Abel Hall LLC Purchases 24,000 Shares of Blackrock Resources & Commodities Strategy Trust $BCX

Abel Hall LLC lifted its position in shares of Blackrock Resources & Commodities Strategy Trust (NYSE:BCX) by 100.0% during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 48,000 shares of the investment management company’s stock after purchasing an additional 24,000 shares during the period. Abel Hall LLC’s holdings in Blackrock Resources & Commodities Strategy Trust were worth $454,000 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. NBC Securities Inc. grew its position in Blackrock Resources & Commodities Strategy Trust by 116,200.0% during the first quarter. NBC Securities Inc. now owns 4,652 shares of the investment management company’s stock worth $43,000 after buying an additional 4,648 shares in the last quarter. Geneos Wealth Management Inc. grew its position in Blackrock Resources & Commodities Strategy Trust by 431.2% during the first quarter. Geneos Wealth Management Inc. now owns 7,442 shares of the investment management company’s stock worth $69,000 after buying an additional 6,041 shares in the last quarter. Apollon Wealth Management LLC acquired a new stake in Blackrock Resources & Commodities Strategy Trust during the first quarter worth approximately $95,000. Park Avenue Securities LLC acquired a new stake in Blackrock Resources & Commodities Strategy Trust during the first quarter worth approximately $99,000. Finally, Choreo LLC grew its position in Blackrock Resources & Commodities Strategy Trust by 22.7% during the first quarter. Choreo LLC now owns 12,652 shares of the investment management company’s stock worth $118,000 after buying an additional 2,339 shares in the last quarter.

Blackrock Resources & Commodities Strategy Trust Price Performance

Shares of NYSE:BCX opened at $10.28 on Wednesday. Blackrock Resources & Commodities Strategy Trust has a 1 year low of $7.84 and a 1 year high of $10.50. The business’s 50 day simple moving average is $9.92 and its 200 day simple moving average is $9.47.

Blackrock Resources & Commodities Strategy Trust Dividend Announcement

The business also recently declared a monthly dividend, which will be paid on Friday, October 31st. Investors of record on Wednesday, October 15th will be given a dividend of $0.0697 per share. The ex-dividend date of this dividend is Wednesday, October 15th. This represents a c) dividend on an annualized basis and a yield of 8.1%.

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.