Uhlmann Price Securities LLC Has $383,000 Position in BlackRock Energy and Resources Trust $BGR

Uhlmann Price Securities LLC reduced its holdings in BlackRock Energy and Resources Trust (NYSE:BGR) by 6.6% during the 2nd quarter, HoldingsChannel reports. The institutional investor owned 28,889 shares of the company’s stock after selling 2,037 shares during the quarter. Uhlmann Price Securities LLC’s holdings in BlackRock Energy and Resources Trust were worth $383,000 at the end of the most recent quarter.

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

BlackRock Energy and Resources Trust Trading Down 0.5%

BGR opened at $12.97 on Monday. The firm’s fifty day moving average is $13.42 and its two-hundred day moving average is $13.00. BlackRock Energy and Resources Trust has a twelve month low of $11.08 and a twelve month high of $13.94.

BlackRock Energy and Resources Trust Announces Dividend

The company also recently announced a monthly dividend, which will be paid on Friday, October 31st. Shareholders of record on Wednesday, October 15th will be issued a $0.0973 dividend. The ex-dividend date is Wednesday, October 15th. This represents a c) annualized dividend and a yield of 9.0%.

BlackRock Energy and Resources Trust Profile

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.