11,120 Shares in BlackRock Core Bond Trust (NYSE:BHK) Purchased by HighTower Advisors LLC

Posted by Defense World Staff on Dec 27th, 2024

HighTower Advisors LLC bought a new stake in shares of BlackRock Core Bond Trust (NYSE:BHK – Free Report) in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 11,120 shares of the investment management company’s stock, valued at approximately $134,000.

Several other hedge funds and other institutional investors have also made changes to their positions in BHK. Brown Brothers Harriman & Co. acquired a new position in BlackRock Core Bond Trust during the third quarter worth about $32,000. Fairscale Capital LLC acquired a new position in shares of BlackRock Core Bond Trust during the 2nd quarter worth approximately $35,000. Thurston Springer Miller Herd & Titak Inc. purchased a new stake in shares of BlackRock Core Bond Trust in the third quarter valued at approximately $48,000. JTC Employer Solutions Trustee Ltd purchased a new stake in shares of BlackRock Core Bond Trust in the third quarter valued at approximately $87,000. Finally, Gilman Hill Asset Management LLC acquired a new stake in shares of BlackRock Core Bond Trust in the third quarter valued at approximately $120,000.

BlackRock Core Bond Trust Price Performance

NYSE BHK opened at $10.58 on Friday. The stock’s fifty day moving average is $11.19 and its two-hundred day moving average is $11.26. BlackRock Core Bond Trust has a fifty-two week low of $10.17 and a fifty-two week high of $12.10.

BlackRock Core Bond Trust Announces Dividend

The company also recently declared a monthly dividend, which was paid on Monday, December 23rd. Stockholders of record on Monday, December 16th were given a dividend of $0.0746 per share. The ex-dividend date of this dividend was Monday, December 16th. This represents a $0.90 annualized dividend and a dividend yield of 8.46%.

About BlackRock Core Bond Trust

(Free Report)

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.