Stifel Financial Corp Sells 32,625 Shares of BlackRock Energy and Resources Trust (NYSE:BGR)

Stifel Financial Corp reduced its holdings in shares of BlackRock Energy and Resources Trust (NYSE:BGR) by 51.9% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 30,278 shares of the company’s stock after selling 32,625 shares during the quarter. Stifel Financial Corp’s holdings in BlackRock Energy and Resources Trust were worth $390,000 at the end of the most recent quarter.

Other institutional investors have also recently made changes to their positions in the company. Brown Brothers Harriman & Co. bought a new stake in BlackRock Energy and Resources Trust during the third quarter valued at $56,000. NBC Securities Inc. grew its position in BlackRock Energy and Resources Trust by 19.6% in the third quarter. NBC Securities Inc. now owns 9,164 shares of the company’s stock worth $118,000 after acquiring an additional 1,500 shares in the last quarter. Moors & Cabot Inc. bought a new position in BlackRock Energy and Resources Trust in the third quarter valued at $137,000. Raymond James Trust N.A. bought a new stake in BlackRock Energy and Resources Trust in the 3rd quarter worth approximately $159,000. Finally, Creative Planning purchased a new position in BlackRock Energy and Resources Trust in the 2nd quarter worth $416,000.

BlackRock Energy and Resources Trust Stock Performance

Shares of BGR stock opened at $12.56 on Friday. BlackRock Energy and Resources Trust has a 1-year low of $11.86 and a 1-year high of $13.85. The business has a 50-day moving average of $13.23 and a 200 day moving average of $13.06.

BlackRock Energy and Resources Trust Dividend Announcement

The company also recently declared a monthly dividend, which was paid on Monday, December 23rd. Investors of record on Monday, December 16th were issued a dividend of $0.0973 per share. The ex-dividend date was Monday, December 16th. This represents a $1.17 dividend on an annualized basis and a yield of 9.30%.

About BlackRock Energy and Resources Trust

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.