Investment Partners Asset Management Inc. Has $357,000 Stock Position in Blackrock Resources & Commodities Strategy Trust (NYSE:BCX)

Investment Partners Asset Management Inc. lessened its holdings in shares of Blackrock Resources & Commodities Strategy Trust (NYSE:BCX) by 5.4% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 41,769 shares of the investment management company’s stock after selling 2,363 shares during the period. Investment Partners Asset Management Inc.’s holdings in Blackrock Resources & Commodities Strategy Trust were worth $357,000 as of its most recent filing with the SEC.

Several other institutional investors also recently modified their holdings of the business. Rivernorth Capital Management LLC raised its position in Blackrock Resources & Commodities Strategy Trust by 51.6% during the 3rd quarter. Rivernorth Capital Management LLC now owns 962,498 shares of the investment management company’s stock worth $9,240,000 after purchasing an additional 327,507 shares during the last quarter. Pathstone Holdings LLC increased its stake in shares of Blackrock Resources & Commodities Strategy Trust by 58.2% in the third quarter. Pathstone Holdings LLC now owns 779,152 shares of the investment management company’s stock valued at $7,482,000 after buying an additional 286,553 shares during the period. Stratos Wealth Partners LTD. increased its stake in shares of Blackrock Resources & Commodities Strategy Trust by 5.7% in the fourth quarter. Stratos Wealth Partners LTD. now owns 724,574 shares of the investment management company’s stock valued at $6,188,000 after buying an additional 39,049 shares during the period. 180 Wealth Advisors LLC raised its position in shares of Blackrock Resources & Commodities Strategy Trust by 9.9% during the fourth quarter. 180 Wealth Advisors LLC now owns 637,370 shares of the investment management company’s stock worth $5,443,000 after acquiring an additional 57,542 shares during the last quarter. Finally, International Assets Investment Management LLC lifted its stake in shares of Blackrock Resources & Commodities Strategy Trust by 860.3% in the third quarter. International Assets Investment Management LLC now owns 517,271 shares of the investment management company’s stock worth $53,882,000 after acquiring an additional 463,405 shares during the period.

Blackrock Resources & Commodities Strategy Trust Price Performance

NYSE:BCX opened at $9.08 on Thursday. Blackrock Resources & Commodities Strategy Trust has a fifty-two week low of $8.25 and a fifty-two week high of $9.74. The company has a 50 day simple moving average of $8.97 and a two-hundred day simple moving average of $9.18.

Blackrock Resources & Commodities Strategy Trust Dividend Announcement

The company also recently disclosed a monthly dividend, which will be paid on Friday, February 28th. Stockholders of record on Friday, February 14th will be paid a $0.0697 dividend. This represents a $0.84 dividend on an annualized basis and a dividend yield of 9.21%. The ex-dividend date is Friday, February 14th.

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.