180 Wealth Advisors LLC grew its stake in shares of Blackrock Resources & Commodities Strategy Trust (NYSE:BCX – Free Report) by 7.5% in the first quarter, Holdings Channel reports. The firm owned 1,080,074 shares of the investment management company’s stock after acquiring an additional 74,976 shares during the period. Blackrock Resources & Commodities Strategy Trust accounts for approximately 1.5% of 180 Wealth Advisors LLC’s holdings, making the stock its 9th largest position. 180 Wealth Advisors LLC’s holdings in Blackrock Resources & Commodities Strategy Trust were worth $13,015,000 as of its most recent filing with the Securities and Exchange Commission.
A number of other hedge funds have also recently made changes to their positions in the stock. Wells Fargo & Company MN grew its position in Blackrock Resources & Commodities Strategy Trust by 2.2% during the 4th quarter. Wells Fargo & Company MN now owns 4,101,251 shares of the investment management company’s stock worth $45,032,000 after purchasing an additional 87,072 shares during the last quarter. Lazard Asset Management LLC lifted its position in Blackrock Resources & Commodities Strategy Trust by 19.1% during the 4th quarter. Lazard Asset Management LLC now owns 2,955,887 shares of the investment management company’s stock worth $32,456,000 after acquiring an additional 474,942 shares during the period. Invesco Ltd. lifted its position in Blackrock Resources & Commodities Strategy Trust by 2.2% during the 2nd quarter. Invesco Ltd. now owns 1,109,900 shares of the investment management company’s stock worth $10,489,000 after acquiring an additional 23,655 shares during the period. Allspring Global Investments Holdings LLC increased its holdings in shares of Blackrock Resources & Commodities Strategy Trust by 25.5% in the fourth quarter. Allspring Global Investments Holdings LLC now owns 954,111 shares of the investment management company’s stock valued at $10,476,000 after purchasing an additional 193,587 shares during the period. Finally, Royal Bank of Canada increased its holdings in shares of Blackrock Resources & Commodities Strategy Trust by 1.1% in the fourth quarter. Royal Bank of Canada now owns 762,547 shares of the investment management company’s stock valued at $8,373,000 after purchasing an additional 8,386 shares during the period.
Blackrock Resources & Commodities Strategy Trust Trading Up 0.1%
Shares of NYSE:BCX traded up $0.01 during trading on Friday, hitting $11.39. The stock had a trading volume of 107,090 shares, compared to its average volume of 244,923. Blackrock Resources & Commodities Strategy Trust has a 12-month low of $9.40 and a 12-month high of $13.86. The stock has a 50-day simple moving average of $11.79 and a two-hundred day simple moving average of $12.04.
Blackrock Resources & Commodities Strategy Trust Announces Dividend
About Blackrock Resources & Commodities Strategy Trust
BlackRock Resources & Commodities Strategy Trust (NYSE: BCX) is a closed-end management investment company focused on achieving total return through exposure to global commodities and natural resource sectors. Listed on the New York Stock Exchange, the trust offers investors a vehicle for diversified access to commodity markets, including energy, agriculture, metals and minerals, as well as related equities. By packaging multiple exposure strategies within a single portfolio, BCX seeks to deliver returns that are uncorrelated with traditional equity and fixed-income benchmarks.
The trust pursues its objectives through a combination of direct and indirect instruments.
Featured Stories
- Five stocks we like better than Blackrock Resources & Commodities Strategy Trust
- Delta Air Lines Lives Up to Its Claims: Shares Can Keep Climbing
- This Dividend ETF Choice Could Shape Your Income Strategy Through 2026
- Why “Big Short” Investor Michael Burry Sees Upside in Beaten-Down Sportbook Stocks
- Starbucks Builds Sovereign AI to Cut $400 Million in Software Costs
Want to see what other hedge funds are holding BCX? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Blackrock Resources & Commodities Strategy Trust (NYSE:BCX – Free Report).
Receive News & Ratings for Blackrock Resources & Commodities Strategy Trust Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Blackrock Resources & Commodities Strategy Trust and related companies with MarketBeat.com's FREE daily email newsletter.
