Mezzasalma Advisors LLC Buys Shares of 10,973 BlackRock Energy and Resources Trust (NYSE:BGR)

Mezzasalma Advisors LLC purchased a new position in shares of BlackRock Energy and Resources Trust (NYSE:BGR) during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm purchased 10,973 shares of the company’s stock, valued at approximately $138,000.

Several other institutional investors and hedge funds have also modified their holdings of the business. Wolverine Asset Management LLC raised its holdings in BlackRock Energy and Resources Trust by 74.0% in the 3rd quarter. Wolverine Asset Management LLC now owns 103,908 shares of the company’s stock worth $1,338,000 after purchasing an additional 44,174 shares during the period. Creative Planning purchased a new stake in BlackRock Energy and Resources Trust in the second quarter worth about $416,000. Raymond James Trust N.A. bought a new position in shares of BlackRock Energy and Resources Trust in the third quarter worth about $159,000. Moors & Cabot Inc. purchased a new position in shares of BlackRock Energy and Resources Trust during the 3rd quarter valued at about $137,000. Finally, NBC Securities Inc. lifted its position in shares of BlackRock Energy and Resources Trust by 19.6% during the 3rd quarter. NBC Securities Inc. now owns 9,164 shares of the company’s stock valued at $118,000 after buying an additional 1,500 shares in the last quarter.

BlackRock Energy and Resources Trust Price Performance

BlackRock Energy and Resources Trust stock opened at $13.43 on Friday. BlackRock Energy and Resources Trust has a 12-month low of $12.00 and a 12-month high of $13.85. The firm has a 50 day moving average of $13.14 and a 200 day moving average of $13.09.

BlackRock Energy and Resources Trust Dividend Announcement

The company also recently disclosed a monthly dividend, which will be paid on Friday, February 28th. Stockholders of record on Friday, February 14th will be paid a $0.0973 dividend. The ex-dividend date of this dividend is Friday, February 14th. This represents a $1.17 dividend on an annualized basis and a dividend yield of 8.70%.

About BlackRock Energy and Resources Trust

BlackRock Energy and Resources Trust is a closed-ended equity mutual fund launched by BlackRock, Inc The fund is co-managed by BlackRock Advisors, LLC and BlackRock International Limited. It invests in public equity markets across the globe, with an emphasis on the United States. The fund seeks to invest in stocks of companies operating in the energy and natural resources sectors.