104,600 Shares in BlackRock Resources and Commodities (BCX) Purchased by NINE MASTS CAPITAL Ltd

NINE MASTS CAPITAL Ltd bought a new position in BlackRock Resources and Commodities (NYSE:BCX) during the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund bought 104,600 shares of the investment management company’s stock, valued at approximately $838,000.

A number of other institutional investors have also recently bought and sold shares of the stock. Ameriprise Financial Inc. grew its position in shares of BlackRock Resources and Commodities by 5.8% during the second quarter. Ameriprise Financial Inc. now owns 1,060,004 shares of the investment management company’s stock worth $8,452,000 after purchasing an additional 58,019 shares in the last quarter. GRT Capital Partners L.L.C. grew its position in shares of BlackRock Resources and Commodities by 7.8% during the second quarter. GRT Capital Partners L.L.C. now owns 61,100 shares of the investment management company’s stock worth $489,000 after purchasing an additional 4,400 shares in the last quarter. Wells Fargo & Company MN grew its position in shares of BlackRock Resources and Commodities by 12.6% during the second quarter. Wells Fargo & Company MN now owns 7,612,008 shares of the investment management company’s stock worth $60,972,000 after purchasing an additional 852,775 shares in the last quarter. Stockman Wealth Management Inc. grew its position in shares of BlackRock Resources and Commodities by 164.2% during the second quarter. Stockman Wealth Management Inc. now owns 27,500 shares of the investment management company’s stock worth $220,000 after purchasing an additional 17,091 shares in the last quarter. Finally, Advisory Alpha LLC bought a new position in BlackRock Resources and Commodities during the second quarter valued at approximately $1,357,000.

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BlackRock Resources and Commodities (NYSE:BCX) opened at 8.89 on Friday. The company’s 50-day moving average price is $8.57 and its 200-day moving average price is $8.42. BlackRock Resources and Commodities has a 52 week low of $7.63 and a 52 week high of $8.99.

The business also recently declared a monthly dividend, which was paid on Friday, September 29th. Shareholders of record on Friday, September 15th were issued a $0.0516 dividend. The ex-dividend date was Thursday, September 14th. This represents a $0.62 dividend on an annualized basis and a dividend yield of 6.97%.

About BlackRock Resources and Commodities

BlackRock Resources & Commodities Strategy Trust is a non-diversified, closed-end management investment company. The Trust’s primary investment objective is to seek high current income and current gains, with a secondary objective of capital appreciation. It will seek to achieve its investment objectives, under normal market conditions, by investing at least 80% of its total assets in equity securities issued by commodity or natural resources companies, derivatives with exposure to commodity or natural resources companies or investments in securities and derivatives linked to the underlying price movement of commodities or natural resources.

Institutional Ownership by Quarter for BlackRock Resources and Commodities (NYSE:BCX)




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