Intellectus Partners LLC Has $1.69 Million Stake in Blackrock Resources & Commodities Strategy Trust (NYSE:BCX)

Intellectus Partners LLC grew its holdings in Blackrock Resources & Commodities Strategy Trust (NYSE:BCX) by 32.2% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 189,988 shares of the investment management company’s stock after buying an additional 46,270 shares during the period. Intellectus Partners LLC’s holdings in Blackrock Resources & Commodities Strategy Trust were worth $1,687,000 at the end of the most recent quarter.

A number of other hedge funds also recently made changes to their positions in the business. Blue Bell Private Wealth Management LLC lifted its position in shares of Blackrock Resources & Commodities Strategy Trust by 6.4% in the fourth quarter. Blue Bell Private Wealth Management LLC now owns 22,853 shares of the investment management company’s stock valued at $203,000 after buying an additional 1,379 shares during the last quarter. EverSource Wealth Advisors LLC lifted its holdings in Blackrock Resources & Commodities Strategy Trust by 103.9% during the 3rd quarter. EverSource Wealth Advisors LLC now owns 5,914 shares of the investment management company’s stock worth $54,000 after purchasing an additional 3,013 shares during the last quarter. Stifel Financial Corp lifted its holdings in Blackrock Resources & Commodities Strategy Trust by 1.1% during the 3rd quarter. Stifel Financial Corp now owns 307,324 shares of the investment management company’s stock worth $2,830,000 after purchasing an additional 3,325 shares during the last quarter. Atria Wealth Solutions Inc. lifted its holdings in Blackrock Resources & Commodities Strategy Trust by 4.7% during the 3rd quarter. Atria Wealth Solutions Inc. now owns 100,549 shares of the investment management company’s stock worth $926,000 after purchasing an additional 4,470 shares during the last quarter. Finally, Clear Street Markets LLC acquired a new stake in Blackrock Resources & Commodities Strategy Trust during the 3rd quarter worth approximately $52,000.

Blackrock Resources & Commodities Strategy Trust Stock Performance

NYSE:BCX traded up $0.11 during mid-day trading on Friday, hitting $9.25. 153,494 shares of the stock were exchanged, compared to its average volume of 342,763. The firm’s 50-day simple moving average is $8.89 and its 200 day simple moving average is $8.79. Blackrock Resources & Commodities Strategy Trust has a fifty-two week low of $8.25 and a fifty-two week high of $9.87.

Blackrock Resources & Commodities Strategy Trust Dividend Announcement

The business also recently disclosed a monthly dividend, which will be paid on Tuesday, April 30th. Shareholders of record on Monday, April 15th will be paid a dividend of $0.052 per share. The ex-dividend date is Friday, April 12th. This represents a $0.62 dividend on an annualized basis and a yield of 6.75%.

Blackrock Resources & Commodities Strategy Trust Profile

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.