Blackrock Resources & Commodities Strategy Trust (NYSE:BCX) Institutional Investors 2019 Q1 Sentiment

Sentiment for Blackrock Resources & Commodities Strategy Trust (NYSE:BCX)

Blackrock Resources & Commodities Strategy Trust (NYSE:BCX) institutional sentiment decreased to 0.68 in Q1 2019. Its down -0.61, from 1.29 in 2018Q4. The ratio dropped, as 28 hedge funds opened new or increased positions, while 41 decreased and sold their holdings in Blackrock Resources & Commodities Strategy Trust. The hedge funds in our partner’s database now own: 32.61 million shares, down from 34.19 million shares in 2018Q4. Also, the number of hedge funds holding Blackrock Resources & Commodities Strategy Trust in their top 10 positions was flat from 1 to 1 for the same number . Sold All: 13 Reduced: 28 Increased: 17 New Position: 11.

Blackrock Resources & Commodities Strategy Trust is a closed-ended equity mutual fund launched by BlackRock, Inc. The company has market cap of $747.06 million. It is co-managed by BlackRock Advisors, LLC and BlackRock International Limited. It currently has negative earnings. The fund invests in the public equity markets of the United States.

The stock increased 0.27% or $0.02 during the last trading session, reaching $8.01. About 219,666 shares traded. Blackrock Resources & Commodities Strategy Trust (NYSE:BCX) has declined 21.38% since July 14, 2018 and is downtrending. It has underperformed by 25.81% the S&P500.

1607 Capital Partners Llc holds 2.38% of its portfolio in Blackrock Resources & Commodities Strategy Trust for 5.31 million shares. Cornerstone Advisors Inc owns 290,396 shares or 0.6% of their US portfolio. Moreover, Canal Insurance Co has 0.56% invested in the company for 200,000 shares. The Maryland-based Marathon Capital Management has invested 0.36% in the stock. Athena Capital Advisors Llc, a Massachusetts-based fund reported 117,653 shares.

More notable recent Blackrock Resources & Commodities Strategy Trust (NYSE:BCX) news were published by: Seekingalpha.com which released: “The Wood Market Gets Ready For Spring – Seeking Alpha” on February 20, 2019, also Seekingalpha.com with their article: “Weekly Closed-End Fund Roundup: DEX Tender Offer Live – Seeking Alpha” published on October 16, 2018, Nasdaq.com published: “5 Rules For Picking High-Yield CEFs – Nasdaq” on July 06, 2017. More interesting news about Blackrock Resources & Commodities Strategy Trust (NYSE:BCX) were released by: Seekingalpha.com and their article: “AT&T declares $0.51 dividend – Seeking Alpha” published on March 29, 2019 as well as Seekingalpha.com‘s news article titled: “Equity CEFs: Top Picks For 2019 – Seeking Alpha” with publication date: January 02, 2019.

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