Level Four Advisory Services LLC Has $285,000 Holdings in BlackRock Energy and Resources Trust (NYSE:BGR)

Level Four Advisory Services LLC decreased its position in BlackRock Energy and Resources Trust (NYSE:BGR) by 7.3% in the fourth quarter, according to its most recent 13F filing with the SEC. The firm owned 22,888 shares of the company’s stock after selling 1,811 shares during the period. Level Four Advisory Services LLC’s holdings in BlackRock Energy and Resources Trust were worth $285,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. City of London Investment Management Co. Ltd. purchased a new stake in BlackRock Energy and Resources Trust in the 3rd quarter worth about $7,826,000. Wolverine Asset Management LLC boosted its holdings in shares of BlackRock Energy and Resources Trust by 382.2% during the third quarter. Wolverine Asset Management LLC now owns 138,277 shares of the company’s stock worth $1,813,000 after purchasing an additional 109,599 shares during the period. International Assets Investment Management LLC purchased a new position in BlackRock Energy and Resources Trust during the fourth quarter valued at approximately $388,000. Janney Montgomery Scott LLC increased its stake in BlackRock Energy and Resources Trust by 64.7% in the 3rd quarter. Janney Montgomery Scott LLC now owns 47,701 shares of the company’s stock valued at $625,000 after buying an additional 18,733 shares during the period. Finally, Landscape Capital Management L.L.C. purchased a new stake in BlackRock Energy and Resources Trust in the 3rd quarter worth approximately $186,000.

BlackRock Energy and Resources Trust Stock Performance

BlackRock Energy and Resources Trust stock opened at $13.09 on Thursday. BlackRock Energy and Resources Trust has a 12 month low of $11.38 and a 12 month high of $13.68. The company’s fifty day simple moving average is $13.23 and its 200-day simple moving average is $12.69.

BlackRock Energy and Resources Trust Announces Dividend

The company 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 $0.066 dividend. The ex-dividend date of this dividend is Tuesday, May 14th. This represents a $0.79 dividend on an annualized basis and a yield of 6.05%.

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.