Raymond James & Associates Sells 41,503 Shares of BlackRock Core Bond Trust (NYSE:BHK)

Raymond James & Associates decreased its holdings in BlackRock Core Bond Trust (NYSE:BHK) by 11.1% in the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 332,488 shares of the investment management company’s stock after selling 41,503 shares during the period. Raymond James & Associates’ holdings in BlackRock Core Bond Trust were worth $4,003,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors also recently bought and sold shares of the business. Dynamic Advisor Solutions LLC raised its stake in BlackRock Core Bond Trust by 4.7% in the second quarter. Dynamic Advisor Solutions LLC now owns 271,288 shares of the investment management company’s stock worth $2,889,000 after buying an additional 12,212 shares in the last quarter. Family Firm Inc. increased its position in shares of BlackRock Core Bond Trust by 0.6% during the second quarter. Family Firm Inc. now owns 227,525 shares of the investment management company’s stock worth $2,423,000 after purchasing an additional 1,341 shares in the last quarter. Private Advisor Group LLC increased its position in shares of BlackRock Core Bond Trust by 6.7% during the second quarter. Private Advisor Group LLC now owns 193,004 shares of the investment management company’s stock worth $2,055,000 after purchasing an additional 12,059 shares in the last quarter. B. Riley Wealth Advisors Inc. increased its position in shares of BlackRock Core Bond Trust by 77.8% during the first quarter. B. Riley Wealth Advisors Inc. now owns 136,470 shares of the investment management company’s stock worth $1,357,000 after purchasing an additional 59,706 shares in the last quarter. Finally, Commonwealth Equity Services LLC increased its position in shares of BlackRock Core Bond Trust by 6.7% during the second quarter. Commonwealth Equity Services LLC now owns 123,571 shares of the investment management company’s stock worth $1,316,000 after purchasing an additional 7,736 shares in the last quarter.

BlackRock Core Bond Trust Stock Down 1.1 %

Shares of BHK stock opened at $11.50 on Friday. The business’s fifty day simple moving average is $11.74 and its 200-day simple moving average is $11.09. BlackRock Core Bond Trust has a 12-month low of $9.47 and a 12-month high of $12.10.

BlackRock Core Bond Trust Announces Dividend

The firm also recently declared a monthly dividend, which was paid on Thursday, October 31st. Stockholders of record on Tuesday, October 15th were given a dividend of $0.0746 per share. This represents a $0.90 dividend on an annualized basis and a dividend yield of 7.78%. The ex-dividend date of this dividend was Tuesday, October 15th.

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.