BlackRock Energy and Resources Trust (NYSE:BGR) Holdings Boosted by Truist Financial Corp

Truist Financial Corp grew its stake in shares of BlackRock Energy and Resources Trust (NYSE:BGR) by 5.0% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 135,942 shares of the company’s stock after purchasing an additional 6,506 shares during the quarter. Truist Financial Corp’s holdings in BlackRock Energy and Resources Trust were worth $1,714,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also made changes to their positions in the company. Brown Brothers Harriman & Co. acquired a new position in BlackRock Energy and Resources Trust during the 3rd quarter valued at approximately $56,000. Moors & Cabot Inc. acquired a new position in shares of BlackRock Energy and Resources Trust during the third quarter valued at $137,000. Mezzasalma Advisors LLC bought a new position in shares of BlackRock Energy and Resources Trust during the fourth quarter worth about $138,000. Raymond James Trust N.A. bought a new position in shares of BlackRock Energy and Resources Trust during the third quarter worth about $159,000. Finally, Wolverine Asset Management LLC increased its holdings in shares of BlackRock Energy and Resources Trust by 74.0% in the 3rd quarter. Wolverine Asset Management LLC now owns 103,908 shares of the company’s stock worth $1,338,000 after acquiring an additional 44,174 shares during the period.

BlackRock Energy and Resources Trust Trading Down 0.0 %

Shares of BGR stock opened at $13.09 on Friday. The stock has a fifty day moving average of $13.22 and a two-hundred day moving average of $13.15. BlackRock Energy and Resources Trust has a 1 year low of $12.10 and a 1 year high of $13.94.

BlackRock Energy and Resources Trust Announces Dividend

The firm also recently announced a monthly dividend, which will be paid on Friday, February 28th. Investors of record on Friday, February 14th will be issued a dividend of $0.0973 per share. This represents a $1.17 dividend on an annualized basis and a yield of 8.92%. The ex-dividend date is Friday, February 14th.

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.