International Assets Investment Management LLC Sells 463,370 Shares of Blackrock Resources & Commodities Strategy Trust (NYSE:BCX)

International Assets Investment Management LLC trimmed its holdings in shares of Blackrock Resources & Commodities Strategy Trust (NYSE:BCX) by 89.6% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 53,901 shares of the investment management company’s stock after selling 463,370 shares during the quarter. International Assets Investment Management LLC’s holdings in Blackrock Resources & Commodities Strategy Trust were worth $468,000 at the end of the most recent reporting period.

A number of other large investors have also recently made changes to their positions in BCX. Wilmington Savings Fund Society FSB purchased a new position in Blackrock Resources & Commodities Strategy Trust in the 3rd quarter worth about $35,000. Virtu Financial LLC purchased a new position in shares of Blackrock Resources & Commodities Strategy Trust during the third quarter worth approximately $99,000. Sigma Planning Corp bought a new stake in shares of Blackrock Resources & Commodities Strategy Trust during the third quarter valued at approximately $104,000. Creekside Partners bought a new stake in shares of Blackrock Resources & Commodities Strategy Trust during the second quarter valued at approximately $119,000. Finally, Choreo LLC purchased a new stake in shares of Blackrock Resources & Commodities Strategy Trust in the second quarter valued at approximately $123,000.

Blackrock Resources & Commodities Strategy Trust Stock Performance

BCX opened at $8.96 on Friday. The stock’s fifty day moving average is $9.08 and its two-hundred day moving average is $9.21. Blackrock Resources & Commodities Strategy Trust has a 52 week low of $8.25 and a 52 week high of $9.74.

Blackrock Resources & Commodities Strategy Trust Dividend Announcement

The firm also recently announced a monthly dividend, which will be paid on Friday, January 31st. Shareholders of record on Wednesday, January 15th will be issued a dividend of $0.0697 per share. This represents a $0.84 annualized dividend and a yield of 9.34%. The ex-dividend date of this dividend is Wednesday, January 15th.

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.