Wolverine Asset Management LLC Acquires 12,815 Shares of Blackrock Resources & Commodities Strategy Trust (NYSE:BCX)

Wolverine Asset Management LLC raised its stake in shares of Blackrock Resources & Commodities Strategy Trust (NYSE:BCX) by 8.7% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 160,125 shares of the investment management company’s stock after purchasing an additional 12,815 shares during the period. Wolverine Asset Management LLC’s holdings in Blackrock Resources & Commodities Strategy Trust were worth $1,367,000 at the end of the most recent quarter.

Several other large investors have also bought and sold shares of the stock. Raymond James & Associates increased its stake in shares of 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 buying an additional 1,633 shares during the period. Calamos Advisors LLC boosted its holdings in Blackrock Resources & Commodities Strategy Trust by 11.9% in the fourth quarter. Calamos Advisors LLC now owns 29,328 shares of the investment management company’s stock valued at $250,000 after acquiring an additional 3,127 shares during the last quarter. Wilmington Savings Fund Society FSB bought a new stake in Blackrock Resources & Commodities Strategy Trust in the third quarter valued at approximately $35,000. Nations Financial Group Inc. IA ADV increased its position in Blackrock Resources & Commodities Strategy Trust by 8.0% during the 4th quarter. Nations Financial Group Inc. IA ADV now owns 58,621 shares of the investment management company’s stock valued at $501,000 after purchasing an additional 4,356 shares during the period. Finally, Independent Wealth Network Inc. raised its holdings in Blackrock Resources & Commodities Strategy Trust by 41.2% during the 4th quarter. Independent Wealth Network Inc. now owns 30,210 shares of the investment management company’s stock worth $258,000 after purchasing an additional 8,816 shares during the last quarter.

Blackrock Resources & Commodities Strategy Trust Stock Performance

Shares of NYSE BCX opened at $9.18 on Friday. The company’s 50 day moving average price is $8.96 and its 200-day moving average price is $9.17. 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 company also recently announced a monthly dividend, which will be paid on Friday, February 28th. Investors of record on Friday, February 14th will be issued a $0.0697 dividend. The ex-dividend date is Friday, February 14th. This represents a $0.84 annualized dividend and a yield of 9.12%.

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.