Vontobel Swiss Wealth Advisors AG lowered its stake in shares of BlackRock Resources and Commodities (NYSE:BCX) by 1.8% during the second quarter, according to its most recent Form 13F filing with the SEC. The fund owned 489,186 shares of the investment management company’s stock after selling 9,137 shares during the period. BlackRock Resources and Commodities comprises approximately 2.5% of Vontobel Swiss Wealth Advisors AG’s holdings, making the stock its 14th largest position. Vontobel Swiss Wealth Advisors AG’s holdings in BlackRock Resources and Commodities were worth $3,918,000 as of its most recent SEC filing.
Shares of BlackRock Resources and Commodities (BCX) traded up 0.35% during mid-day trading on Friday, hitting $8.60. 195,533 shares of the stock traded hands. The stock has a 50-day moving average of $8.21 and a 200-day moving average of $8.46. BlackRock Resources and Commodities has a 52 week low of $7.63 and a 52 week high of $8.99.
The business also recently announced a monthly dividend, which will be paid on Thursday, August 31st. Shareholders of record on Tuesday, August 15th will be given a $0.0516 dividend. The ex-dividend date is Friday, August 11th. This represents a $0.62 dividend on an annualized basis and a yield of 7.20%.
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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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