Janney Montgomery Scott LLC Sells 4,520 Shares of Blackrock Resources & Commodities Strategy Trust (NYSE:BCX)

Janney Montgomery Scott LLC trimmed its holdings in shares of Blackrock Resources & Commodities Strategy Trust (NYSE:BCX) by 14.6% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 26,490 shares of the investment management company’s stock after selling 4,520 shares during the quarter. Janney Montgomery Scott LLC’s holdings in Blackrock Resources & Commodities Strategy Trust were worth $226,000 at the end of the most recent quarter.

A number of other institutional investors have also recently added to or reduced their stakes in the business. Tallon Kerry Patrick bought a new stake in Blackrock Resources & Commodities Strategy Trust during the 4th quarter worth approximately $120,000. 180 Wealth Advisors LLC boosted its stake in shares of Blackrock Resources & Commodities Strategy Trust by 9.9% in the 4th quarter. 180 Wealth Advisors LLC now owns 637,370 shares of the investment management company’s stock valued at $5,443,000 after purchasing an additional 57,542 shares during the last quarter. Rivernorth Capital Management LLC boosted its stake in shares of Blackrock Resources & Commodities Strategy Trust by 51.6% in the 3rd quarter. Rivernorth Capital Management LLC now owns 962,498 shares of the investment management company’s stock valued at $9,240,000 after purchasing an additional 327,507 shares during the last quarter. Wilmington Savings Fund Society FSB bought a new stake in shares of Blackrock Resources & Commodities Strategy Trust in the 3rd quarter valued at $35,000. Finally, Virtu Financial LLC bought a new stake in shares of Blackrock Resources & Commodities Strategy Trust in the 3rd quarter valued at $99,000.

Blackrock Resources & Commodities Strategy Trust Stock Down 0.3 %

NYSE:BCX opened at $9.08 on Thursday. The firm’s fifty day moving average is $8.97 and its 200-day moving average is $9.18. Blackrock Resources & Commodities Strategy Trust has a 52 week low of $8.25 and a 52 week high of $9.74.

Blackrock Resources & Commodities Strategy Trust Dividend Announcement

The company also recently disclosed a monthly dividend, which will be paid on Friday, February 28th. Stockholders of record on Friday, February 14th will be paid a $0.0697 dividend. This represents a $0.84 dividend on an annualized basis and a dividend yield of 9.21%. The ex-dividend date is Friday, February 14th.

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.