BlackRock Resources and Commodities (BCX) Position Raised by Bank of Montreal Can

Bank of Montreal Can boosted its stake in BlackRock Resources and Commodities (NYSE:BCX) by 124.1% in the first quarter, Holdings Channel reports. The firm owned 116,342 shares of the investment management company’s stock after acquiring an additional 64,432 shares during the period. Bank of Montreal Can’s holdings in BlackRock Resources and Commodities were worth $951,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Advisor Group Inc. grew its stake in BlackRock Resources and Commodities by 3.4% in the fourth quarter. Advisor Group Inc. now owns 46,095 shares of the investment management company’s stock valued at $326,000 after acquiring an additional 1,516 shares during the period. RMB Capital Management LLC grew its stake in BlackRock Resources and Commodities by 279.1% in the fourth quarter. RMB Capital Management LLC now owns 664,586 shares of the investment management company’s stock valued at $4,692,000 after acquiring an additional 489,289 shares during the period. 6 Meridian grew its stake in BlackRock Resources and Commodities by 21.5% in the first quarter. 6 Meridian now owns 147,548 shares of the investment management company’s stock valued at $1,205,000 after acquiring an additional 26,103 shares during the period. Raymond James Trust N.A. grew its stake in BlackRock Resources and Commodities by 10.2% in the first quarter. Raymond James Trust N.A. now owns 13,407 shares of the investment management company’s stock valued at $109,000 after acquiring an additional 1,241 shares during the period. Finally, Stephens Inc. AR grew its stake in BlackRock Resources and Commodities by 33.9% in the fourth quarter. Stephens Inc. AR now owns 31,879 shares of the investment management company’s stock valued at $225,000 after acquiring an additional 8,075 shares during the period.

NYSE:BCX opened at $7.56 on Friday. BlackRock Resources and Commodities has a 1 year low of $6.65 and a 1 year high of $9.71.

The firm also recently announced a monthly dividend, which will be paid on Friday, May 31st. Shareholders of record on Wednesday, May 15th will be paid a $0.0516 dividend. The ex-dividend date is Tuesday, May 14th. This represents a $0.62 dividend on an annualized basis and a yield of 8.19%.

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BlackRock Resources and Commodities 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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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 and Commodities (NYSE:BCX).

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

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