BlackRock Resources and Commodities (NYSE:BCX) Shares Acquired by RB Capital Management LLC

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RB Capital Management LLC lifted its stake in shares of BlackRock Resources and Commodities (NYSE:BCX) by 3.8% during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 284,931 shares of the investment management company’s stock after purchasing an additional 10,369 shares during the period. BlackRock Resources and Commodities accounts for about 1.7% of RB Capital Management LLC’s portfolio, making the stock its 15th largest holding. RB Capital Management LLC’s holdings in BlackRock Resources and Commodities were worth $2,331,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors also recently modified their holdings of the company. Geode Capital Management LLC bought a new stake in shares of BlackRock Resources and Commodities in the 4th quarter worth approximately $589,000. Millennium Management LLC bought a new stake in shares of BlackRock Resources and Commodities in the 4th quarter worth approximately $79,000. Creative Planning grew its position in shares of BlackRock Resources and Commodities by 50.9% in the 1st quarter. Creative Planning now owns 40,764 shares of the investment management company’s stock worth $333,000 after buying an additional 13,752 shares during the last quarter. MONECO Advisors LLC grew its position in shares of BlackRock Resources and Commodities by 9.6% in the 1st quarter. MONECO Advisors LLC now owns 46,107 shares of the investment management company’s stock worth $377,000 after buying an additional 4,037 shares during the last quarter. Finally, Bank of Montreal Can grew its position in shares of BlackRock Resources and Commodities by 124.1% in the 1st quarter. Bank of Montreal Can now owns 116,342 shares of the investment management company’s stock worth $951,000 after buying an additional 64,432 shares during the last quarter.

Shares of BCX stock traded down $0.05 during trading hours on Friday, reaching $7.34. The company’s stock had a trading volume of 233,121 shares, compared to its average volume of 256,442. BlackRock Resources and Commodities has a one year low of $6.65 and a one year high of $9.19. The firm’s fifty day simple moving average is $7.77 and its 200 day simple moving average is $7.92.

The firm also recently disclosed a monthly dividend, which will be paid on Friday, August 30th. Stockholders of record on Thursday, August 15th will be given a $0.052 dividend. The ex-dividend date of this dividend is Wednesday, August 14th. This represents a $0.62 dividend on an annualized basis and a dividend yield of 8.50%.

BlackRock Resources and Commodities Company 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.

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Institutional Ownership by Quarter for BlackRock Resources and Commodities (NYSE:BCX)

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