Vontobel Swiss Wealth Advisors AG decreased its stake in BlackRock Resources and Commodities (NYSE:BCX) by 1.8% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor 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 portfolio, making the stock its 14th largest position. Vontobel Swiss Wealth Advisors AG’s holdings in BlackRock Resources and Commodities were worth $3,918,000 at the end of the most recent quarter.
BlackRock Resources and Commodities (NYSE:BCX) traded up 0.35% during mid-day trading on Friday, reaching $8.60. 195,533 shares of the company’s stock traded hands. The company 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 firm also recently announced a monthly dividend, which will be paid on Thursday, August 31st. Investors of record on Tuesday, August 15th will be paid a dividend of $0.0516 per share. This represents a $0.62 annualized dividend and a yield of 7.20%. The ex-dividend date of this dividend 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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