San Luis Wealth Advisors LLC Makes New $248,000 Investment in Blackrock Resources & Commodities Strategy Trust (NYSE:BCX)

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San Luis Wealth Advisors LLC purchased a new stake in shares of Blackrock Resources & Commodities Strategy Trust (NYSE:BCX) during the fourth quarter, HoldingsChannel reports. The institutional investor purchased 33,423 shares of the investment management company’s stock, valued at approximately $248,000.

Several other large investors have also recently bought and sold shares of the company. Koshinski Asset Management Inc. purchased a new stake in shares of Blackrock Resources & Commodities Strategy Trust during the fourth quarter valued at approximately $1,433,000. National Asset Management Inc. grew its holdings in shares of Blackrock Resources & Commodities Strategy Trust by 4.9% during the fourth quarter. National Asset Management Inc. now owns 35,740 shares of the investment management company’s stock valued at $265,000 after buying an additional 1,656 shares during the last quarter. Cambridge Investment Research Advisors Inc. grew its holdings in shares of Blackrock Resources & Commodities Strategy Trust by 36.3% during the fourth quarter. Cambridge Investment Research Advisors Inc. now owns 44,024 shares of the investment management company’s stock valued at $326,000 after buying an additional 11,735 shares during the last quarter. Quantedge Capital Pte Ltd purchased a new stake in shares of Blackrock Resources & Commodities Strategy Trust during the fourth quarter valued at approximately $3,665,000. Finally, Stratos Wealth Partners LTD. grew its holdings in shares of Blackrock Resources & Commodities Strategy Trust by 17.6% during the fourth quarter. Stratos Wealth Partners LTD. now owns 720,096 shares of the investment management company’s stock valued at $5,336,000 after buying an additional 107,825 shares during the last quarter.

NYSE:BCX opened at $8.78 on Thursday. The company’s 50 day moving average price is $8.14 and its 200-day moving average price is $6.89. Blackrock Resources & Commodities Strategy Trust has a 52 week low of $3.27 and a 52 week high of $8.79.

The company also recently declared a monthly dividend, which will be paid on Friday, February 26th. Stockholders of record on Tuesday, February 16th will be issued a dividend of $0.04 per share. This represents a $0.48 dividend on an annualized basis and a dividend yield of 5.47%. The ex-dividend date of this dividend is Friday, February 12th.

Blackrock Resources & Commodities Strategy Trust 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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