one8zero8 LLC Acquires New Position in BlackRock Energy and Resources Trust (NYSE:BGR)

one8zero8 LLC acquired a new stake in BlackRock Energy and Resources Trust (NYSE:BGR) during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor acquired 10,400 shares of the company’s stock, valued at approximately $131,000.

Several other large investors have also bought and sold shares of BGR. Raymond James Financial Inc. bought a new stake in BlackRock Energy and Resources Trust in the fourth quarter valued at approximately $4,869,000. Truist Financial Corp increased its stake in BlackRock Energy and Resources Trust by 5.0% in the fourth quarter. Truist Financial Corp now owns 135,942 shares of the company’s stock valued at $1,714,000 after purchasing an additional 6,506 shares in the last quarter. Private Advisor Group LLC increased its stake in BlackRock Energy and Resources Trust by 25.5% in the fourth quarter. Private Advisor Group LLC now owns 18,525 shares of the company’s stock valued at $234,000 after purchasing an additional 3,763 shares in the last quarter. Concurrent Investment Advisors LLC bought a new stake in BlackRock Energy and Resources Trust in the fourth quarter valued at approximately $223,000. Finally, Raymond James Trust N.A. bought a new stake in BlackRock Energy and Resources Trust in the third quarter valued at approximately $159,000.

BlackRock Energy and Resources Trust Stock Up 1.3 %

Shares of NYSE:BGR opened at $13.25 on Tuesday. BlackRock Energy and Resources Trust has a 52 week low of $12.10 and a 52 week high of $13.94. The company has a 50 day moving average price of $13.30 and a two-hundred day moving average price of $13.14.

BlackRock Energy and Resources Trust Dividend Announcement

The business also recently disclosed a monthly dividend, which will be paid on Monday, March 31st. Stockholders of record on Friday, March 14th will be given a dividend of $0.0973 per share. This represents a $1.17 annualized dividend and a dividend yield of 8.82%. The ex-dividend date is Friday, March 14th.

About BlackRock Energy and Resources Trust

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.