Family Firm Inc. boosted its position in shares of BlackRock Core Bond Trust (NYSE:BHK – Get Rating) by 32.4% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 169,957 shares of the investment management company's stock after purchasing an additional 41,624 shares during the period. Family Firm Inc.'s holdings in BlackRock Core Bond Trust were worth $1,700,000 at the end of the most recent reporting period.
Other institutional investors have also recently bought and sold shares of the company. Karpus Management Inc. bought a new position in BlackRock Core Bond Trust during the second quarter valued at about $7,136,000. Penserra Capital Management LLC bought a new position in shares of BlackRock Core Bond Trust in the third quarter worth about $3,252,000. LPL Financial LLC increased its stake in shares of BlackRock Core Bond Trust by 59.9% in the second quarter. LPL Financial LLC now owns 519,956 shares of the investment management company's stock worth $5,886,000 after purchasing an additional 194,759 shares during the period. Rivernorth Capital Management LLC bought a new position in shares of BlackRock Core Bond Trust in the first quarter worth about $2,522,000. Finally, Sit Investment Associates Inc. increased its stake in shares of BlackRock Core Bond Trust by 19.5% in the second quarter. Sit Investment Associates Inc. now owns 816,085 shares of the investment management company's stock worth $9,238,000 after purchasing an additional 133,252 shares during the period.
Get BlackRock Core Bond Trust alerts:BlackRock Core Bond Trust Trading Down 0.4 %
Shares of BlackRock Core Bond Trust stock traded down $0.04 during trading on Thursday, reaching $10.57. The company's stock had a trading volume of 85,517 shares, compared to its average volume of 189,078. BlackRock Core Bond Trust has a one year low of $9.50 and a one year high of $13.19. The business's fifty day moving average price is $11.06 and its 200-day moving average price is $10.80.
BlackRock Core Bond Trust Announces Dividend
The company also recently declared a monthly dividend, which will be paid on Friday, March 31st. Investors of record on Wednesday, March 15th will be paid a dividend of $0.075 per share. The ex-dividend date of this dividend is Tuesday, March 14th. This represents a $0.90 annualized dividend and a yield of 8.51%.
BlackRock Core Bond Trust Profile
(Get Rating)
BlackRock Core Bond Trust operates as a closed-end investment fund. The firm intends to provide current income and capital appreciation. Its investments include a broad range of bonds, including corporate bonds, US government and agency securities and mortgage-related securities. The company was founded on November 30, 2001 and is headquartered in Wilmington, DE.
Read More
- Get a free copy of the StockNews.com research report on BlackRock Core Bond Trust (BHK)
- Fossil Group: Should You Bet On Consumer Discretionary In 2023?
- BJ's Wholesale Club Stock Moves Higher After Strong Results
- Monthly Realty Income is About to Get Bigger
- 3 Large Cap Dividend Challengers for Millennial Investors
- Sea Ltd Is On The Verge Of A 100% Rally, Should You Buy?
Receive News & Ratings for BlackRock Core Bond Trust Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for BlackRock Core Bond Trust and related companies with MarketBeat.com's FREE daily email newsletter.