Choreo LLC Buys New Holdings in Blackrock Resources & Commodities Strategy Trust (NYSE:BCX)

Choreo LLC purchased a new stake in shares of Blackrock Resources & Commodities Strategy Trust (NYSE:BCX) in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 13,349 shares of the investment management company’s stock, valued at approximately $123,000.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in BCX. Allspring Global Investments Holdings LLC grew its holdings in shares of Blackrock Resources & Commodities Strategy Trust by 19.6% during the 2nd quarter. Allspring Global Investments Holdings LLC now owns 2,498,989 shares of the investment management company’s stock worth $22,966,000 after purchasing an additional 409,593 shares during the period. Lazard Asset Management LLC lifted its position in Blackrock Resources & Commodities Strategy Trust by 15.2% during the first quarter. Lazard Asset Management LLC now owns 2,490,913 shares of the investment management company’s stock valued at $22,617,000 after buying an additional 329,511 shares in the last quarter. Twin Focus Capital Partners LLC purchased a new stake in Blackrock Resources & Commodities Strategy Trust during the fourth quarter worth approximately $1,220,000. Quantedge Capital Pte Ltd grew its stake in Blackrock Resources & Commodities Strategy Trust by 146.5% during the fourth quarter. Quantedge Capital Pte Ltd now owns 169,763 shares of the investment management company’s stock worth $1,507,000 after buying an additional 100,900 shares during the period. Finally, 180 Wealth Advisors LLC increased its position in shares of Blackrock Resources & Commodities Strategy Trust by 30.3% in the first quarter. 180 Wealth Advisors LLC now owns 410,765 shares of the investment management company’s stock worth $3,730,000 after acquiring an additional 95,452 shares in the last quarter.

Blackrock Resources & Commodities Strategy Trust Stock Performance

NYSE:BCX opened at $9.20 on Friday. The firm’s fifty day simple moving average is $9.15 and its 200 day simple moving average is $9.16. Blackrock Resources & Commodities Strategy Trust has a twelve month low of $8.25 and a twelve month high of $9.58.

Blackrock Resources & Commodities Strategy Trust Announces Dividend

The business also recently disclosed a monthly dividend, which will be paid on Thursday, October 31st. Shareholders of record on Tuesday, October 15th will be paid a dividend of $0.0518 per share. This represents a $0.62 dividend on an annualized basis and a dividend yield of 6.76%. The ex-dividend date is Tuesday, October 15th.

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.