Private Advisor Group LLC Buys 13,279 Shares of BlackRock Core Bond Trust (NYSE:BHK)

Private Advisor Group LLC lifted its stake in BlackRock Core Bond Trust (NYSE:BHK) by 5.6% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 250,649 shares of the investment management company’s stock after buying an additional 13,279 shares during the period. Private Advisor Group LLC’s holdings in BlackRock Core Bond Trust were worth $2,622,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently modified their holdings of BHK. Dynamic Advisor Solutions LLC grew its position in BlackRock Core Bond Trust by 12.0% during the 4th quarter. Dynamic Advisor Solutions LLC now owns 303,989 shares of the investment management company’s stock worth $3,180,000 after acquiring an additional 32,538 shares during the last quarter. International Assets Investment Management LLC grew its holdings in shares of BlackRock Core Bond Trust by 1,104.0% in the third quarter. International Assets Investment Management LLC now owns 231,024 shares of the investment management company’s stock worth $27,820,000 after purchasing an additional 211,836 shares during the last quarter. Fiera Capital Corp grew its holdings in shares of BlackRock Core Bond Trust by 5.7% in the third quarter. Fiera Capital Corp now owns 225,190 shares of the investment management company’s stock worth $2,711,000 after purchasing an additional 12,110 shares during the last quarter. Private Trust Co. NA increased its stake in shares of BlackRock Core Bond Trust by 18.3% in the third quarter. Private Trust Co. NA now owns 116,299 shares of the investment management company’s stock worth $1,400,000 after buying an additional 17,992 shares during the period. Finally, Ibex Wealth Advisors bought a new stake in BlackRock Core Bond Trust during the 4th quarter valued at $1,110,000.

BlackRock Core Bond Trust Price Performance

Shares of BHK opened at $10.55 on Tuesday. BlackRock Core Bond Trust has a twelve month low of $10.09 and a twelve month high of $12.10. The firm has a fifty day simple moving average of $10.47 and a two-hundred day simple moving average of $11.15.

BlackRock Core Bond Trust Announces Dividend

The company also recently announced a monthly dividend, which will be paid on Friday, February 28th. Stockholders of record on Friday, February 14th will be issued a dividend of $0.0746 per share. The ex-dividend date of this dividend is Friday, February 14th. This represents a $0.90 dividend on an annualized basis and a dividend yield of 8.49%.

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.