Benjamin F. Edwards & Company Inc. decreased its stake in shares of BlackRock Resources and Commodities (NYSE:BCX) by 5.2% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 97,994 shares of the investment management company’s stock after selling 5,409 shares during the period. Benjamin F. Edwards & Company Inc.’s holdings in BlackRock Resources and Commodities were worth $785,000 as of its most recent filing with the SEC.
Shares of BlackRock Resources and Commodities (BCX) traded down 1.05% during mid-day trading on Friday, reaching $8.30. The company’s stock had a trading volume of 229,917 shares. BlackRock Resources and Commodities has a 12 month low of $7.63 and a 12 month high of $8.99. The company has a 50 day moving average of $8.32 and a 200-day moving average of $8.46.
The business also recently declared a monthly dividend, which will be paid on Thursday, August 31st. Stockholders of record on Tuesday, August 15th will be paid a $0.0516 dividend. This represents a $0.62 dividend on an annualized basis and a dividend yield of 7.34%. The ex-dividend date is Friday, August 11th.
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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.
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