Corient Private Wealth LLC Takes $108,000 Position in BlackRock Core Bond Trust (NYSE:BHK)

Corient Private Wealth LLC acquired a new position in shares of BlackRock Core Bond Trust (NYSE:BHK) during the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm acquired 10,320 shares of the investment management company’s stock, valued at approximately $108,000.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Steward Partners Investment Advisory LLC raised its position in BlackRock Core Bond Trust by 34.8% in the 4th quarter. Steward Partners Investment Advisory LLC now owns 10,611 shares of the investment management company’s stock valued at $111,000 after buying an additional 2,739 shares during the last quarter. HighTower Advisors LLC acquired a new stake in shares of BlackRock Core Bond Trust in the third quarter valued at approximately $134,000. Morse Asset Management Inc bought a new stake in shares of BlackRock Core Bond Trust in the third quarter worth $161,000. Patten Group Inc. boosted its holdings in BlackRock Core Bond Trust by 6.6% during 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. Finally, Ibex Wealth Advisors acquired a new position in BlackRock Core Bond Trust during the fourth quarter worth $1,110,000.

BlackRock Core Bond Trust Trading Up 0.4 %

Shares of BHK stock opened at $10.94 on Thursday. The firm’s fifty day moving average price is $10.62 and its two-hundred day moving average price is $10.99. BlackRock Core Bond Trust has a 1 year low of $10.09 and a 1 year high of $12.10.

BlackRock Core Bond Trust Announces Dividend

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

BlackRock Core Bond Trust Company 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.