Stifel Financial Corp Reduces Holdings in BlackRock Core Bond Trust (NYSE:BHK)

Stifel Financial Corp trimmed its holdings in shares of BlackRock Core Bond Trust (NYSE:BHK) by 12.5% during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 173,402 shares of the investment management company’s stock after selling 24,701 shares during the quarter. Stifel Financial Corp’s holdings in BlackRock Core Bond Trust were worth $2,088,000 as of its most recent filing with the SEC.

Several other institutional investors have also modified their holdings of the business. Private Advisor Group LLC grew its stake in BlackRock Core Bond Trust by 23.0% during the 3rd quarter. Private Advisor Group LLC now owns 237,370 shares of the investment management company’s stock valued at $2,858,000 after purchasing an additional 44,366 shares in the last quarter. International Assets Investment Management LLC boosted its stake in shares of BlackRock Core Bond Trust by 1,104.0% during the 3rd quarter. International Assets Investment Management LLC now owns 231,024 shares of the investment management company’s stock valued at $27,820,000 after buying an additional 211,836 shares during the last quarter. Fiera Capital Corp raised its holdings in BlackRock Core Bond Trust by 5.7% in the third quarter. Fiera Capital Corp now owns 225,190 shares of the investment management company’s stock valued at $2,711,000 after acquiring an additional 12,110 shares in the last quarter. Commonwealth Equity Services LLC raised its holdings in BlackRock Core Bond Trust by 6.7% in the second quarter. Commonwealth Equity Services LLC now owns 123,571 shares of the investment management company’s stock valued at $1,316,000 after acquiring an additional 7,736 shares in the last quarter. Finally, Private Trust Co. NA boosted its stake in BlackRock Core Bond Trust by 18.3% during the 3rd quarter. Private Trust Co. NA now owns 116,299 shares of the investment management company’s stock valued at $1,400,000 after acquiring an additional 17,992 shares during the last quarter.

BlackRock Core Bond Trust Price Performance

BHK opened at $10.40 on Friday. The company has a 50-day moving average of $11.31 and a 200-day moving average of $11.27. BlackRock Core Bond Trust has a 1-year low of $10.17 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, December 23rd. Investors of record on Monday, December 16th will be issued a $0.0746 dividend. This represents a $0.90 annualized dividend and a yield of 8.61%. The ex-dividend date of this dividend is Monday, December 16th.

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.