NewEdge Advisors LLC Purchases 1,507 Shares of BlackRock Core Bond Trust (NYSE:BHK)

NewEdge Advisors LLC boosted its position in BlackRock Core Bond Trust (NYSE:BHK) by 3.3% during the fourth quarter, Holdings Channel reports. The fund owned 46,689 shares of the investment management company’s stock after acquiring an additional 1,507 shares during the period. NewEdge Advisors LLC’s holdings in BlackRock Core Bond Trust were worth $488,000 at the end of the most recent reporting period.

A number of other institutional investors have also added to or reduced their stakes in the company. Raymond James Financial Inc. purchased a new stake in BlackRock Core Bond Trust during the fourth quarter valued at about $6,402,000. Guggenheim Capital LLC boosted its position in BlackRock Core Bond Trust by 32.4% during the fourth quarter. Guggenheim Capital LLC now owns 725,325 shares of the investment management company’s stock valued at $7,587,000 after buying an additional 177,672 shares during the period. Ibex Wealth Advisors purchased a new stake in BlackRock Core Bond Trust during the fourth quarter valued at about $1,110,000. 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 valued at $3,180,000 after buying an additional 32,538 shares during the period. Finally, Invesco Ltd. boosted its position in BlackRock Core Bond Trust by 5.6% during the fourth quarter. Invesco Ltd. now owns 384,369 shares of the investment management company’s stock valued at $4,020,000 after buying an additional 20,525 shares during the period.

BlackRock Core Bond Trust Stock Performance

NYSE BHK opened at $10.37 on Tuesday. The company has a 50-day simple moving average of $10.51 and a two-hundred day simple moving average of $10.76. BlackRock Core Bond Trust has a 12-month low of $9.79 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 Wednesday, April 30th. Shareholders of record on Tuesday, April 15th will be given a dividend of $0.0746 per share. The ex-dividend date of this dividend is Tuesday, April 15th. This represents a $0.90 annualized dividend and a yield of 8.63%.

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.