Ladenburg Thalmann Financial Services Inc. decreased its holdings in BlackRock Resources and Commodities (NYSE:BCX) by 17.0% in the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 70,411 shares of the investment management company’s stock after selling 14,421 shares during the quarter. Ladenburg Thalmann Financial Services Inc. owned 0.07% of BlackRock Resources and Commodities worth $625,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also bought and sold shares of the company. Citadel Advisors LLC purchased a new position in BlackRock Resources and Commodities in the second quarter worth approximately $147,000. Goldman Sachs Group Inc. lifted its stake in BlackRock Resources and Commodities by 92.0% in the second quarter. Goldman Sachs Group Inc. now owns 22,662 shares of the investment management company’s stock worth $182,000 after acquiring an additional 10,858 shares during the last quarter. Stockman Wealth Management Inc. lifted its stake in BlackRock Resources and Commodities by 164.2% in the second quarter. Stockman Wealth Management Inc. now owns 27,500 shares of the investment management company’s stock worth $220,000 after acquiring an additional 17,091 shares during the last quarter. Oppenheimer & Co. Inc. lifted its stake in BlackRock Resources and Commodities by 58.9% in the second quarter. Oppenheimer & Co. Inc. now owns 44,748 shares of the investment management company’s stock worth $359,000 after acquiring an additional 16,585 shares during the last quarter. Finally, Advisor Group Inc. lifted its stake in BlackRock Resources and Commodities by 58.0% in the second quarter. Advisor Group Inc. now owns 46,886 shares of the investment management company’s stock worth $376,000 after acquiring an additional 17,204 shares during the last quarter.

BlackRock Resources and Commodities (NYSE BCX) opened at $9.55 on Monday. BlackRock Resources and Commodities has a 12 month low of $7.76 and a 12 month high of $9.67.

The company also recently declared a monthly dividend, which will be paid on Friday, December 29th. Investors of record on Friday, December 15th will be paid a $0.0516 dividend. The ex-dividend date of this dividend is Thursday, December 14th. This represents a $0.62 dividend on an annualized basis and a yield of 6.48%.

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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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