BlackRock Resources and Commodities (NYSE:BCX) Stake Decreased by Royce & Associates LP

Royce & Associates LP decreased its stake in shares of BlackRock Resources and Commodities (NYSE:BCX) by 41.8% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 320,100 shares of the investment management company’s stock after selling 230,000 shares during the quarter. Royce & Associates LP’s holdings in BlackRock Resources and Commodities were worth $2,564,000 at the end of the most recent reporting period.

Other institutional investors also recently modified their holdings of the company. IFP Advisors Inc increased its stake in BlackRock Resources and Commodities by 8.8% during the 2nd quarter. IFP Advisors Inc now owns 23,033 shares of the investment management company’s stock valued at $184,000 after purchasing an additional 1,869 shares in the last quarter. Peak Asset Management LLC increased its stake in BlackRock Resources and Commodities by 37.2% during the 2nd quarter. Peak Asset Management LLC now owns 66,852 shares of the investment management company’s stock valued at $535,000 after purchasing an additional 18,124 shares in the last quarter. BB&T Securities LLC increased its stake in BlackRock Resources and Commodities by 18.2% during the 2nd quarter. BB&T Securities LLC now owns 67,186 shares of the investment management company’s stock valued at $538,000 after purchasing an additional 10,327 shares in the last quarter. Stratos Wealth Partners LTD. increased its stake in BlackRock Resources and Commodities by 37.5% during the 2nd quarter. Stratos Wealth Partners LTD. now owns 194,049 shares of the investment management company’s stock valued at $1,554,000 after purchasing an additional 52,930 shares in the last quarter. Finally, Advisors Asset Management Inc. increased its stake in BlackRock Resources and Commodities by 27.2% during the 2nd quarter. Advisors Asset Management Inc. now owns 681,564 shares of the investment management company’s stock valued at $5,459,000 after purchasing an additional 145,807 shares in the last quarter.

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BlackRock Resources and Commodities (NYSE:BCX) traded down 0.67% during mid-day trading on Tuesday, hitting $8.87. 302,815 shares of the stock were exchanged. The company has a 50 day moving average price of $8.57 and a 200 day moving average price of $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 disclosed a monthly dividend, which will be paid on Friday, September 29th. Stockholders of record on Friday, September 15th will be given a dividend of $0.0516 per share. The ex-dividend date of this dividend is Thursday, September 14th. This represents a $0.62 annualized dividend and a dividend yield of 6.95%.

BlackRock Resources and Commodities Profile

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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