Allspring Global Investments Holdings LLC Sells 288,880 Shares of BlackRock Energy and Resources Trust $BGR

Allspring Global Investments Holdings LLC trimmed its position in BlackRock Energy and Resources Trust (NYSE:BGR) by 26.7% in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 791,966 shares of the company’s stock after selling 288,880 shares during the period. Allspring Global Investments Holdings LLC’s holdings in BlackRock Energy and Resources Trust were worth $10,501,000 at the end of the most recent reporting period.

Several other large investors have also recently bought and sold shares of BGR. Garde Capital Inc. bought a new position in BlackRock Energy and Resources Trust in the 1st quarter valued at $30,000. Golden State Wealth Management LLC boosted its holdings in BlackRock Energy and Resources Trust by 66.4% in the 1st quarter. Golden State Wealth Management LLC now owns 2,766 shares of the company’s stock valued at $38,000 after purchasing an additional 1,104 shares during the period. PNC Financial Services Group Inc. boosted its holdings in BlackRock Energy and Resources Trust by 19.6% in the 1st quarter. PNC Financial Services Group Inc. now owns 6,091 shares of the company’s stock valued at $83,000 after purchasing an additional 1,000 shares during the period. Elequin Capital LP boosted its holdings in BlackRock Energy and Resources Trust by 96.3% in the 1st quarter. Elequin Capital LP now owns 6,355 shares of the company’s stock valued at $86,000 after purchasing an additional 3,117 shares during the period. Finally, Moors & Cabot Inc. bought a new position in BlackRock Energy and Resources Trust in the 1st quarter valued at $141,000.

BlackRock Energy and Resources Trust Price Performance

Shares of NYSE:BGR opened at $12.97 on Friday. The firm has a fifty day moving average price of $13.42 and a two-hundred day moving average price of $13.00. BlackRock Energy and Resources Trust has a one year low of $11.08 and a one year high of $13.94.

BlackRock Energy and Resources Trust Dividend Announcement

The business also recently disclosed a monthly dividend, which will be paid on Friday, October 31st. Stockholders of record on Wednesday, October 15th will be issued a dividend of $0.0973 per share. This represents a c) dividend on an annualized basis and a dividend yield of 9.0%. The ex-dividend date of this dividend is Wednesday, October 15th.

About BlackRock Energy and Resources Trust

BlackRock Energy and Resources Trust is a closed-ended equity mutual fund launched by BlackRock, Inc The fund is co-managed by BlackRock Advisors, LLC and BlackRock International Limited. It invests in public equity markets across the globe, with an emphasis on the United States. The fund seeks to invest in stocks of companies operating in the energy and natural resources sectors.