City of London Investment Management Co. Ltd. Acquires 262,451 Shares of BlackRock Energy and Resources Trust (NYSE:BGR)

City of London Investment Management Co. Ltd. boosted its holdings in BlackRock Energy and Resources Trust (NYSE:BGR) by 19.9% in the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 1,581,597 shares of the company’s stock after purchasing an additional 262,451 shares during the period. BlackRock Energy and Resources Trust makes up 1.8% of City of London Investment Management Co. Ltd.’s portfolio, making the stock its 18th largest position. City of London Investment Management Co. Ltd.’s holdings in BlackRock Energy and Resources Trust were worth $20,909,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently modified their holdings of the company. International Assets Investment Management LLC bought a new stake in shares of BlackRock Energy and Resources Trust in the 4th quarter valued at about $388,000. Janney Montgomery Scott LLC boosted its stake in shares of BlackRock Energy and Resources Trust by 4.0% during the fourth quarter. Janney Montgomery Scott LLC now owns 49,605 shares of the company’s stock valued at $618,000 after purchasing an additional 1,904 shares during the period. D.A. Davidson & CO. boosted its stake in shares of BlackRock Energy and Resources Trust by 13.5% during the fourth quarter. D.A. Davidson & CO. now owns 103,080 shares of the company’s stock valued at $1,283,000 after purchasing an additional 12,287 shares during the period. Twin Focus Capital Partners LLC bought a new position in shares of BlackRock Energy and Resources Trust in the fourth quarter worth approximately $1,855,000. Finally, B. Riley Wealth Advisors Inc. purchased a new position in shares of BlackRock Energy and Resources Trust in the first quarter worth $161,000.

BlackRock Energy and Resources Trust Trading Up 0.9 %

NYSE:BGR opened at $12.43 on Monday. BlackRock Energy and Resources Trust has a 52 week low of $11.86 and a 52 week high of $13.68. The company has a fifty day moving average of $12.98 and a 200 day moving average of $13.05.

BlackRock Energy and Resources Trust Dividend Announcement

The company also recently announced a dividend, which will be paid on Thursday, October 31st. Stockholders of record on Tuesday, October 15th will be issued a dividend of $0.0754 per share. The ex-dividend date is Tuesday, October 15th.

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.