Blackrock Resources & Commodities Strategy Trust (NYSE:BCX) Position Increased by Wells Fargo & Company MN

Wells Fargo & Company MN increased its stake in Blackrock Resources & Commodities Strategy Trust (NYSE:BCX) by 1.7% during the 4th quarter, HoldingsChannel reports. The firm owned 4,897,562 shares of the investment management company’s stock after acquiring an additional 82,496 shares during the period. Wells Fargo & Company MN’s holdings in Blackrock Resources & Commodities Strategy Trust were worth $41,825,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also made changes to their positions in the company. Curio Wealth LLC bought a new stake in shares of Blackrock Resources & Commodities Strategy Trust in the 4th quarter worth approximately $28,000. Wilmington Savings Fund Society FSB bought a new stake in shares of Blackrock Resources & Commodities Strategy Trust in the 3rd quarter worth approximately $35,000. Virtu Financial LLC bought a new stake in shares of Blackrock Resources & Commodities Strategy Trust in the 3rd quarter worth approximately $99,000. Thrivent Financial for Lutherans bought a new stake in Blackrock Resources & Commodities Strategy Trust during the 4th quarter valued at $111,000. Finally, Tallon Kerry Patrick bought a new stake in Blackrock Resources & Commodities Strategy Trust during the 4th quarter valued at $120,000.

Blackrock Resources & Commodities Strategy Trust Stock Up 5.1 %

Shares of Blackrock Resources & Commodities Strategy Trust stock opened at $8.49 on Thursday. The business’s fifty day moving average price is $9.02 and its two-hundred day moving average price is $9.15. Blackrock Resources & Commodities Strategy Trust has a 1-year low of $7.84 and a 1-year high of $9.74.

Blackrock Resources & Commodities Strategy Trust Dividend Announcement

The firm also recently announced a monthly dividend, which will be paid on Wednesday, April 30th. Shareholders of record on Tuesday, April 15th will be paid a dividend of $0.0697 per share. This represents a $0.84 annualized dividend and a yield of 9.85%. The ex-dividend date is Tuesday, April 15th.

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.