Lazard Asset Management LLC Trims Stock Holdings in Blackrock Resources & Commodities Strategy Trust (NYSE:BCX)

Lazard Asset Management LLC reduced its stake in Blackrock Resources & Commodities Strategy Trust (NYSE:BCX) by 7.2% during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 2,229,594 shares of the investment management company’s stock after selling 172,551 shares during the quarter. Lazard Asset Management LLC’s holdings in Blackrock Resources & Commodities Strategy Trust were worth $19,040,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also made changes to their positions in BCX. Curio Wealth LLC purchased a new position in Blackrock Resources & Commodities Strategy Trust during the fourth quarter worth about $28,000. CreativeOne Wealth LLC purchased a new position in Blackrock Resources & Commodities Strategy Trust during the fourth quarter worth about $96,000. Thrivent Financial for Lutherans purchased a new position in Blackrock Resources & Commodities Strategy Trust during the fourth quarter worth about $111,000. Tallon Kerry Patrick purchased a new position in Blackrock Resources & Commodities Strategy Trust during the fourth quarter worth about $120,000. Finally, EverSource Wealth Advisors LLC lifted its position in Blackrock Resources & Commodities Strategy Trust by 97.3% during the fourth quarter. EverSource Wealth Advisors LLC now owns 14,703 shares of the investment management company’s stock worth $126,000 after buying an additional 7,250 shares during the period.

Blackrock Resources & Commodities Strategy Trust Trading Up 1.2%

NYSE BCX opened at $9.33 on Wednesday. The business’s 50-day moving average price is $8.95 and its 200 day moving average price is $9.05. Blackrock Resources & Commodities Strategy Trust has a twelve month low of $7.84 and a twelve month high of $9.74.

Blackrock Resources & Commodities Strategy Trust Announces Dividend

The firm also recently announced a monthly dividend, which will be paid on Friday, May 30th. Investors of record on Thursday, May 15th will be given a dividend of $0.0697 per share. The ex-dividend date of this dividend is Thursday, May 15th. This represents a $0.84 annualized dividend and a yield of 8.96%.

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.