Koshinski Asset Management Inc. bought a new stake in shares of Blackrock Resources & Commodities Strategy Trust (NYSE:BCX) in the fourth quarter, Holdings Channel reports. The fund bought 8,037 shares of the investment management company’s stock, valued at approximately $1,433,000.
A number of other hedge funds and other institutional investors have also bought and sold shares of the stock. Guggenheim Capital LLC acquired a new position in shares of Blackrock Resources & Commodities Strategy Trust in the third quarter worth about $213,000. Cambridge Investment Research Advisors Inc. grew its stake in Blackrock Resources & Commodities Strategy Trust by 36.3% during the 4th quarter. Cambridge Investment Research Advisors Inc. now owns 44,024 shares of the investment management company’s stock valued at $326,000 after acquiring an additional 11,735 shares in the last quarter. Prospera Financial Services Inc grew its stake in Blackrock Resources & Commodities Strategy Trust by 8,605.6% during the 4th quarter. Prospera Financial Services Inc now owns 474,540 shares of the investment management company’s stock valued at $3,516,000 after acquiring an additional 469,089 shares in the last quarter. First Allied Advisory Services Inc. purchased a new stake in Blackrock Resources & Commodities Strategy Trust during the 3rd quarter valued at about $61,000. Finally, Lazard Asset Management LLC grew its stake in Blackrock Resources & Commodities Strategy Trust by 13.1% during the 4th quarter. Lazard Asset Management LLC now owns 3,590,683 shares of the investment management company’s stock valued at $26,606,000 after acquiring an additional 414,680 shares in the last quarter.
Shares of NYSE BCX opened at $9.19 on Friday. Blackrock Resources & Commodities Strategy Trust has a 12-month low of $5.01 and a 12-month high of $9.50. The company has a 50-day moving average of $9.08 and a 200 day moving average of $7.54.
The firm also recently disclosed a monthly dividend, which will be paid on Friday, April 30th. Investors of record on Thursday, April 15th will be paid a dividend of $0.04 per share. The ex-dividend date is Wednesday, April 14th. This represents a $0.48 annualized dividend and a yield of 5.22%.
Blackrock Resources & Commodities Strategy Trust Profile
Blackrock Resources & Commodities Strategy Trust is a closed-ended equity mutual fund launched by BlackRock, Inc It is co-managed by BlackRock Advisors, LLC and BlackRock International Limited. The fund invests in the public equity markets of the United States. It seeks to invest in stocks of companies operating in the commodities or natural resources sectors.
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