BlackRock Energy and Resources Trust (NYSE:BGR) Shares Sold by MML Investors Services LLC

MML Investors Services LLC reduced its position in shares of BlackRock Energy and Resources Trust (NYSE:BGR) by 25.9% in the 3rd quarter, HoldingsChannel reports. The firm owned 12,472 shares of the company’s stock after selling 4,355 shares during the period. MML Investors Services LLC’s holdings in BlackRock Energy and Resources Trust were worth $161,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors have also recently modified their holdings of the business. Brown Brothers Harriman & Co. acquired a new stake in shares of BlackRock Energy and Resources Trust in the 3rd quarter worth approximately $56,000. NBC Securities Inc. raised its holdings in BlackRock Energy and Resources Trust by 19.6% in the 3rd quarter. NBC Securities Inc. now owns 9,164 shares of the company’s stock valued at $118,000 after acquiring an additional 1,500 shares during the last quarter. Moors & Cabot Inc. acquired a new stake in BlackRock Energy and Resources Trust in the 3rd quarter worth about $137,000. Raymond James Trust N.A. acquired a new position in BlackRock Energy and Resources Trust during the third quarter worth approximately $159,000. Finally, Creative Planning acquired a new position in BlackRock Energy and Resources Trust in the second quarter valued at $416,000.

BlackRock Energy and Resources Trust Stock Performance

Shares of NYSE:BGR opened at $12.56 on Friday. The business has a 50-day moving average of $13.23 and a two-hundred day moving average of $13.06. BlackRock Energy and Resources Trust has a 12 month low of $11.86 and a 12 month high of $13.85.

BlackRock Energy and Resources Trust Announces Dividend

The firm also recently disclosed a monthly dividend, which was paid on Monday, December 23rd. Stockholders of record on Monday, December 16th were given a $0.0973 dividend. This represents a $1.17 annualized dividend and a dividend yield of 9.30%. The ex-dividend date was Monday, December 16th.

BlackRock Energy and Resources Trust Company Profile

BlackRock Energy and Resources Trust is a closed-ended equity mutual fund launched by BlackRock, Inc The fund is co-managed by BlackRock Advisors, LLC and BlackRock International Limited. It invests in public equity markets across the globe, with an emphasis on the United States. The fund seeks to invest in stocks of companies operating in the energy and natural resources sectors.