Private Trust Co. NA Buys 2,225 Shares of BlackRock Core Bond Trust (NYSE:BHK)

Private Trust Co. NA lifted its stake in BlackRock Core Bond Trust (NYSE:BHK) by 1.9% during the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 118,524 shares of the investment management company’s stock after acquiring an additional 2,225 shares during the period. Private Trust Co. NA’s holdings in BlackRock Core Bond Trust were worth $1,240,000 at the end of the most recent reporting period.

Other institutional investors have also made changes to their positions in the company. HighTower Advisors LLC bought a new position in shares of BlackRock Core Bond Trust in the 3rd quarter valued at approximately $134,000. Private Advisor Group LLC increased its position in BlackRock Core Bond Trust by 5.6% in the 4th quarter. Private Advisor Group LLC now owns 250,649 shares of the investment management company’s stock worth $2,622,000 after buying an additional 13,279 shares during the period. Dynamic Advisor Solutions LLC increased 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 worth $3,180,000 after buying an additional 32,538 shares during the period. Brown Brothers Harriman & Co. bought a new position in BlackRock Core Bond Trust in the 3rd quarter worth approximately $32,000. Finally, Pinnacle Associates Ltd. increased its position in BlackRock Core Bond Trust by 7.6% in the 3rd quarter. Pinnacle Associates Ltd. now owns 14,211 shares of the investment management company’s stock worth $171,000 after buying an additional 1,000 shares during the period.

BlackRock Core Bond Trust Stock Up 0.4 %

Shares of NYSE BHK opened at $10.73 on Friday. The business’s 50 day moving average is $10.47 and its two-hundred day moving average is $11.14. BlackRock Core Bond Trust has a 12 month low of $10.09 and a 12 month high of $12.10.

BlackRock Core Bond Trust Dividend Announcement

The firm also recently declared a monthly dividend, which was paid on Friday, February 28th. Shareholders of record on Friday, February 14th were given a $0.0746 dividend. This represents a $0.90 annualized dividend and a yield of 8.35%. The ex-dividend date was Friday, February 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.