105,605 Shares in BlackRock Resources and Commodities (NYSE:BCX) Bought by Ibex Wealth Advisors

Ibex Wealth Advisors acquired a new stake in BlackRock Resources and Commodities (NYSE:BCX) during the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund acquired 105,605 shares of the investment management company’s stock, valued at approximately $852,000.

Several other large investors also recently added to or reduced their stakes in the business. Blue Bell Private Wealth Management LLC increased its holdings in shares of BlackRock Resources and Commodities by 10.3% in the fourth quarter. Blue Bell Private Wealth Management LLC now owns 14,226 shares of the investment management company’s stock valued at $115,000 after purchasing an additional 1,330 shares during the last quarter. Steward Partners Investment Advisory LLC increased its holdings in shares of BlackRock Resources and Commodities by 14.9% in the third quarter. Steward Partners Investment Advisory LLC now owns 25,755 shares of the investment management company’s stock valued at $192,000 after purchasing an additional 3,338 shares during the last quarter. D.A. Davidson & CO. increased its holdings in shares of BlackRock Resources and Commodities by 11.2% in the third quarter. D.A. Davidson & CO. now owns 35,350 shares of the investment management company’s stock valued at $264,000 after purchasing an additional 3,550 shares during the last quarter. Peak Asset Management LLC increased its holdings in shares of BlackRock Resources and Commodities by 5.0% in the second quarter. Peak Asset Management LLC now owns 98,585 shares of the investment management company’s stock valued at $806,000 after purchasing an additional 4,716 shares during the last quarter. Finally, Capital Investment Advisory Services LLC acquired a new position in shares of BlackRock Resources and Commodities in the third quarter valued at $47,000.

Shares of NYSE:BCX traded down $0.13 on Friday, hitting $7.87. The company had a trading volume of 13,855 shares, compared to its average volume of 428,413. BlackRock Resources and Commodities has a 1-year low of $7.25 and a 1-year high of $8.38. The stock has a 50 day moving average price of $7.94 and a 200 day moving average price of $7.70.

The business also recently disclosed a monthly dividend, which will be paid on Friday, January 31st. Shareholders of record on Wednesday, January 15th will be issued a $0.052 dividend. This is an increase from BlackRock Resources and Commodities’s previous monthly dividend of $0.05. This represents a $0.62 annualized dividend and a dividend yield of 7.93%. The ex-dividend date of this dividend is Tuesday, January 14th.

BlackRock Resources and Commodities 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.

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Institutional Ownership by Quarter for BlackRock Resources and Commodities (NYSE:BCX)

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