Nations Financial Group Inc. IA ADV Acquires 30,903 Shares of Blackrock Resources & Commodities Strategy Trust (NYSE:BCX)

Nations Financial Group Inc. IA ADV raised its holdings in Blackrock Resources & Commodities Strategy Trust (NYSE:BCX) by 132.3% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 54,265 shares of the investment management company’s stock after buying an additional 30,903 shares during the period. Nations Financial Group Inc. IA ADV’s holdings in Blackrock Resources & Commodities Strategy Trust were worth $521,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. Cetera Advisors LLC acquired a new stake in shares of Blackrock Resources & Commodities Strategy Trust in the first quarter valued at about $100,000. Sigma Planning Corp acquired a new position in shares of Blackrock Resources & Commodities Strategy Trust during the 3rd quarter worth approximately $104,000. Creekside Partners bought a new stake in shares of Blackrock Resources & Commodities Strategy Trust during the 2nd quarter worth approximately $119,000. Choreo LLC bought a new stake in shares of Blackrock Resources & Commodities Strategy Trust during the 2nd quarter worth approximately $123,000. Finally, Comerica Bank boosted its holdings in shares of Blackrock Resources & Commodities Strategy Trust by 10.1% in the 1st quarter. Comerica Bank now owns 15,920 shares of the investment management company’s stock valued at $145,000 after buying an additional 1,466 shares during the last quarter.

Blackrock Resources & Commodities Strategy Trust Stock Performance

Shares of BCX opened at $9.19 on Thursday. Blackrock Resources & Commodities Strategy Trust has a 1-year low of $8.25 and a 1-year high of $9.74. The company’s fifty day simple moving average is $9.38 and its 200 day simple moving average is $9.27.

Blackrock Resources & Commodities Strategy Trust Dividend Announcement

The company also recently disclosed a monthly dividend, which will be paid on Friday, November 29th. Stockholders of record on Friday, November 15th will be paid a dividend of $0.0518 per share. The ex-dividend date is Friday, November 15th. This represents a $0.62 annualized dividend and a dividend yield of 6.77%.

Blackrock Resources & Commodities Strategy Trust Company 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.