Level Four Advisory Services LLC Has $188,000 Stock Position in BlackRock Energy and Resources Trust (NYSE:BGR)

Level Four Advisory Services LLC lowered its position in shares of BlackRock Energy and Resources Trust (NYSE:BGR) by 14.4% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 14,925 shares of the company’s stock after selling 2,505 shares during the quarter. Level Four Advisory Services LLC’s holdings in BlackRock Energy and Resources Trust were worth $188,000 as of its most recent SEC filing.

Several other hedge funds have also made changes to their positions in BGR. LPL Financial LLC lifted its holdings in shares of BlackRock Energy and Resources Trust by 20.1% in the fourth quarter. LPL Financial LLC now owns 184,717 shares of the company’s stock valued at $2,329,000 after purchasing an additional 30,961 shares in the last quarter. Samalin Investment Counsel LLC lifted its stake in BlackRock Energy and Resources Trust by 6.9% in the 4th quarter. Samalin Investment Counsel LLC now owns 67,267 shares of the company’s stock worth $848,000 after acquiring an additional 4,368 shares in the last quarter. Millstone Evans Group LLC acquired a new stake in BlackRock Energy and Resources Trust during the 4th quarter worth about $54,000. Advisors Asset Management Inc. grew its stake in BlackRock Energy and Resources Trust by 16.5% during the 4th quarter. Advisors Asset Management Inc. now owns 258,499 shares of the company’s stock valued at $3,260,000 after acquiring an additional 36,677 shares in the last quarter. Finally, one8zero8 LLC purchased a new stake in shares of BlackRock Energy and Resources Trust in the fourth quarter worth approximately $131,000.

BlackRock Energy and Resources Trust Stock Up 0.3 %

Shares of BGR opened at $13.62 on Wednesday. The company’s 50 day moving average price is $13.35 and its 200 day moving average price is $13.21. BlackRock Energy and Resources Trust has a 52 week low of $12.10 and a 52 week high of $13.94.

BlackRock Energy and Resources Trust Dividend Announcement

The company also recently disclosed a monthly dividend, which was paid on Monday, March 31st. Investors of record on Friday, March 14th were issued a dividend of $0.0973 per share. The ex-dividend date was Friday, March 14th. This represents a $1.17 annualized dividend and a dividend yield of 8.58%.

BlackRock Energy and Resources Trust Company Profile

BlackRock Energy and Resources Trust is a closed-ended equity mutual fund launched by BlackRock, Inc The fund is co-managed by BlackRock Advisors, LLC and BlackRock International Limited. It invests in public equity markets across the globe, with an emphasis on the United States. The fund seeks to invest in stocks of companies operating in the energy and natural resources sectors.