73,970 Shares in Blackrock Resources & Commodities Strategy Trust (NYSE:BCX) Purchased by Ionic Capital Management LLC

Ionic Capital Management LLC acquired a new stake in shares of Blackrock Resources & Commodities Strategy Trust (NYSE:BCX) in the third quarter, according to its most recent filing with the Securities and Exchange Commission. The fund acquired 73,970 shares of the investment management company’s stock, valued at approximately $710,000.

Other hedge funds also recently made changes to their positions in the company. Comerica Bank grew its position in Blackrock Resources & Commodities Strategy Trust by 10.1% during the 1st quarter. Comerica Bank now owns 15,920 shares of the investment management company’s stock worth $145,000 after purchasing an additional 1,466 shares during the last quarter. Private Advisor Group LLC boosted its stake in Blackrock Resources & Commodities Strategy Trust by 1.9% in the second quarter. Private Advisor Group LLC now owns 88,941 shares of the investment management company’s stock valued at $817,000 after acquiring an additional 1,631 shares in the last quarter. Raymond James & Associates lifted its stake in shares of Blackrock Resources & Commodities Strategy Trust by 0.4% in the 3rd quarter. Raymond James & Associates now owns 415,390 shares of the investment management company’s stock worth $3,988,000 after acquiring an additional 1,633 shares during the period. Blue Bell Private Wealth Management LLC boosted its position in Blackrock Resources & Commodities Strategy Trust by 13.6% during the second quarter. Blue Bell Private Wealth Management LLC now owns 25,972 shares of the investment management company’s stock worth $239,000 after purchasing an additional 3,119 shares in the last quarter. Finally, Raymond James Trust N.A. boosted its holdings in shares of Blackrock Resources & Commodities Strategy Trust by 18.8% during the second quarter. Raymond James Trust N.A. now owns 20,782 shares of the investment management company’s stock worth $191,000 after purchasing an additional 3,296 shares during the last quarter.

Blackrock Resources & Commodities Strategy Trust Stock Performance

Shares of NYSE BCX opened at $9.31 on Tuesday. The business has a 50 day moving average price of $9.43 and a two-hundred day moving average price of $9.27. Blackrock Resources & Commodities Strategy Trust has a fifty-two week low of $8.25 and a fifty-two week high of $9.74.

Blackrock Resources & Commodities Strategy Trust Dividend Announcement

The firm also recently disclosed a monthly dividend, which will be paid on Monday, December 23rd. Stockholders of record on Monday, December 16th will be issued a dividend of $0.0697 per share. This represents a $0.84 dividend on an annualized basis and a dividend yield of 8.98%. The ex-dividend date is Monday, December 16th.

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.