Blackrock Resources & Commodities Strategy Trust (NYSE:BCX) Shares Sold by Stifel Financial Corp

Stifel Financial Corp decreased its holdings in shares of Blackrock Resources & Commodities Strategy Trust (NYSE:BCX) by 2.3% during the third quarter, according to its most recent disclosure with the SEC. The fund owned 330,606 shares of the investment management company’s stock after selling 7,801 shares during the period. Stifel Financial Corp’s holdings in Blackrock Resources & Commodities Strategy Trust were worth $3,174,000 at the end of the most recent quarter.

Other hedge funds have also recently modified their holdings of the company. Rivernorth Capital Management LLC grew its holdings in shares of Blackrock Resources & Commodities Strategy Trust by 51.6% during the third quarter. Rivernorth Capital Management LLC now owns 962,498 shares of the investment management company’s stock valued at $9,240,000 after buying an additional 327,507 shares during the last quarter. Ionic Capital Management LLC purchased a new stake in Blackrock Resources & Commodities Strategy Trust during the 3rd quarter valued at about $710,000. HighTower Advisors LLC acquired a new position in shares of Blackrock Resources & Commodities Strategy Trust in the third quarter valued at about $145,000. Pathstone Holdings LLC raised its stake in shares of Blackrock Resources & Commodities Strategy Trust by 58.2% in the third quarter. Pathstone Holdings LLC now owns 779,152 shares of the investment management company’s stock worth $7,482,000 after purchasing an additional 286,553 shares during the last quarter. Finally, Nations Financial Group Inc. IA ADV lifted its holdings in shares of Blackrock Resources & Commodities Strategy Trust by 132.3% during the third quarter. Nations Financial Group Inc. IA ADV now owns 54,265 shares of the investment management company’s stock worth $521,000 after purchasing an additional 30,903 shares during the period.

Blackrock Resources & Commodities Strategy Trust Trading Down 3.2 %

Shares of NYSE BCX opened at $8.75 on Wednesday. Blackrock Resources & Commodities Strategy Trust has a 52 week low of $8.25 and a 52 week high of $9.74. The business’s 50 day moving average price is $9.35 and its 200 day moving average price is $9.26.

Blackrock Resources & Commodities Strategy Trust Announces Dividend

The firm also recently disclosed a monthly dividend, which will be paid on Monday, December 23rd. Stockholders of record on Monday, December 16th will be issued a $0.0697 dividend. This represents a $0.84 annualized dividend and a dividend yield of 9.56%. The ex-dividend date is Monday, December 16th.

Blackrock Resources & Commodities Strategy Trust Company 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.