Wolverine Asset Management LLC Has $1.37 Million Stock Position in Blackrock Resources & Commodities Strategy Trust (NYSE:BCX)

Wolverine Asset Management LLC lifted its stake in shares of Blackrock Resources & Commodities Strategy Trust (NYSE:BCX) by 8.7% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 160,125 shares of the investment management company’s stock after purchasing an additional 12,815 shares during the quarter. Wolverine Asset Management LLC’s holdings in Blackrock Resources & Commodities Strategy Trust were worth $1,367,000 at the end of the most recent reporting period.

Other large investors also recently made changes to their positions in the company. International Assets Investment Management LLC raised its stake in Blackrock Resources & Commodities Strategy Trust by 860.3% during the 3rd quarter. International Assets Investment Management LLC now owns 517,271 shares of the investment management company’s stock worth $53,882,000 after buying an additional 463,405 shares during the period. Rivernorth Capital Management LLC increased its holdings in shares of Blackrock Resources & Commodities Strategy Trust by 51.6% during the third quarter. Rivernorth Capital Management LLC now owns 962,498 shares of the investment management company’s stock valued at $9,240,000 after acquiring an additional 327,507 shares in the last quarter. Pathstone Holdings LLC raised its position 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. Ionic Capital Management LLC bought a new position in shares of Blackrock Resources & Commodities Strategy Trust in the 3rd quarter worth $710,000. Finally, 180 Wealth Advisors LLC grew its position in Blackrock Resources & Commodities Strategy Trust by 9.9% in the 4th quarter. 180 Wealth Advisors LLC now owns 637,370 shares of the investment management company’s stock valued at $5,443,000 after purchasing an additional 57,542 shares during the period.

Blackrock Resources & Commodities Strategy Trust Stock Performance

Shares of BCX stock opened at $9.18 on Friday. The firm has a fifty day simple moving average of $8.96 and a two-hundred day simple moving average of $9.17. 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 Announces Dividend

The firm also recently announced a monthly dividend, which will be paid on Friday, February 28th. Stockholders of record on Friday, February 14th will be given a dividend of $0.0697 per share. This represents a $0.84 annualized dividend and a dividend yield of 9.12%. The ex-dividend date of this dividend is Friday, February 14th.

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.