BlackRock Global Energy & Resources Trus (BGR) : Northside Capital Management scooped up 49,013 additional shares in BlackRock Global Energy & Resources Trus during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Apr 19, 2016. The investment management firm now holds a total of 136,110 shares of BlackRock Global Energy & Resources Trus which is valued at $1,901,457.BlackRock Global Energy & Resources Trus makes up approximately 1.18% of Northside Capital Management’s portfolio.
BlackRock Global Energy & Resources Trus opened for trading at $13.76 and hit $13.97 on the upside on Friday, eventually ending the session at $13.97, with a gain of 1.38% or 0.19 points. The heightened volatility saw the trading volume jump to 51,980 shares. Company has a market cap of $372 M.
Other Hedge Funds, Including , Creative Planning reduced its stake in BGR by selling 144 shares or 3.07% in the most recent quarter. The Hedge Fund company now holds 4,545 shares of BGR which is valued at $59,858.Edge Wealth Management reduced its stake in BGR by selling 40 shares or 18.6% in the most recent quarter. The Hedge Fund company now holds 175 shares of BGR which is valued at $2,305.
BlackRock Energy and Resources Trust (the Trust) is a non-diversified closed-end management investment company. The Trust’s investment objective is to provide total return through a combination of current income current gains and long-term capital appreciation. The Trust seeks to achieve its investment objective by investing under normal market conditions at least 80% of its total assets in equity securities of energy and natural resources companies and equity derivatives with exposure to the energy and natural resources industry. The Trust invests in sectors such as Oil Gas and Consumable Fuels and Energy Equipment and Services. The Trust’s investment advisor is BlackRock Advisors LLC.