Mezzasalma Advisors LLC Makes New Investment in BlackRock Energy and Resources Trust (NYSE:BGR)

Mezzasalma Advisors LLC acquired a new stake in shares of BlackRock Energy and Resources Trust (NYSE:BGR) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 10,973 shares of the company’s stock, valued at approximately $138,000.

A number of other hedge funds have also recently modified their holdings of the business. NBC Securities Inc. boosted its stake in BlackRock Energy and Resources Trust by 19.6% during the third quarter. NBC Securities Inc. now owns 9,164 shares of the company’s stock worth $118,000 after acquiring an additional 1,500 shares in the last quarter. Brown Brothers Harriman & Co. bought a new stake in shares of BlackRock Energy and Resources Trust in the 3rd quarter worth approximately $56,000. Moors & Cabot Inc. purchased a new stake in shares of BlackRock Energy and Resources Trust in the 3rd quarter worth approximately $137,000. Raymond James Trust N.A. bought a new position in BlackRock Energy and Resources Trust during the 3rd quarter valued at approximately $159,000. Finally, Creative Planning purchased a new position in BlackRock Energy and Resources Trust during the second quarter valued at $416,000.

BlackRock Energy and Resources Trust Price Performance

NYSE BGR opened at $13.43 on Friday. BlackRock Energy and Resources Trust has a 12 month low of $12.00 and a 12 month high of $13.85. The stock’s fifty day moving average price is $13.14 and its 200-day moving average price is $13.09.

BlackRock Energy and Resources Trust Dividend Announcement

The company also recently declared a monthly dividend, which will be paid on Friday, February 28th. Stockholders of record on Friday, February 14th will be issued a dividend of $0.0973 per share. This represents a $1.17 dividend on an annualized basis and a dividend yield of 8.70%. The ex-dividend date of this dividend is Friday, February 14th.

BlackRock Energy and Resources Trust Company Profile

BlackRock Energy and Resources Trust is a closed-ended equity mutual fund launched by BlackRock, Inc The fund is co-managed by BlackRock Advisors, LLC and BlackRock International Limited. It invests in public equity markets across the globe, with an emphasis on the United States. The fund seeks to invest in stocks of companies operating in the energy and natural resources sectors.