Private Advisor Group LLC Raises Position in BlackRock Core Bond Trust (NYSE:BHK)

Private Advisor Group LLC raised its position in shares of BlackRock Core Bond Trust (NYSE:BHK) by 5.6% during the 4th quarter, HoldingsChannel.com reports. The fund owned 250,649 shares of the investment management company’s stock after acquiring an additional 13,279 shares during the period. Private Advisor Group LLC’s holdings in BlackRock Core Bond Trust were worth $2,622,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in the company. International Assets Investment Management LLC boosted its position in shares of BlackRock Core Bond Trust by 1,104.0% during the third quarter. International Assets Investment Management LLC now owns 231,024 shares of the investment management company’s stock valued at $27,820,000 after purchasing an additional 211,836 shares in the last quarter. Pinnacle Associates Ltd. lifted its position in BlackRock Core Bond Trust by 7.6% during the third quarter. Pinnacle Associates Ltd. now owns 14,211 shares of the investment management company’s stock valued at $171,000 after buying an additional 1,000 shares during the period. Fiera Capital Corp boosted its holdings in shares of BlackRock Core Bond Trust by 5.7% during the 3rd quarter. Fiera Capital Corp now owns 225,190 shares of the investment management company’s stock valued at $2,711,000 after buying an additional 12,110 shares in the last quarter. Brown Brothers Harriman & Co. purchased a new stake in shares of BlackRock Core Bond Trust in the 3rd quarter worth about $32,000. Finally, Private Trust Co. NA increased its stake in shares of BlackRock Core Bond Trust by 18.3% in the 3rd quarter. Private Trust Co. NA now owns 116,299 shares of the investment management company’s stock worth $1,400,000 after acquiring an additional 17,992 shares in the last quarter.

BlackRock Core Bond Trust Trading Up 0.9 %

BHK stock opened at $10.55 on Tuesday. The firm has a 50 day moving average price of $10.47 and a 200-day moving average price of $11.15. BlackRock Core Bond Trust has a 52-week low of $10.09 and a 52-week high of $12.10.

BlackRock Core Bond Trust Announces Dividend

The business also recently announced a monthly dividend, which will be paid on Friday, February 28th. Stockholders of record on Friday, February 14th will be paid a $0.0746 dividend. The ex-dividend date of this dividend is Friday, February 14th. This represents a $0.90 dividend on an annualized basis and a dividend yield of 8.49%.

BlackRock Core Bond Trust Profile

BlackRock Core Bond Trust is a closed-ended fixed income mutual fund launched by BlackRock, Inc The fund is managed by BlackRock Advisors, LLC. It invests in the fixed income markets of the United States. The fund primarily invests in investment grade quality bonds, including corporate bonds, government and agency securities, and mortgage-related securities.