LPL Financial LLC Has $12.79 Million Stock Position in BlackRock Core Bond Trust (NYSE:BHK)

LPL Financial LLC boosted its position in shares of BlackRock Core Bond Trust (NYSE:BHK) by 0.3% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 1,222,614 shares of the investment management company’s stock after purchasing an additional 3,097 shares during the period. LPL Financial LLC’s holdings in BlackRock Core Bond Trust were worth $12,789,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Raymond James Financial Inc. acquired a new stake in shares of BlackRock Core Bond Trust during the fourth quarter worth approximately $6,402,000. Ibex Wealth Advisors acquired a new stake in BlackRock Core Bond Trust during the 4th quarter valued at $1,110,000. Dynamic Advisor Solutions LLC raised its position in BlackRock Core Bond Trust by 12.0% in the 4th quarter. Dynamic Advisor Solutions LLC now owns 303,989 shares of the investment management company’s stock valued at $3,180,000 after purchasing an additional 32,538 shares during the last quarter. Intellus Advisors LLC acquired a new position in BlackRock Core Bond Trust in the fourth quarter worth $175,000. Finally, Commonwealth Equity Services LLC grew its holdings in shares of BlackRock Core Bond Trust by 11.4% during the fourth quarter. Commonwealth Equity Services LLC now owns 136,485 shares of the investment management company’s stock worth $1,428,000 after purchasing an additional 13,992 shares during the last quarter.

BlackRock Core Bond Trust Stock Performance

Shares of NYSE:BHK opened at $10.94 on Thursday. The business has a fifty day moving average of $10.62 and a 200-day moving average of $10.99. BlackRock Core Bond Trust has a twelve month low of $10.09 and a twelve month high of $12.10.

BlackRock Core Bond Trust Dividend Announcement

The business also recently disclosed a monthly dividend, which was paid on Monday, March 31st. Shareholders of record on Friday, March 14th were given a $0.0746 dividend. This represents a $0.90 annualized dividend and a yield of 8.18%. The ex-dividend date was Friday, March 14th.

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.