Fiduciary Financial Group LLC Reduces Stock Holdings in Blackrock Resources & Commodities Strategy Trust (NYSE:BCX)

Fiduciary Financial Group LLC lessened its position in shares of Blackrock Resources & Commodities Strategy Trust (NYSE:BCX) by 21.1% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 37,715 shares of the investment management company’s stock after selling 10,074 shares during the quarter. Fiduciary Financial Group LLC’s holdings in Blackrock Resources & Commodities Strategy Trust were worth $338,000 at the end of the most recent reporting period.

Other large investors have also added to or reduced their stakes in the company. HighTower Advisors LLC acquired a new position in Blackrock Resources & Commodities Strategy Trust in the 3rd quarter worth about $145,000. Raymond James & Associates raised its holdings in shares of Blackrock Resources & Commodities Strategy Trust by 0.4% during the third quarter. Raymond James & Associates now owns 415,390 shares of the investment management company’s stock valued at $3,988,000 after acquiring an additional 1,633 shares during the last quarter. International Assets Investment Management LLC raised its holdings in shares of Blackrock Resources & Commodities Strategy Trust by 860.3% during the third quarter. International Assets Investment Management LLC now owns 517,271 shares of the investment management company’s stock valued at $53,882,000 after acquiring an additional 463,405 shares during the last quarter. Rivernorth Capital Management LLC raised its holdings in shares of Blackrock Resources & Commodities Strategy Trust by 51.6% during the third quarter. Rivernorth Capital Management LLC now owns 962,498 shares of the investment management company’s stock valued at $9,240,000 after acquiring an additional 327,507 shares during the last quarter. Finally, Creekside Partners acquired a new position in shares of Blackrock Resources & Commodities Strategy Trust during the second quarter valued at approximately $119,000.

Blackrock Resources & Commodities Strategy Trust Stock Performance

BCX stock opened at $9.18 on Wednesday. The business has a 50 day simple moving average of $9.07 and a 200-day simple moving average of $9.21. Blackrock Resources & Commodities Strategy Trust has a 1 year low of $8.25 and a 1 year high of $9.74.

Blackrock Resources & Commodities Strategy Trust Dividend Announcement

The company also recently declared a monthly dividend, which will be paid on Friday, January 31st. Stockholders of record on Wednesday, January 15th will be given a dividend of $0.0697 per share. The ex-dividend date is Wednesday, January 15th. This represents a $0.84 annualized dividend and a dividend yield of 9.12%.

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.