Intellectus Partners LLC Has $1.85 Million Position in Blackrock Resources & Commodities Strategy Trust (NYSE:BCX)

Intellectus Partners LLC raised its holdings in Blackrock Resources & Commodities Strategy Trust (NYSE:BCX) by 9.2% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 215,989 shares of the investment management company’s stock after acquiring an additional 18,150 shares during the quarter. Intellectus Partners LLC’s holdings in Blackrock Resources & Commodities Strategy Trust were worth $1,845,000 at the end of the most recent quarter.

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

Blackrock Resources & Commodities Strategy Trust Price Performance

Shares of NYSE BCX opened at $9.05 on Friday. The business’s 50-day simple moving average is $9.02 and its 200-day simple moving average is $9.18. Blackrock Resources & Commodities Strategy Trust has a 52 week low of $8.41 and a 52 week high of $9.74.

Blackrock Resources & Commodities Strategy Trust Announces Dividend

The business also recently declared a monthly dividend, which will be paid on Monday, March 31st. Shareholders of record on Friday, March 14th will be issued a dividend of $0.0697 per share. The ex-dividend date of this dividend is Friday, March 14th. This represents a $0.84 annualized dividend and a yield of 9.25%.

Blackrock Resources & Commodities Strategy Trust 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.