Raymond James Trust N.A. Takes Position in Blackrock Resources & Commodities Strategy Trust (NYSE:BCX)

Raymond James Trust N.A. purchased a new stake in Blackrock Resources & Commodities Strategy Trust (NYSE:BCX) in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund purchased 10,551 shares of the investment management company’s stock, valued at approximately $94,000.

Several other hedge funds also recently made changes to their positions in BCX. Leibman Financial Services Inc. purchased a new position in Blackrock Resources & Commodities Strategy Trust during the fourth quarter worth about $186,000. Comerica Bank purchased a new position in Blackrock Resources & Commodities Strategy Trust during the third quarter worth about $136,000. Creative Planning purchased a new position in Blackrock Resources & Commodities Strategy Trust during the third quarter worth about $117,000. Penserra Capital Management LLC purchased a new position in Blackrock Resources & Commodities Strategy Trust during the third quarter worth about $7,428,000. Finally, Ameriprise Financial Inc. grew its position in Blackrock Resources & Commodities Strategy Trust by 4.6% during the third quarter. Ameriprise Financial Inc. now owns 2,437,859 shares of the investment management company’s stock worth $22,447,000 after buying an additional 107,368 shares in the last quarter.

Blackrock Resources & Commodities Strategy Trust Stock Performance

Blackrock Resources & Commodities Strategy Trust stock opened at $8.95 on Thursday. Blackrock Resources & Commodities Strategy Trust has a 52 week low of $8.25 and a 52 week high of $9.90. The business has a 50-day simple moving average of $8.58 and a 200 day simple moving average of $8.79.

Blackrock Resources & Commodities Strategy Trust Dividend Announcement

The firm also recently announced a monthly dividend, which will be paid on Thursday, March 28th. Investors of record on Friday, March 15th will be given a dividend of $0.052 per share. This represents a $0.62 annualized dividend and a yield of 6.97%. The ex-dividend date is Thursday, March 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.