Tallon Kerry Patrick Makes New Investment in Blackrock Resources & Commodities Strategy Trust (NYSE:BCX)

Tallon Kerry Patrick acquired a new position in shares of Blackrock Resources & Commodities Strategy Trust (NYSE:BCX) in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund acquired 13,825 shares of the investment management company’s stock, valued at approximately $120,000.

Several other institutional investors also recently bought and sold shares of BCX. Rivernorth Capital Management LLC boosted its stake 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 valued at $9,240,000 after purchasing an additional 327,507 shares during the period. Pathstone Holdings LLC boosted its stake in shares of Blackrock Resources & Commodities Strategy Trust by 58.2% in the third quarter. Pathstone Holdings LLC now owns 779,152 shares of the investment management company’s stock valued at $7,482,000 after purchasing an additional 286,553 shares during the period. Stratos Wealth Partners LTD. boosted its stake in shares of Blackrock Resources & Commodities Strategy Trust by 14.4% in the third quarter. Stratos Wealth Partners LTD. now owns 685,525 shares of the investment management company’s stock valued at $6,581,000 after purchasing an additional 86,180 shares during the period. 180 Wealth Advisors LLC boosted its stake in shares of Blackrock Resources & Commodities Strategy Trust by 9.9% in the fourth 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. Finally, International Assets Investment Management LLC boosted its stake in shares of Blackrock Resources & Commodities Strategy Trust by 860.3% in the third quarter. International Assets Investment Management LLC now owns 517,271 shares of the investment management company’s stock valued at $53,882,000 after purchasing an additional 463,405 shares during the period.

Blackrock Resources & Commodities Strategy Trust Stock Performance

Shares of BCX stock opened at $9.12 on Friday. The firm has a fifty day simple moving average of $9.05 and a 200-day simple moving average of $9.21. Blackrock Resources & Commodities Strategy Trust has a twelve month low of $8.25 and a twelve month high of $9.74.

Blackrock Resources & Commodities Strategy Trust Dividend Announcement

The company also recently announced a monthly dividend, which will be paid on Friday, January 31st. Stockholders of record on Wednesday, January 15th will be paid a $0.0697 dividend. The ex-dividend date is Wednesday, January 15th. This represents a $0.84 annualized dividend and a dividend yield of 9.18%.

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.