Ashton Thomas Securities LLC Sells 2,190 Shares of BlackRock Energy and Resources Trust (NYSE:BGR)

Ashton Thomas Securities LLC lessened its holdings in shares of BlackRock Energy and Resources Trust (NYSE:BGR) by 4.9% during the 4th quarter, Holdings Channel.com reports. The firm owned 42,955 shares of the company’s stock after selling 2,190 shares during the period. Ashton Thomas Securities LLC’s holdings in BlackRock Energy and Resources Trust were worth $542,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the business. Raymond James Trust N.A. acquired a new stake in BlackRock Energy and Resources Trust in the 3rd quarter valued at about $159,000. Brown Brothers Harriman & Co. acquired a new stake in shares of BlackRock Energy and Resources Trust in the third quarter valued at approximately $56,000. Mezzasalma Advisors LLC bought a new position in BlackRock Energy and Resources Trust in the 4th quarter worth approximately $138,000. Truist Financial Corp lifted its holdings in BlackRock Energy and Resources Trust by 5.0% during the 4th quarter. Truist Financial Corp now owns 135,942 shares of the company’s stock worth $1,714,000 after buying an additional 6,506 shares in the last quarter. Finally, Private Advisor Group LLC boosted its position in BlackRock Energy and Resources Trust by 25.5% in the 4th quarter. Private Advisor Group LLC now owns 18,525 shares of the company’s stock valued at $234,000 after buying an additional 3,763 shares during the last quarter.

BlackRock Energy and Resources Trust Price Performance

NYSE BGR opened at $13.66 on Wednesday. BlackRock Energy and Resources Trust has a 52 week low of $12.10 and a 52 week high of $13.94. The stock has a fifty day moving average of $13.33 and a 200-day moving average of $13.17.

BlackRock Energy and Resources Trust Dividend Announcement

The firm also recently announced a monthly dividend, which will be paid on Monday, March 31st. Stockholders of record on Friday, March 14th will be paid a $0.0973 dividend. This represents a $1.17 annualized dividend and a dividend yield of 8.55%. The ex-dividend date of this dividend is Friday, March 14th.

BlackRock Energy and Resources Trust Company Profile

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.