Wells Fargo & Company Increases Stake in BlackRock Resources & Commodity

Wells Fargo & Company has filed a Schedule 13G/A amendment, disclosing an increased ownership of 4,014,179 common shares of BlackRock Resources & Commodity, representing a 5.3% stake. The filing indicates that Wells Fargo & Company, along with its subsidiaries Wells Fargo Advisors Financial Network, LLC and Wells Fargo Clearing Services, LLC, has acquired these shares in the ordinary course of business and not for the purpose of influencing control of the issuer. The amendment reflects a significant increase in both the number of shares and the value of the holdings, with a 123.94% rise in value and a 123.94% increase in shares compared to the previous filing. The effective date of this filing is October 22, 2025.