Pathstone Holdings LLC Purchases 286,553 Shares of Blackrock Resources & Commodities Strategy Trust (NYSE:BCX)

Pathstone Holdings LLC raised its position in Blackrock Resources & Commodities Strategy Trust (NYSE:BCX) by 58.2% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 779,152 shares of the investment management company’s stock after purchasing an additional 286,553 shares during the period. Pathstone Holdings LLC’s holdings in Blackrock Resources & Commodities Strategy Trust were worth $7,482,000 at the end of the most recent reporting period.

Other hedge funds have also recently made changes to their positions in the company. Janney Montgomery Scott LLC grew its position in Blackrock Resources & Commodities Strategy Trust by 3.5% during the first quarter. Janney Montgomery Scott LLC now owns 35,043 shares of the investment management company’s stock worth $318,000 after buying an additional 1,196 shares in the last quarter. Comerica Bank grew its holdings in shares of Blackrock Resources & Commodities Strategy Trust by 10.1% during the first quarter. Comerica Bank now owns 15,920 shares of the investment management company’s stock worth $145,000 after purchasing an additional 1,466 shares in the last quarter. Private Advisor Group LLC increased its position in shares of Blackrock Resources & Commodities Strategy Trust by 1.9% in the second quarter. Private Advisor Group LLC now owns 88,941 shares of the investment management company’s stock worth $817,000 after purchasing an additional 1,631 shares during the last quarter. Raymond James & Associates raised its stake in Blackrock Resources & Commodities Strategy Trust by 0.4% in the third quarter. Raymond James & Associates now owns 415,390 shares of the investment management company’s stock valued at $3,988,000 after purchasing an additional 1,633 shares in the last quarter. Finally, Blue Bell Private Wealth Management LLC lifted its position in Blackrock Resources & Commodities Strategy Trust by 13.6% during the second quarter. Blue Bell Private Wealth Management LLC now owns 25,972 shares of the investment management company’s stock valued at $239,000 after purchasing an additional 3,119 shares during the last quarter.

Blackrock Resources & Commodities Strategy Trust Price Performance

Shares of NYSE:BCX opened at $9.31 on Friday. The company’s fifty day moving average price is $9.40 and its 200-day moving average price is $9.27. Blackrock Resources & Commodities Strategy Trust has a one year low of $8.25 and a one year high of $9.74.

Blackrock Resources & Commodities Strategy Trust Announces Dividend

The company also recently announced a monthly dividend, which will be paid on Friday, November 29th. Investors of record on Friday, November 15th will be paid a $0.0518 dividend. The ex-dividend date of this dividend is Friday, November 15th. This represents a $0.62 dividend on an annualized basis and a yield of 6.68%.

About Blackrock Resources & Commodities Strategy Trust

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.