly dividend, which will be paid on Thursday, March 28th. Stockholders of record on Friday, March 15th will be paid a dividend of $0.052 per share. This represents a $0.62 annualized dividend and a dividend yield of 6.97%. The ex-dividend date of this dividend is Thursday, March 14th.
Blackrock Resources & Commodities Strategy Trust Profile
Blackrock Resources & Commodities Strategy Trust is a closed-ended equity mutual fund launched by BlackRock, Inc It is co-managed by BlackRock Advisors, LLC and BlackRock International Limited. The fund invests in the public equity markets of the United States. It seeks to invest in stocks of companies operating in the commodities or natural resources sectors.
See Also
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