Private Advisor Group LLC Sells 998 Shares of BlackRock Energy and Resources Trust (NYSE:BGR)

Private Advisor Group LLC trimmed its holdings in BlackRock Energy and Resources Trust (NYSE:BGR) by 6.3% in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 14,762 shares of the company’s stock after selling 998 shares during the quarter. Private Advisor Group LLC’s holdings in BlackRock Energy and Resources Trust were worth $190,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. NBC Securities Inc. boosted its stake in BlackRock Energy and Resources Trust by 19.6% in the 3rd quarter. NBC Securities Inc. now owns 9,164 shares of the company’s stock worth $118,000 after purchasing an additional 1,500 shares during the period. B. Riley Wealth Advisors Inc. bought a new position in shares of BlackRock Energy and Resources Trust during the 1st quarter valued at approximately $161,000. Creative Planning bought a new position in shares of BlackRock Energy and Resources Trust during the 2nd quarter valued at approximately $416,000. All Season Financial Advisors Inc. boosted its position in shares of BlackRock Energy and Resources Trust by 38.5% during the 2nd quarter. All Season Financial Advisors Inc. now owns 43,452 shares of the company’s stock valued at $574,000 after acquiring an additional 12,080 shares during the last quarter. Finally, Janney Montgomery Scott LLC boosted its position in shares of BlackRock Energy and Resources Trust by 1.7% during the 1st quarter. Janney Montgomery Scott LLC now owns 50,466 shares of the company’s stock valued at $669,000 after acquiring an additional 861 shares during the last quarter.

BlackRock Energy and Resources Trust Trading Down 0.4 %

NYSE BGR opened at $13.43 on Friday. BlackRock Energy and Resources Trust has a one year low of $11.86 and a one year high of $13.68. The stock has a 50 day moving average price of $12.93 and a 200-day moving average price of $13.04.

BlackRock Energy and Resources Trust Announces Dividend

The company also recently announced a monthly dividend, which will be paid on Friday, November 29th. Stockholders of record on Friday, November 15th will be given a dividend of $0.0754 per share. The ex-dividend date of this dividend is Friday, November 15th. This represents a $0.90 dividend on an annualized basis and a dividend yield of 6.74%.

BlackRock Energy and Resources Trust Profile

BlackRock Energy and Resources Trust is a closed-ended equity mutual fund launched by BlackRock, Inc The fund is co-managed by BlackRock Advisors, LLC and BlackRock International Limited. It invests in public equity markets across the globe, with an emphasis on the United States. The fund seeks to invest in stocks of companies operating in the energy and natural resources sectors.