Blue Bell Private Wealth Management LLC cut its position in shares of BlackRock Resources and Commodities (NYSE:BCX) by 6.3% during the second quarter, according to its most recent disclosure with the SEC. The fund owned 21,526 shares of the investment management company’s stock after selling 1,436 shares during the period. Blue Bell Private Wealth Management LLC’s holdings in BlackRock Resources and Commodities were worth $172,000 as of its most recent SEC filing.
Shares of BlackRock Resources and Commodities (NYSE:BCX) opened at 8.60 on Friday. BlackRock Resources and Commodities has a 52 week low of $7.63 and a 52 week high of $8.99. The firm has a 50-day moving average price of $8.18 and a 200-day moving average price of $8.46.
The company also recently announced a monthly dividend, which will be paid on Monday, July 31st. Shareholders of record on Friday, July 14th will be issued a dividend of $0.0516 per share. The ex-dividend date of this dividend is Wednesday, July 12th. This represents a $0.62 dividend on an annualized basis and a dividend yield of 7.20%.
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BlackRock Resources and Commodities Company 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.
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