Blackrock Resources & Commodities Strategy Trust (NYSE:BCX) Shares Sold by 44 Wealth Management LLC

44 Wealth Management LLC trimmed its holdings in Blackrock Resources & Commodities Strategy Trust (NYSE:BCX) by 3.5% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 146,575 shares of the investment management company’s stock after selling 5,262 shares during the period. 44 Wealth Management LLC’s holdings in Blackrock Resources & Commodities Strategy Trust were worth $1,252,000 as of its most recent SEC filing.

Several other hedge funds also recently made changes to their positions in BCX. HighTower Advisors LLC bought a new stake in Blackrock Resources & Commodities Strategy Trust during the third quarter worth approximately $145,000. Raymond James & Associates lifted its position in shares of Blackrock Resources & Commodities Strategy Trust by 0.4% in the third quarter. Raymond James & Associates now owns 415,390 shares of the investment management company’s stock worth $3,988,000 after buying an additional 1,633 shares during the last quarter. International Assets Investment Management LLC grew its stake in Blackrock Resources & Commodities Strategy Trust by 860.3% in the 3rd quarter. International Assets Investment Management LLC now owns 517,271 shares of the investment management company’s stock valued at $53,882,000 after buying an additional 463,405 shares during the last quarter. Stephens Inc. AR lifted its holdings in shares of Blackrock Resources & Commodities Strategy Trust by 36.5% during the fourth quarter. Stephens Inc. AR now owns 49,409 shares of the investment management company’s stock worth $422,000 after buying an additional 13,225 shares during the last quarter. Finally, Rivernorth Capital Management LLC increased its stake in 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 period.

Blackrock Resources & Commodities Strategy Trust Stock Down 1.6 %

Shares of BCX stock opened at $9.18 on Friday. The stock’s fifty day simple moving average is $8.96 and its 200 day simple moving average is $9.17. Blackrock Resources & Commodities Strategy Trust has a one year low of $8.25 and a one year high of $9.74.

Blackrock Resources & Commodities Strategy Trust Announces Dividend

The company also recently declared a monthly dividend, which will be paid on Friday, February 28th. Shareholders 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 yield of 9.12%. 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.