Commonwealth Equity Services LLC Acquires 13,992 Shares of BlackRock Core Bond Trust (NYSE:BHK)

Commonwealth Equity Services LLC increased its holdings in shares of BlackRock Core Bond Trust (NYSE:BHK) by 11.4% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 136,485 shares of the investment management company’s stock after purchasing an additional 13,992 shares during the quarter. Commonwealth Equity Services LLC’s holdings in BlackRock Core Bond Trust were worth $1,428,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors have also recently modified their holdings of BHK. HighTower Advisors LLC purchased a new position in BlackRock Core Bond Trust in the 3rd quarter worth about $134,000. Raymond James Financial Inc. purchased a new position in shares of BlackRock Core Bond Trust during the fourth quarter valued at approximately $6,402,000. Steward Partners Investment Advisory LLC lifted its position in BlackRock Core Bond Trust by 34.8% during the fourth quarter. Steward Partners Investment Advisory LLC now owns 10,611 shares of the investment management company’s stock valued at $111,000 after purchasing an additional 2,739 shares during the period. Private Advisor Group LLC lifted its position in BlackRock Core Bond Trust by 5.6% during the fourth quarter. Private Advisor Group LLC now owns 250,649 shares of the investment management company’s stock valued at $2,622,000 after purchasing an additional 13,279 shares during the period. Finally, Patten Group Inc. boosted its holdings in BlackRock Core Bond Trust by 6.6% in the fourth quarter. Patten Group Inc. now owns 60,699 shares of the investment management company’s stock worth $635,000 after purchasing an additional 3,740 shares during the last quarter.

BlackRock Core Bond Trust Trading Up 1.0 %

Shares of BHK opened at $10.77 on Friday. The firm has a fifty day simple moving average of $10.60 and a two-hundred day simple moving average of $11.02. BlackRock Core Bond Trust has a 1-year low of $10.09 and a 1-year high of $12.10.

BlackRock Core Bond Trust Dividend Announcement

The company also recently disclosed a monthly dividend, which will be paid on Monday, March 31st. Investors of record on Friday, March 14th will be given a dividend of $0.0746 per share. This represents a $0.90 dividend on an annualized basis and a yield of 8.31%. The ex-dividend date of this dividend is Friday, March 14th.

About BlackRock Core Bond Trust

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.