Raymond James Trust N.A. Takes Position in BlackRock Energy and Resources Trust (NYSE:BGR)

Raymond James Trust N.A. bought a new position in shares of BlackRock Energy and Resources Trust (NYSE:BGR) during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm bought 12,366 shares of the company’s stock, valued at approximately $159,000.

Other hedge funds have also added to or reduced their stakes in the company. B. Riley Wealth Advisors Inc. acquired a new stake in shares of BlackRock Energy and Resources Trust during the first quarter worth $161,000. Moors & Cabot Inc. bought a new position in BlackRock Energy and Resources Trust during the third quarter worth about $137,000. Creative Planning bought a new position in BlackRock Energy and Resources Trust during the second quarter worth about $416,000. Raymond James & Associates boosted its holdings in BlackRock Energy and Resources Trust by 43.8% in the 2nd quarter. Raymond James & Associates now owns 197,536 shares of the company’s stock valued at $2,611,000 after purchasing an additional 60,177 shares during the period. Finally, NBC Securities Inc. boosted its holdings in BlackRock Energy and Resources Trust by 19.6% in the 3rd quarter. NBC Securities Inc. now owns 9,164 shares of the company’s stock valued at $118,000 after purchasing an additional 1,500 shares during the period.

BlackRock Energy and Resources Trust Stock Down 0.7 %

Shares of BGR opened at $13.69 on Friday. BlackRock Energy and Resources Trust has a 12 month low of $11.86 and a 12 month high of $13.85. The firm’s 50 day moving average is $13.17 and its 200-day moving average is $13.07.

BlackRock Energy and Resources Trust Announces Dividend

The business also recently disclosed a monthly dividend, which will be paid on Monday, December 23rd. Shareholders of record on Monday, December 16th will be paid a dividend of $0.0973 per share. The ex-dividend date is Monday, December 16th. This represents a $1.17 dividend on an annualized basis and a yield of 8.53%.

BlackRock Energy and Resources Trust Company Profile

BlackRock Energy and Resources Trust is a closed-ended equity mutual fund launched by BlackRock, Inc The fund is co-managed by BlackRock Advisors, LLC and BlackRock International Limited. It invests in public equity markets across the globe, with an emphasis on the United States. The fund seeks to invest in stocks of companies operating in the energy and natural resources sectors.