Intellectus Partners LLC Has $1.85 Million Position in Blackrock Resources & Commodities Strategy Trust (NYSE:BCX)

Intellectus Partners LLC lifted its holdings in Blackrock Resources & Commodities Strategy Trust (NYSE:BCX) by 9.2% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 215,989 shares of the investment management company’s stock after buying an additional 18,150 shares during the period. Intellectus Partners LLC’s holdings in Blackrock Resources & Commodities Strategy Trust were worth $1,845,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also modified their holdings of BCX. Raymond James Financial Inc. purchased a new stake in Blackrock Resources & Commodities Strategy Trust in the 4th quarter worth about $7,951,000. Rivernorth Capital Management LLC lifted its position in shares of Blackrock Resources & Commodities Strategy Trust by 51.6% in the third quarter. Rivernorth Capital Management LLC now owns 962,498 shares of the investment management company’s stock worth $9,240,000 after purchasing an additional 327,507 shares in the last quarter. Pathstone Holdings LLC boosted its holdings in shares of Blackrock Resources & Commodities Strategy Trust by 58.2% during 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 period. Wolverine Asset Management LLC boosted its holdings in shares of Blackrock Resources & Commodities Strategy Trust by 4,803.8% during the third quarter. Wolverine Asset Management LLC now owns 147,310 shares of the investment management company’s stock worth $1,414,000 after purchasing an additional 144,306 shares during the period. Finally, Ionic Capital Management LLC purchased a new position in Blackrock Resources & Commodities Strategy Trust during the third quarter valued at approximately $710,000.

Blackrock Resources & Commodities Strategy Trust Trading Up 1.6 %

BCX stock opened at $9.05 on Friday. Blackrock Resources & Commodities Strategy Trust has a 12-month low of $8.41 and a 12-month high of $9.74. The company has a 50 day moving average of $9.02 and a two-hundred day moving average of $9.18.

Blackrock Resources & Commodities Strategy Trust Announces Dividend

The business also recently declared a monthly dividend, which will be paid on Monday, March 31st. Stockholders of record on Friday, March 14th will be paid a $0.0697 dividend. This represents a $0.84 dividend on an annualized basis and a dividend yield of 9.25%. The ex-dividend date of this dividend is Friday, March 14th.

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.