FourThought Financial Partners LLC Sells 3,818 Shares of Blackrock Resources & Commodities Strategy Trust (NYSE:BCX)

FourThought Financial Partners LLC reduced its stake in shares of Blackrock Resources & Commodities Strategy Trust (NYSE:BCX) by 3.3% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 112,244 shares of the investment management company’s stock after selling 3,818 shares during the quarter. FourThought Financial Partners LLC’s holdings in Blackrock Resources & Commodities Strategy Trust were worth $997,000 at the end of the most recent quarter.

Other hedge funds have also modified their holdings of the company. Clear Street Markets LLC acquired a new position in Blackrock Resources & Commodities Strategy Trust during the 3rd quarter worth $52,000. EverSource Wealth Advisors LLC lifted its stake in shares of Blackrock Resources & Commodities Strategy Trust by 103.9% during the third quarter. EverSource Wealth Advisors LLC now owns 5,914 shares of the investment management company’s stock valued at $54,000 after acquiring an additional 3,013 shares during the period. NBC Securities Inc. acquired a new position in shares of Blackrock Resources & Commodities Strategy Trust during the third quarter valued at $62,000. Raymond James Trust N.A. bought a new position in Blackrock Resources & Commodities Strategy Trust in the fourth quarter valued at about $94,000. Finally, CTC Alternative Strategies Ltd. acquired a new stake in Blackrock Resources & Commodities Strategy Trust in the fourth quarter worth about $131,000.

Blackrock Resources & Commodities Strategy Trust Stock Performance

NYSE:BCX traded up $0.03 on Friday, hitting $9.21. 95,640 shares of the stock were exchanged, compared to its average volume of 331,852. Blackrock Resources & Commodities Strategy Trust has a 52 week low of $8.25 and a 52 week high of $9.87. The company’s 50-day moving average price is $8.97 and its 200 day moving average price is $8.80.

Blackrock Resources & Commodities Strategy Trust Dividend Announcement

The firm also recently declared a monthly dividend, which will be paid on Friday, May 31st. Investors of record on Wednesday, May 15th will be paid a dividend of $0.052 per share. This represents a $0.62 dividend on an annualized basis and a dividend yield of 6.78%. The ex-dividend date of this dividend is Tuesday, May 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.