Blackrock Resources & Commodities Strategy Trust (NYSE:BCX) Holdings Lowered by Oppenheimer & Co. Inc.

Oppenheimer & Co. Inc. trimmed its stake in shares of Blackrock Resources & Commodities Strategy Trust (NYSE:BCX) by 21.4% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 123,135 shares of the investment management company’s stock after selling 33,537 shares during the period. Oppenheimer & Co. Inc.’s holdings in Blackrock Resources & Commodities Strategy Trust were worth $1,052,000 as of its most recent SEC filing.

Several other hedge funds have also modified their holdings of BCX. Rivernorth Capital Management LLC lifted its holdings in shares of Blackrock Resources & Commodities Strategy Trust by 51.6% during the third quarter. Rivernorth Capital Management LLC now owns 962,498 shares of the investment management company’s stock valued at $9,240,000 after purchasing an additional 327,507 shares during the last quarter. Pathstone Holdings LLC lifted its holdings in shares of Blackrock Resources & Commodities Strategy Trust by 58.2% during the third quarter. Pathstone Holdings LLC now owns 779,152 shares of the investment management company’s stock valued at $7,482,000 after purchasing an additional 286,553 shares during the last quarter. Wolverine Asset Management LLC lifted its holdings in shares of Blackrock Resources & Commodities Strategy Trust by 4,803.8% during the third quarter. Wolverine Asset Management LLC now owns 147,310 shares of the investment management company’s stock valued at $1,414,000 after purchasing an additional 144,306 shares during the last quarter. Ionic Capital Management LLC purchased a new stake in shares of Blackrock Resources & Commodities Strategy Trust during the third quarter valued at $710,000. Finally, 180 Wealth Advisors LLC lifted its holdings in shares of Blackrock Resources & Commodities Strategy Trust by 9.9% during the fourth quarter. 180 Wealth Advisors LLC now owns 637,370 shares of the investment management company’s stock valued at $5,443,000 after purchasing an additional 57,542 shares during the last quarter.

Blackrock Resources & Commodities Strategy Trust Stock Down 1.5 %

Shares of NYSE BCX opened at $8.77 on Wednesday. Blackrock Resources & Commodities Strategy Trust has a 12 month low of $8.30 and a 12 month high of $9.74. The business has a fifty day simple moving average of $9.00 and a 200-day simple moving average of $9.18.

Blackrock Resources & Commodities Strategy Trust Dividend Announcement

The firm also recently declared a monthly dividend, which will be paid on Monday, March 31st. Investors of record on Friday, March 14th will be given a dividend of $0.0697 per share. This represents a $0.84 annualized dividend and a yield of 9.54%. The ex-dividend date is Friday, March 14th.

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.