NBC Securities Inc. Purchases 1,500 Shares of BlackRock Energy and Resources Trust (NYSE:BGR)

NBC Securities Inc. grew its holdings in shares of BlackRock Energy and Resources Trust (NYSE:BGR) by 19.6% in the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 9,164 shares of the company’s stock after purchasing an additional 1,500 shares during the quarter. NBC Securities Inc.’s holdings in BlackRock Energy and Resources Trust were worth $118,000 at the end of the most recent reporting period.

Other large investors have also recently modified their holdings of the company. Allspring Global Investments Holdings LLC grew its stake in BlackRock Energy and Resources Trust by 15.2% in the 2nd quarter. Allspring Global Investments Holdings LLC now owns 1,842,055 shares of the company’s stock valued at $24,352,000 after buying an additional 242,603 shares in the last quarter. City of London Investment Management Co. Ltd. raised its stake in shares of BlackRock Energy and Resources Trust by 19.9% during the 2nd quarter. City of London Investment Management Co. Ltd. now owns 1,581,597 shares of the company’s stock valued at $20,909,000 after purchasing an additional 262,451 shares during the period. Raymond James & Associates lifted its holdings in BlackRock Energy and Resources Trust by 43.8% during the 2nd quarter. Raymond James & Associates now owns 197,536 shares of the company’s stock worth $2,611,000 after purchasing an additional 60,177 shares in the last quarter. Truist Financial Corp boosted its stake in BlackRock Energy and Resources Trust by 0.7% in the 2nd quarter. Truist Financial Corp now owns 162,487 shares of the company’s stock worth $2,148,000 after purchasing an additional 1,175 shares during the period. Finally, Janney Montgomery Scott LLC grew its holdings in 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 buying an additional 861 shares in the last quarter.

BlackRock Energy and Resources Trust Price Performance

Shares of BlackRock Energy and Resources Trust stock opened at $12.81 on Friday. The company’s 50-day moving average price is $12.93 and its 200-day moving average price is $13.07. BlackRock Energy and Resources Trust has a 12-month low of $11.86 and a 12-month high of $13.68.

BlackRock Energy and Resources Trust Dividend Announcement

The firm also recently announced a monthly dividend, which will be paid on Thursday, October 31st. Investors of record on Tuesday, October 15th will be given a dividend of $0.0754 per share. This represents a $0.90 annualized dividend and a yield of 7.06%. The ex-dividend date is Tuesday, October 15th.

BlackRock Energy and Resources Trust Company 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.