GWN Securities Inc. Makes New Investment in Blackrock Resources & Commodities Strategy Trust (NYSE:BCX)

GWN Securities Inc. purchased a new position in Blackrock Resources & Commodities Strategy Trust (NYSE:BCX) during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund purchased 20,159 shares of the investment management company’s stock, valued at approximately $184,000.

Other hedge funds have also bought and sold shares of the company. Wilmington Savings Fund Society FSB bought a new stake in shares of Blackrock Resources & Commodities Strategy Trust in the 3rd quarter worth about $35,000. Virtu Financial LLC bought a new stake in shares of Blackrock Resources & Commodities Strategy Trust in the 3rd quarter worth about $99,000. Tallon Kerry Patrick bought a new stake in shares of Blackrock Resources & Commodities Strategy Trust in the 4th quarter worth about $120,000. EverSource Wealth Advisors LLC increased its holdings in shares of Blackrock Resources & Commodities Strategy Trust by 97.3% in the 4th quarter. EverSource Wealth Advisors LLC now owns 14,703 shares of the investment management company’s stock worth $126,000 after buying an additional 7,250 shares during the last quarter. Finally, Valued Retirements Inc. bought a new stake in shares of Blackrock Resources & Commodities Strategy Trust in the 3rd quarter worth about $142,000.

Blackrock Resources & Commodities Strategy Trust Trading Up 0.4 %

Shares of NYSE:BCX opened at $9.29 on Wednesday. Blackrock Resources & Commodities Strategy Trust has a 12 month low of $8.41 and a 12 month high of $9.74. The firm’s 50-day moving average is $9.08 and its 200 day moving average is $9.17.

Blackrock Resources & Commodities Strategy Trust Announces Dividend

The business also recently announced a monthly dividend, which will be paid on Monday, March 31st. Shareholders of record on Friday, March 14th will be paid a $0.0697 dividend. The ex-dividend date of this dividend is Friday, March 14th. This represents a $0.84 dividend on an annualized basis and a yield of 9.00%.

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.