Independent Wealth Network Inc. Has $258,000 Stake in Blackrock Resources & Commodities Strategy Trust (NYSE:BCX)

Independent Wealth Network Inc. lifted its position in shares of Blackrock Resources & Commodities Strategy Trust (NYSE:BCX) by 41.2% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 30,210 shares of the investment management company’s stock after buying an additional 8,816 shares during the quarter. Independent Wealth Network Inc.’s holdings in Blackrock Resources & Commodities Strategy Trust were worth $258,000 at the end of the most recent reporting period.

Other hedge funds have also bought and sold shares of the company. Wilmington Savings Fund Society FSB bought a new position in shares of Blackrock Resources & Commodities Strategy Trust during the 3rd quarter worth approximately $35,000. Virtu Financial LLC bought a new position in Blackrock Resources & Commodities Strategy Trust during the third quarter worth $99,000. Sigma Planning Corp acquired a new stake in Blackrock Resources & Commodities Strategy Trust in the third quarter worth $104,000. Creekside Partners bought a new stake in Blackrock Resources & Commodities Strategy Trust in the second quarter valued at $119,000. Finally, Tallon Kerry Patrick bought a new position in shares of Blackrock Resources & Commodities Strategy Trust during the 4th quarter worth about $120,000.

Blackrock Resources & Commodities Strategy Trust Stock Performance

Shares of BCX opened at $9.21 on Friday. Blackrock Resources & Commodities Strategy Trust has a one year low of $8.25 and a one year high of $9.74. The stock has a 50-day moving average of $9.04 and a 200-day moving average of $9.20.

Blackrock Resources & Commodities Strategy Trust Dividend Announcement

The company also recently disclosed a monthly dividend, which will be paid on Friday, January 31st. Stockholders of record on Wednesday, January 15th will be issued a dividend of $0.0697 per share. The ex-dividend date is Wednesday, January 15th. This represents a $0.84 annualized dividend and a dividend yield of 9.08%.

Blackrock Resources & Commodities Strategy Trust 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.