Wolverine Asset Management LLC Has $1.41 Million Stock Position in Blackrock Resources & Commodities Strategy Trust (NYSE:BCX)

Wolverine Asset Management LLC lifted its stake in Blackrock Resources & Commodities Strategy Trust (NYSE:BCX) by 4,803.8% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 147,310 shares of the investment management company’s stock after acquiring an additional 144,306 shares during the period. Wolverine Asset Management LLC’s holdings in Blackrock Resources & Commodities Strategy Trust were worth $1,414,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also modified their holdings of BCX. Raymond James & Associates boosted its stake in Blackrock Resources & Commodities Strategy Trust by 0.4% during the third quarter. Raymond James & Associates now owns 415,390 shares of the investment management company’s stock worth $3,988,000 after buying an additional 1,633 shares in the last quarter. International Assets Investment Management LLC boosted its stake in Blackrock Resources & Commodities Strategy Trust by 860.3% during the third 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 in the last quarter. Calamos Advisors LLC boosted its stake in Blackrock Resources & Commodities Strategy Trust by 46.4% during the second quarter. Calamos Advisors LLC now owns 26,082 shares of the investment management company’s stock worth $240,000 after buying an additional 8,267 shares in the last quarter. Cetera Advisors LLC acquired a new stake in Blackrock Resources & Commodities Strategy Trust during the first quarter worth $100,000. Finally, Comerica Bank boosted its stake in Blackrock Resources & Commodities Strategy Trust by 10.1% during the first quarter. Comerica Bank now owns 15,920 shares of the investment management company’s stock worth $145,000 after buying an additional 1,466 shares in the last quarter.

Blackrock Resources & Commodities Strategy Trust Trading Down 2.4 %

BCX opened at $9.22 on Wednesday. Blackrock Resources & Commodities Strategy Trust has a fifty-two week low of $8.25 and a fifty-two week high of $9.74. The firm’s fifty day moving average price is $9.37 and its two-hundred day moving average price is $9.27.

Blackrock Resources & Commodities Strategy Trust Announces Dividend

The company also recently announced a monthly dividend, which will be paid on Friday, November 29th. Stockholders of record on Friday, November 15th will be paid a $0.0518 dividend. The ex-dividend date of this dividend is Friday, November 15th. This represents a $0.62 annualized dividend and a dividend yield of 6.74%.

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.