Truist Financial Corp Lowers Position in Blackrock Resources & Commodities Strategy Trust (NYSE:BCX)

Truist Financial Corp lessened its stake in Blackrock Resources & Commodities Strategy Trust (NYSE:BCXGet Rating) by 34.7% during the 1st quarter, HoldingsChannel reports. The firm owned 16,795 shares of the investment management company’s stock after selling 8,906 shares during the quarter. Truist Financial Corp’s holdings in Blackrock Resources & Commodities Strategy Trust were worth $185,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also bought and sold shares of the stock. Invesco Ltd. boosted its position in Blackrock Resources & Commodities Strategy Trust by 9.5% in the 4th quarter. Invesco Ltd. now owns 1,375,706 shares of the investment management company’s stock worth $12,863,000 after purchasing an additional 119,497 shares in the last quarter. Commonwealth Equity Services LLC boosted its position in Blackrock Resources & Commodities Strategy Trust by 11.4% in the 4th quarter. Commonwealth Equity Services LLC now owns 802,694 shares of the investment management company’s stock worth $7,505,000 after purchasing an additional 82,421 shares in the last quarter. Raymond James Financial Services Advisors Inc. boosted its position in Blackrock Resources & Commodities Strategy Trust by 8.2% in the 4th quarter. Raymond James Financial Services Advisors Inc. now owns 582,022 shares of the investment management company’s stock worth $5,442,000 after purchasing an additional 44,143 shares in the last quarter. Bank of America Corp DE boosted its position in Blackrock Resources & Commodities Strategy Trust by 5.2% in the 4th quarter. Bank of America Corp DE now owns 411,193 shares of the investment management company’s stock worth $3,844,000 after purchasing an additional 20,162 shares in the last quarter. Finally, Wolverine Asset Management LLC boosted its position in Blackrock Resources & Commodities Strategy Trust by 284.4% in the 4th quarter. Wolverine Asset Management LLC now owns 337,110 shares of the investment management company’s stock worth $3,151,000 after purchasing an additional 249,423 shares in the last quarter.

Blackrock Resources & Commodities Strategy Trust Stock Performance

Blackrock Resources & Commodities Strategy Trust stock opened at $9.18 on Monday. Blackrock Resources & Commodities Strategy Trust has a 12 month low of $7.91 and a 12 month high of $11.62. The stock’s 50 day simple moving average is $9.52 and its two-hundred day simple moving average is $10.16.

Blackrock Resources & Commodities Strategy Trust Dividend Announcement

The firm also recently announced a monthly dividend, which was paid on Friday, July 29th. Stockholders of record on Friday, July 15th were given a dividend of $0.045 per share. The ex-dividend date was Thursday, July 14th. This represents a $0.54 dividend on an annualized basis and a dividend yield of 5.88%.

Blackrock Resources & Commodities Strategy Trust Profile

(Get Rating)

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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