Selway Asset Management Sells 39,650 Shares of BlackRock Core Bond Trust (BHK)

Selway Asset Management lowered its stake in shares of BlackRock Core Bond Trust (NYSE:BHK) by 16.6% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 199,450 shares of the investment management company’s stock after selling 39,650 shares during the quarter. BlackRock Core Bond Trust accounts for 1.5% of Selway Asset Management’s investment portfolio, making the stock its 24th largest holding. Selway Asset Management owned 0.37% of BlackRock Core Bond Trust worth $2,549,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors also recently made changes to their positions in the company. Wells Fargo & Company MN grew its stake in BlackRock Core Bond Trust by 9.7% in the 2nd quarter. Wells Fargo & Company MN now owns 4,944,656 shares of the investment management company’s stock valued at $63,094,000 after purchasing an additional 435,945 shares during the period. Bank of America Corp DE grew its stake in BlackRock Core Bond Trust by 0.5% in the 2nd quarter. Bank of America Corp DE now owns 1,290,348 shares of the investment management company’s stock valued at $16,465,000 after purchasing an additional 5,795 shares during the period. Capital Investment Advisors LLC grew its stake in BlackRock Core Bond Trust by 5.0% in the 3rd quarter. Capital Investment Advisors LLC now owns 450,897 shares of the investment management company’s stock valued at $5,762,000 after purchasing an additional 21,400 shares during the period. Bartlett & Co. LLC grew its stake in BlackRock Core Bond Trust by 1.5% in the 3rd quarter. Bartlett & Co. LLC now owns 375,570 shares of the investment management company’s stock valued at $4,800,000 after purchasing an additional 5,413 shares during the period. Finally, Family Firm Inc. grew its stake in BlackRock Core Bond Trust by 3.8% in the 2nd quarter. Family Firm Inc. now owns 165,275 shares of the investment management company’s stock valued at $2,109,000 after purchasing an additional 6,056 shares during the period.

Shares of NYSE:BHK opened at $12.33 on Wednesday. BlackRock Core Bond Trust has a 1 year low of $12.26 and a 1 year high of $14.26.

The firm also recently disclosed a monthly dividend, which will be paid on Wednesday, October 31st. Shareholders of record on Monday, October 15th will be paid a $0.065 dividend. The ex-dividend date is Friday, October 12th. This represents a $0.78 dividend on an annualized basis and a yield of 6.33%.

BlackRock Core Bond Trust Profile

There is no company description available for BlackRock Core Bond Trust.

Read More: What is a stock buyback?

Institutional Ownership by Quarter for BlackRock Core Bond Trust (NYSE:BHK)

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