Pasadena Private Wealth LLC Acquires New Shares in Blackrock Resources & Commodities Strategy Trust $BCX

Pasadena Private Wealth LLC acquired a new stake in Blackrock Resources & Commodities Strategy Trust (NYSE:BCX) during the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm acquired 33,577 shares of the investment management company’s stock, valued at approximately $317,000.

Several other large investors have also bought and sold shares of BCX. Penserra Capital Management LLC bought a new position in Blackrock Resources & Commodities Strategy Trust in the first quarter valued at about $5,275,000. City of London Investment Management Co. Ltd. raised its position in Blackrock Resources & Commodities Strategy Trust by 163.9% in the first quarter. City of London Investment Management Co. Ltd. now owns 279,004 shares of the investment management company’s stock valued at $2,603,000 after purchasing an additional 173,268 shares during the last quarter. Sit Investment Associates Inc. raised its position in Blackrock Resources & Commodities Strategy Trust by 10.9% in the first quarter. Sit Investment Associates Inc. now owns 1,300,123 shares of the investment management company’s stock valued at $12,130,000 after purchasing an additional 127,602 shares during the last quarter. 180 Wealth Advisors LLC raised its position in Blackrock Resources & Commodities Strategy Trust by 13.5% in the second quarter. 180 Wealth Advisors LLC now owns 810,666 shares of the investment management company’s stock valued at $7,661,000 after purchasing an additional 96,285 shares during the last quarter. Finally, Farther Finance Advisors LLC raised its position in Blackrock Resources & Commodities Strategy Trust by 11,939.0% in the second quarter. Farther Finance Advisors LLC now owns 66,696 shares of the investment management company’s stock valued at $630,000 after purchasing an additional 66,142 shares during the last quarter.

Blackrock Resources & Commodities Strategy Trust Trading Up 0.1%

Blackrock Resources & Commodities Strategy Trust stock opened at $9.93 on Monday. Blackrock Resources & Commodities Strategy Trust has a 12 month low of $7.84 and a 12 month high of $10.50. The stock has a 50-day moving average price of $10.01 and a two-hundred day moving average price of $9.57.

Blackrock Resources & Commodities Strategy Trust Dividend Announcement

The company also recently announced a monthly dividend, which will be paid on Friday, October 31st. Shareholders of record on Wednesday, October 15th will be given a $0.0697 dividend. The ex-dividend date is Wednesday, October 15th. This represents a c) annualized dividend and a yield of 8.4%.

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.