Nations Financial Group Inc. IA ADV Has $521,000 Stock Position in Blackrock Resources & Commodities Strategy Trust (NYSE:BCX)

Nations Financial Group Inc. IA ADV grew its stake in shares of Blackrock Resources & Commodities Strategy Trust (NYSE:BCX) by 132.3% in the 3rd quarter, HoldingsChannel reports. The fund owned 54,265 shares of the investment management company’s stock after purchasing an additional 30,903 shares during the quarter. Nations Financial Group Inc. IA ADV’s holdings in Blackrock Resources & Commodities Strategy Trust were worth $521,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors also recently made changes to their positions in BCX. Sigma Planning Corp bought a new position in shares of Blackrock Resources & Commodities Strategy Trust during the third quarter worth approximately $104,000. Cetera Advisors LLC bought a new position in Blackrock Resources & Commodities Strategy Trust during the 1st quarter worth $100,000. Creekside Partners bought a new position in Blackrock Resources & Commodities Strategy Trust during the 2nd quarter worth $119,000. Choreo LLC bought a new stake in shares of Blackrock Resources & Commodities Strategy Trust in the second quarter valued at about $123,000. Finally, Comerica Bank grew its stake in shares of Blackrock Resources & Commodities Strategy Trust by 10.1% in the first quarter. Comerica Bank now owns 15,920 shares of the investment management company’s stock valued at $145,000 after acquiring an additional 1,466 shares in the last quarter.

Blackrock Resources & Commodities Strategy Trust Trading Down 0.4 %

Shares of Blackrock Resources & Commodities Strategy Trust stock opened at $9.19 on Thursday. Blackrock Resources & Commodities Strategy Trust has a twelve month low of $8.25 and a twelve month high of $9.74. The company has a 50-day simple moving average of $9.38 and a two-hundred day simple moving average of $9.27.

Blackrock Resources & Commodities Strategy Trust Dividend Announcement

The firm also recently declared a monthly dividend, which will be paid on Friday, November 29th. Stockholders of record on Friday, November 15th will be given a $0.0518 dividend. The ex-dividend date of this dividend is Friday, November 15th. This represents a $0.62 dividend on an annualized basis and a dividend yield of 6.77%.

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.