Family Firm Inc. Sells 4,552 Shares of BlackRock Core Bond Trust (NYSE:BHK)

Family Firm Inc. reduced its position in BlackRock Core Bond Trust (NYSE:BHK) by 2.0% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 217,677 shares of the investment management company’s stock after selling 4,552 shares during the quarter. Family Firm Inc.’s holdings in BlackRock Core Bond Trust were worth $2,277,000 at the end of the most recent quarter.

Several other hedge funds have also recently bought and sold shares of BHK. Raymond James Financial Inc. purchased a new stake in shares of BlackRock Core Bond Trust in the fourth quarter valued at about $6,402,000. Dynamic Advisor Solutions LLC boosted its position in BlackRock Core Bond Trust by 12.0% during the fourth quarter. Dynamic Advisor Solutions LLC now owns 303,989 shares of the investment management company’s stock worth $3,180,000 after purchasing an additional 32,538 shares during the period. Private Advisor Group LLC boosted its position in shares of BlackRock Core Bond Trust by 5.6% in the fourth quarter. Private Advisor Group LLC now owns 250,649 shares of the investment management company’s stock valued at $2,622,000 after acquiring an additional 13,279 shares during the period. Commonwealth Equity Services LLC boosted its position in shares of BlackRock Core Bond Trust by 11.4% in the fourth quarter. Commonwealth Equity Services LLC now owns 136,485 shares of the investment management company’s stock valued at $1,428,000 after acquiring an additional 13,992 shares during the period. Finally, Private Trust Co. NA boosted its position in shares of BlackRock Core Bond Trust by 1.9% in the fourth quarter. Private Trust Co. NA now owns 118,524 shares of the investment management company’s stock valued at $1,240,000 after acquiring an additional 2,225 shares during the period.

BlackRock Core Bond Trust Stock Performance

BHK stock opened at $10.66 on Friday. The firm has a 50 day moving average of $10.51 and a 200-day moving average of $11.10. 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 will be paid on Monday, March 31st. Shareholders of record on Friday, March 14th will be paid a dividend of $0.0746 per share. This represents a $0.90 annualized dividend and a dividend yield of 8.40%. The ex-dividend date is 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.