Wolverine Asset Management LLC Has $1.41 Million Stock Position in Blackrock Resources & Commodities Strategy Trust (NYSE:BCX)

Wolverine Asset Management LLC lifted its stake in shares of Blackrock Resources & Commodities Strategy Trust (NYSE:BCX) by 4,803.8% during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 147,310 shares of the investment management company’s stock after purchasing an additional 144,306 shares during the period. Wolverine Asset Management LLC’s holdings in Blackrock Resources & Commodities Strategy Trust were worth $1,414,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Sigma Planning Corp bought a new position in Blackrock Resources & Commodities Strategy Trust during the 3rd quarter worth $104,000. Cetera Advisors LLC acquired a new stake in Blackrock Resources & Commodities Strategy Trust in the first quarter valued at about $100,000. Creekside Partners acquired a new stake in Blackrock Resources & Commodities Strategy Trust in the second quarter valued at about $119,000. Choreo LLC bought a new position in Blackrock Resources & Commodities Strategy Trust in the second quarter valued at about $123,000. Finally, Comerica Bank raised its position in Blackrock Resources & Commodities Strategy Trust by 10.1% in the first quarter. Comerica Bank now owns 15,920 shares of the investment management company’s stock valued at $145,000 after purchasing an additional 1,466 shares during the last quarter.

Blackrock Resources & Commodities Strategy Trust Trading Down 2.4 %

Blackrock Resources & Commodities Strategy Trust stock opened at $9.22 on Wednesday. Blackrock Resources & Commodities Strategy Trust has a 12 month low of $8.25 and a 12 month high of $9.74. The stock has a 50-day moving average price of $9.37 and a two-hundred day moving average price of $9.27.

Blackrock Resources & Commodities Strategy Trust Dividend Announcement

The firm also recently announced a monthly dividend, which will be paid on Friday, November 29th. Shareholders of record on Friday, November 15th will be issued a $0.0518 dividend. The ex-dividend date is Friday, November 15th. This represents a $0.62 dividend on an annualized basis and a yield of 6.74%.

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.