Investment Partners Asset Management Inc. Sells 2,363 Shares of Blackrock Resources & Commodities Strategy Trust (NYSE:BCX)

Investment Partners Asset Management Inc. reduced its stake in Blackrock Resources & Commodities Strategy Trust (NYSE:BCX) by 5.4% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 41,769 shares of the investment management company’s stock after selling 2,363 shares during the period. Investment Partners Asset Management Inc.’s holdings in Blackrock Resources & Commodities Strategy Trust were worth $357,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also added to or reduced their stakes in the company. Wilmington Savings Fund Society FSB acquired a new position in Blackrock Resources & Commodities Strategy Trust in the 3rd quarter valued at $35,000. Virtu Financial LLC acquired a new position in Blackrock Resources & Commodities Strategy Trust in the third quarter valued at about $99,000. Sigma Planning Corp bought a new stake in Blackrock Resources & Commodities Strategy Trust during the third quarter worth about $104,000. Tallon Kerry Patrick acquired a new stake in Blackrock Resources & Commodities Strategy Trust during the fourth quarter worth about $120,000. Finally, Valued Retirements Inc. acquired a new stake in Blackrock Resources & Commodities Strategy Trust during the third quarter worth about $142,000.

Blackrock Resources & Commodities Strategy Trust Stock Performance

Shares of NYSE:BCX opened at $9.08 on Thursday. The firm has a 50 day moving average of $8.97 and a 200-day moving average of $9.18. Blackrock Resources & Commodities Strategy Trust has a 12 month low of $8.25 and a 12 month high of $9.74.

Blackrock Resources & Commodities Strategy Trust Dividend Announcement

The firm also recently announced a monthly dividend, which will be paid on Friday, February 28th. Shareholders of record on Friday, February 14th will be issued a $0.0697 dividend. This represents a $0.84 dividend on an annualized basis and a dividend yield of 9.21%. The ex-dividend date is Friday, February 14th.

About Blackrock Resources & Commodities Strategy Trust

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.