Nations Financial Group Inc. IA ADV Acquires 4,356 Shares of Blackrock Resources & Commodities Strategy Trust (NYSE:BCX)

Nations Financial Group Inc. IA ADV increased its stake in Blackrock Resources & Commodities Strategy Trust (NYSE:BCX) by 8.0% in the 4th quarter, HoldingsChannel reports. The institutional investor owned 58,621 shares of the investment management company’s stock after purchasing an additional 4,356 shares during the quarter. Nations Financial Group Inc. IA ADV’s holdings in Blackrock Resources & Commodities Strategy Trust were worth $501,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Wilmington Savings Fund Society FSB acquired a new position in shares of Blackrock Resources & Commodities Strategy Trust during the 3rd quarter worth approximately $35,000. Virtu Financial LLC acquired a new stake in shares of Blackrock Resources & Commodities Strategy Trust during the 3rd quarter worth $99,000. Sigma Planning Corp acquired a new stake in Blackrock Resources & Commodities Strategy Trust during the third quarter worth about $104,000. Tallon Kerry Patrick acquired a new stake in shares of Blackrock Resources & Commodities Strategy Trust during the 4th quarter worth approximately $120,000. Finally, Valued Retirements Inc. bought a new position in shares of Blackrock Resources & Commodities Strategy Trust in the 3rd quarter valued at $142,000.

Blackrock Resources & Commodities Strategy Trust Price Performance

Shares of NYSE BCX opened at $9.17 on Tuesday. The stock has a 50-day moving average price of $8.97 and a two-hundred day moving average price of $9.17. Blackrock Resources & Commodities Strategy Trust has a 12 month low of $8.25 and a 12 month high of $9.74.

Blackrock Resources & Commodities Strategy Trust Dividend Announcement

The business also recently announced a monthly dividend, which will be paid on Friday, February 28th. Shareholders of record on Friday, February 14th will be paid a dividend of $0.0697 per share. The ex-dividend date of this dividend is Friday, February 14th. This represents a $0.84 dividend on an annualized basis and a dividend yield of 9.13%.

Blackrock Resources & Commodities Strategy Trust Company 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.