BlackRock Core Bond Trust (NYSE:BHK) Short Interest Update

BlackRock Core Bond Trust (NYSE:BHK) was the recipient of a large growth in short interest in the month of September. As of September 15th, there was short interest totalling 771,900 shares, a growth of 10.0% from the August 31st total of 701,800 shares. Based on an average daily volume of 158,500 shares, the short-interest ratio is currently 4.9 days.

Institutional Trading of BlackRock Core Bond Trust

A number of institutional investors have recently made changes to their positions in BHK. B. Riley Wealth Advisors Inc. lifted its stake in shares of BlackRock Core Bond Trust by 77.8% in the 1st quarter. B. Riley Wealth Advisors Inc. now owns 136,470 shares of the investment management company’s stock worth $1,357,000 after acquiring an additional 59,706 shares during the period. Quadrature Capital Ltd acquired a new stake in shares of BlackRock Core Bond Trust in the 4th quarter worth approximately $404,000. Valley Financial Group Inc. acquired a new stake in shares of BlackRock Core Bond Trust in the 4th quarter worth approximately $387,000. Accel Wealth Management lifted its stake in shares of BlackRock Core Bond Trust by 17.0% in the 1st quarter. Accel Wealth Management now owns 99,208 shares of the investment management company’s stock worth $1,071,000 after acquiring an additional 14,394 shares during the period. Finally, Sanders Morris Harris LLC acquired a new stake in shares of BlackRock Core Bond Trust in the 1st quarter worth approximately $151,000.

BlackRock Core Bond Trust Trading Up 0.1 %

BlackRock Core Bond Trust stock traded up $0.02 during midday trading on Tuesday, reaching $12.06. 127,984 shares of the stock traded hands, compared to its average volume of 160,566. The firm has a fifty day moving average price of $11.51 and a two-hundred day moving average price of $10.93. BlackRock Core Bond Trust has a fifty-two week low of $9.02 and a fifty-two week high of $12.10.

BlackRock Core Bond Trust Dividend Announcement

The company also recently announced a monthly dividend, which will be paid on Thursday, October 31st. Shareholders of record on Tuesday, October 15th will be paid a dividend of $0.0746 per share. This represents a $0.90 dividend on an annualized basis and a yield of 7.43%. The ex-dividend date of this dividend is Tuesday, October 15th.

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.