Blackrock Resources & Commodities Strategy Trust (NYSE:BCX) Shares Pass Above Fifty Day Moving Average – Here’s What Happened

by · The Markets Daily

Shares of Blackrock Resources & Commodities Strategy Trust (NYSE:BCX – Get Free Report) passed above its 50 day moving average during trading on Monday . The stock has a 50 day moving average of $9.12 and traded as high as $9.36. Blackrock Resources & Commodities Strategy Trust shares last traded at $9.32, with a volume of 292,044 shares traded.

Blackrock Resources & Commodities Strategy Trust Price Performance

The company’s 50-day moving average price is $9.12 and its 200 day moving average price is $9.19.

Blackrock Resources & Commodities Strategy Trust Dividend Announcement

The firm also recently disclosed a monthly dividend, which was paid on Monday, March 31st. Investors of record on Friday, March 14th were given a dividend of $0.0697 per share. The ex-dividend date was Friday, March 14th. This represents a $0.84 annualized dividend and a dividend yield of 8.93%.

Hedge Funds Weigh In On Blackrock Resources & Commodities Strategy Trust

A number of institutional investors and hedge funds have recently made changes to their positions in BCX. Curio Wealth LLC purchased a new position in Blackrock Resources & Commodities Strategy Trust in the 4th quarter worth approximately $28,000. Wilmington Savings Fund Society FSB bought a new position in Blackrock Resources & Commodities Strategy Trust in the 3rd quarter valued at $35,000. Elequin Capital LP purchased a new position in Blackrock Resources & Commodities Strategy Trust in the 4th quarter worth about $58,000. CreativeOne Wealth LLC purchased a new position in Blackrock Resources & Commodities Strategy Trust during the 4th quarter worth $96,000. Finally, Virtu Financial LLC bought a new position in Blackrock Resources & Commodities Strategy Trust during the 3rd quarter worth about $99,000.

Blackrock Resources & Commodities Strategy Trust Company Profile

(Get Free Report)

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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