City of London Investment Management Co. Ltd. Reduces Stock Position in Blackrock Resources & Commodities Strategy Trust (NYSE:BCX)

City of London Investment Management Co. Ltd. reduced its position in Blackrock Resources & Commodities Strategy Trust (NYSE:BCX) by 15.8% in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 97,589 shares of the investment management company’s stock after selling 18,277 shares during the quarter. City of London Investment Management Co. Ltd.’s holdings in Blackrock Resources & Commodities Strategy Trust were worth $897,000 at the end of the most recent quarter.

Several other hedge funds also recently bought and sold shares of BCX. Calamos Advisors LLC boosted its holdings in Blackrock Resources & Commodities Strategy Trust by 46.4% in the 2nd quarter. Calamos Advisors LLC now owns 26,082 shares of the investment management company’s stock valued at $240,000 after purchasing an additional 8,267 shares during the period. Raymond James & Associates boosted its position in shares of Blackrock Resources & Commodities Strategy Trust by 2.0% during the 2nd quarter. Raymond James & Associates now owns 413,757 shares of the investment management company’s stock valued at $3,802,000 after acquiring an additional 8,305 shares during the last quarter. Twin Focus Capital Partners LLC purchased a new position in shares of Blackrock Resources & Commodities Strategy Trust during the fourth quarter worth about $1,220,000. Cetera Advisors LLC bought a new position in shares of Blackrock Resources & Commodities Strategy Trust in the first quarter worth approximately $100,000. Finally, WNY Asset Management LLC raised its stake in Blackrock Resources & Commodities Strategy Trust by 12.4% in the fourth quarter. WNY Asset Management LLC now owns 18,100 shares of the investment management company’s stock valued at $161,000 after purchasing an additional 2,000 shares in the last quarter.

Blackrock Resources & Commodities Strategy Trust Trading Up 1.4 %

Shares of Blackrock Resources & Commodities Strategy Trust stock opened at $9.16 on Monday. Blackrock Resources & Commodities Strategy Trust has a 1 year low of $8.25 and a 1 year high of $9.58. The company has a 50 day simple moving average of $9.16 and a two-hundred day simple moving average of $9.14.

Blackrock Resources & Commodities Strategy Trust Dividend Announcement

The business also recently disclosed a dividend, which will be paid on Thursday, October 31st. Stockholders of record on Tuesday, October 15th will be given a dividend of $0.0518 per share. The ex-dividend date of this dividend is Tuesday, October 15th.

About Blackrock Resources & Commodities Strategy Trust

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.