BlackRock Energy and Resources Trust (NYSE:BGR) Shares Acquired by Samalin Investment Counsel LLC

Samalin Investment Counsel LLC lifted its holdings in shares of BlackRock Energy and Resources Trust (NYSE:BGR) by 6.9% during the 4th quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 67,267 shares of the company’s stock after acquiring an additional 4,368 shares during the period. Samalin Investment Counsel LLC’s holdings in BlackRock Energy and Resources Trust were worth $848,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also made changes to their positions in the business. Raymond James Financial Inc. acquired a new stake in shares of BlackRock Energy and Resources Trust during the 4th quarter worth about $4,869,000. Advisors Asset Management Inc. raised its position in shares of BlackRock Energy and Resources Trust by 16.5% during the 4th quarter. Advisors Asset Management Inc. now owns 258,499 shares of the company’s stock worth $3,260,000 after acquiring an additional 36,677 shares in the last quarter. Truist Financial Corp raised its position in shares of BlackRock Energy and Resources Trust by 5.0% during the 4th quarter. Truist Financial Corp now owns 135,942 shares of the company’s stock worth $1,714,000 after acquiring an additional 6,506 shares in the last quarter. Private Advisor Group LLC raised its position in shares of BlackRock Energy and Resources Trust by 25.5% during the 4th quarter. Private Advisor Group LLC now owns 18,525 shares of the company’s stock worth $234,000 after acquiring an additional 3,763 shares in the last quarter. Finally, Concurrent Investment Advisors LLC acquired a new stake in shares of BlackRock Energy and Resources Trust during the 4th quarter worth about $223,000.

BlackRock Energy and Resources Trust Stock Down 0.2 %

BGR opened at $13.47 on Friday. BlackRock Energy and Resources Trust has a 52 week low of $12.10 and a 52 week high of $13.94. The business’s 50 day moving average is $13.32 and its two-hundred day moving average is $13.15.

BlackRock Energy and Resources Trust Dividend Announcement

The company also recently declared a monthly dividend, which will be paid on Monday, March 31st. Shareholders of record on Friday, March 14th will be given a dividend of $0.0973 per share. This represents a $1.17 annualized dividend and a yield of 8.67%. The ex-dividend date is Friday, March 14th.

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.