RB Capital Management LLC Sells 2,715 Shares of Blackrock Resources & Commodities Strategy Trust (NYSE:BCX)

RB Capital Management LLC lessened its position in Blackrock Resources & Commodities Strategy Trust (NYSE:BCX) by 4.1% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 63,944 shares of the investment management company’s stock after selling 2,715 shares during the period. RB Capital Management LLC’s holdings in Blackrock Resources & Commodities Strategy Trust were worth $614,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently modified their holdings of BCX. Comerica Bank increased its holdings in shares of Blackrock Resources & Commodities Strategy Trust by 10.1% during the 1st quarter. Comerica Bank now owns 15,920 shares of the investment management company’s stock worth $145,000 after acquiring an additional 1,466 shares during the last quarter. Cetera Advisors LLC acquired a new position in shares of Blackrock Resources & Commodities Strategy Trust in the first quarter valued at $100,000. 180 Wealth Advisors LLC raised its position in shares of Blackrock Resources & Commodities Strategy Trust by 13.1% in the second quarter. 180 Wealth Advisors LLC now owns 464,646 shares of the investment management company’s stock valued at $4,349,000 after purchasing an additional 53,881 shares during the period. Fiduciary Financial Group LLC bought a new position in shares of Blackrock Resources & Commodities Strategy Trust in the second quarter valued at about $610,000. Finally, Intellectus Partners LLC lifted its stake in shares of Blackrock Resources & Commodities Strategy Trust by 2.5% during the 2nd quarter. Intellectus Partners LLC now owns 205,162 shares of the investment management company’s stock worth $1,885,000 after buying an additional 5,048 shares during the last quarter.

Blackrock Resources & Commodities Strategy Trust Stock Up 1.1 %

Shares of BCX stock opened at $9.30 on Tuesday. Blackrock Resources & Commodities Strategy Trust has a 52 week low of $8.25 and a 52 week high of $9.74. The company has a 50-day simple moving average of $9.41 and a 200 day simple moving average of $9.26.

Blackrock Resources & Commodities Strategy Trust Announces Dividend

The company also recently announced a monthly dividend, which will be paid on Monday, December 23rd. Stockholders of record on Monday, December 16th will be given a $0.0697 dividend. This represents a $0.84 annualized dividend and a dividend yield of 8.99%. The ex-dividend date is Monday, December 16th.

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.