386,116 Shares in BlackRock Energy and Resources Trust (NYSE:BGR) Purchased by Raymond James Financial Inc.

Posted by Defense World Staff on Mar 26th, 2025

Raymond James Financial Inc. purchased a new position in shares of BlackRock Energy and Resources Trust (NYSE:BGR – Free Report) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 386,116 shares of the company’s stock, valued at approximately $4,869,000.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Brown Brothers Harriman & Co. bought a new position in shares of BlackRock Energy and Resources Trust in the third quarter valued at about $56,000. Mezzasalma Advisors LLC acquired a new position in BlackRock Energy and Resources Trust in the 4th quarter valued at about $138,000. Raymond James Trust N.A. acquired a new position in BlackRock Energy and Resources Trust in the 3rd quarter valued at about $159,000. Concurrent Investment Advisors LLC bought a new position in BlackRock Energy and Resources Trust in the 4th quarter valued at about $223,000. Finally, Private Advisor Group LLC lifted its position in BlackRock Energy and Resources Trust by 25.5% during the fourth quarter. Private Advisor Group LLC now owns 18,525 shares of the company’s stock worth $234,000 after acquiring an additional 3,763 shares during the last quarter.

BlackRock Energy and Resources Trust Stock Up 0.7 %

BlackRock Energy and Resources Trust stock opened at $13.66 on Wednesday. BlackRock Energy and Resources Trust has a 12 month low of $12.10 and a 12 month high of $13.94. The stock’s 50 day moving average is $13.33 and its 200-day moving average is $13.17.

BlackRock Energy and Resources Trust Announces Dividend

The firm also recently disclosed a monthly dividend, which will be paid on Monday, March 31st. Shareholders of record on Friday, March 14th will be paid a $0.0973 dividend. This represents a $1.17 annualized dividend and a yield of 8.55%. The ex-dividend date of this dividend is Friday, March 14th.

BlackRock Energy and Resources Trust Company Profile

(Free Report)

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.