home Latest News IFP Advisors Inc Sold 4451 Shares of BlackRock Resources and Commodities (BCX) – BharataPress

IFP Advisors Inc Sold 4451 Shares of BlackRock Resources and Commodities (BCX) – BharataPress

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IFP Advisors Inc cut its holdings in BlackRock Resources and Commodities (NYSE:BCX) by 26.7% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 12,204 shares of the investment management company’s stock after selling 4,451 shares during the period. IFP Advisors Inc’s holdings in BlackRock Resources and Commodities were worth $86,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in the business. Penn Mutual Asset Management LLC bought a new stake in shares of BlackRock Resources and Commodities during the 3rd quarter valued at $1,910,000. Rivernorth Capital Management LLC bought a new stake in shares of BlackRock Resources and Commodities during the 3rd quarter valued at $1,541,000. 6 Meridian bought a new stake in shares of BlackRock Resources and Commodities during the 4th quarter valued at $857,000. LPL Financial LLC raised its position in shares of BlackRock Resources and Commodities by 134.1% during the 3rd quarter. LPL Financial LLC now owns 197,589 shares of the investment management company’s stock valued at $1,792,000 after purchasing an additional 113,176 shares during the period. Finally, Stratos Wealth Partners LTD. raised its position in shares of BlackRock Resources and Commodities by 24.6% during the 3rd quarter. Stratos Wealth Partners LTD. now owns 381,009 shares of the investment management company’s stock valued at $3,456,000 after purchasing an additional 75,250 shares during the period.

Shares of BCX stock opened at $7.82 on Tuesday. BlackRock Resources and Commodities has a one year low of $6.65 and a one year high of $9.95.

The business also recently announced a monthly dividend, which will be paid on Thursday, February 28th. Investors of record on Friday, February 15th will be paid a dividend of $0.0516 per share. The ex-dividend date of this dividend is Thursday, February 14th. This represents a $0.62 annualized dividend and a yield of 7.92%.

About BlackRock Resources and Commodities

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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