BlackRock Resources and Commodities (BCX) Shares Sold by Lazard Asset Management LLC

Lazard Asset Management LLC trimmed its stake in BlackRock Resources and Commodities (NYSE:BCX) by 11.8% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 5,507,686 shares of the investment management company’s stock after selling 738,455 shares during the period. Lazard Asset Management LLC’s holdings in BlackRock Resources and Commodities were worth $44,116,000 as of its most recent SEC filing.

Several other large investors also recently bought and sold shares of BCX. Stratos Wealth Partners LTD. lifted its position in BlackRock Resources and Commodities by 37.5% during the 2nd quarter. Stratos Wealth Partners LTD. now owns 194,049 shares of the investment management company’s stock valued at $1,554,000 after acquiring an additional 52,930 shares during the period. IFP Advisors Inc lifted its position in BlackRock Resources and Commodities by 8.8% during the 2nd quarter. IFP Advisors Inc now owns 23,033 shares of the investment management company’s stock valued at $184,000 after acquiring an additional 1,869 shares during the period. Peak Asset Management LLC lifted its position in BlackRock Resources and Commodities by 37.2% during the 2nd quarter. Peak Asset Management LLC now owns 66,852 shares of the investment management company’s stock valued at $535,000 after acquiring an additional 18,124 shares during the period. Advisors Asset Management Inc. lifted its position in BlackRock Resources and Commodities by 27.2% during the 2nd quarter. Advisors Asset Management Inc. now owns 681,564 shares of the investment management company’s stock valued at $5,459,000 after acquiring an additional 145,807 shares during the period. Finally, BB&T Securities LLC lifted its position in BlackRock Resources and Commodities by 18.2% during the 2nd quarter. BB&T Securities LLC now owns 67,186 shares of the investment management company’s stock valued at $538,000 after acquiring an additional 10,327 shares during the period.

Shares of BlackRock Resources and Commodities (NYSE:BCX) traded down 0.45% on Wednesday, reaching $8.82. 92,024 shares of the company were exchanged. BlackRock Resources and Commodities has a 52 week low of $7.63 and a 52 week high of $8.99. The company’s 50-day moving average is $8.57 and its 200-day moving average is $8.42.

The business also recently declared a monthly dividend, which will be paid on Friday, September 29th. Stockholders of record on Friday, September 15th will be issued a $0.0516 dividend. This represents a $0.62 dividend on an annualized basis and a dividend yield of 6.99%. The ex-dividend date of this dividend is Thursday, September 14th.

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About BlackRock Resources and Commodities

BlackRock Resources & Commodities Strategy Trust is a non-diversified, closed-end management investment company. The Trust’s primary investment objective is to seek high current income and current gains, with a secondary objective of capital appreciation. It will seek to achieve its investment objectives, under normal market conditions, by investing at least 80% of its total assets in equity securities issued by commodity or natural resources companies, derivatives with exposure to commodity or natural resources companies or investments in securities and derivatives linked to the underlying price movement of commodities or natural resources.

Institutional Ownership by Quarter for BlackRock Resources and Commodities (NYSE:BCX)

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