EverSource Wealth Advisors LLC Has $28,000 Stock Position in Blackrock Resources & Commodities Strategy Trust (NYSE:BCX)

Posted by on May 20th, 2023

EverSource Wealth Advisors LLC grew its position in Blackrock Resources & Commodities Strategy Trust (NYSE:BCX – Get Rating) by 1,257.7% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 2,824 shares of the investment management company’s stock after purchasing an additional 2,616 shares during the quarter. EverSource Wealth Advisors LLC’s holdings in Blackrock Resources & Commodities Strategy Trust were worth $28,000 as of its most recent filing with the SEC.

Other institutional investors also recently modified their holdings of the company. Samalin Investment Counsel LLC bought a new stake in shares of Blackrock Resources & Commodities Strategy Trust in the 1st quarter valued at $33,000. Captrust Financial Advisors bought a new position in Blackrock Resources & Commodities Strategy Trust during the second quarter worth $33,000. Parallel Advisors LLC bought a new position in Blackrock Resources & Commodities Strategy Trust during the fourth quarter worth $38,000. Geneos Wealth Management Inc. boosted its stake in Blackrock Resources & Commodities Strategy Trust by 64.3% during the first quarter. Geneos Wealth Management Inc. now owns 4,256 shares of the investment management company’s stock worth $46,000 after acquiring an additional 1,665 shares in the last quarter. Finally, AE Wealth Management LLC bought a new position in shares of Blackrock Resources & Commodities Strategy Trust in the fourth quarter valued at $102,000.

Blackrock Resources & Commodities Strategy Trust Stock Down 0.3 %

Blackrock Resources & Commodities Strategy Trust stock opened at $9.13 on Friday. Blackrock Resources & Commodities Strategy Trust has a 1-year low of $7.91 and a 1-year high of $11.24. The firm’s fifty day moving average price is $9.41 and its two-hundred day moving average price is $9.76.

Blackrock Resources & Commodities Strategy Trust Increases Dividend

The company also recently announced a monthly dividend, which will be paid on Wednesday, May 31st. Stockholders of record on Monday, May 15th will be issued a $0.052 dividend. The ex-dividend date of this dividend is Friday, May 12th. This represents a $0.62 annualized dividend and a dividend yield of 6.83%. This is an increase from Blackrock Resources & Commodities Strategy Trust’s previous monthly dividend of $0.05.

Blackrock Resources & Commodities Strategy Trust Profile

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BlackRock Resources & Commodities Strategy Trust is a closed-end investment fund/investment trust. Its primary investment objective is to seek high current income and current gains, with a secondary objective of capital appreciation. It invests all of its assets in equity securities issued by commodity or natural resources companies, derivatives with exposure to commodity or natural resources companies or investments in securities and derivatives linked to the underlying price movement of commodities or natural resources.

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Institutional Ownership by Quarter for Blackrock Resources & Commodities Strategy Trust (NYSE:BCX)

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