BlackRock Core Bond Trust (NYSE:BHK) Shares Sold by International Assets Investment Management LLC

International Assets Investment Management LLC lowered its stake in BlackRock Core Bond Trust (NYSE:BHK) by 11.0% during the 1st quarter, Holdings Channel.com reports. The institutional investor owned 15,417 shares of the investment management company’s stock after selling 1,900 shares during the period. International Assets Investment Management LLC’s holdings in BlackRock Core Bond Trust were worth $167,000 at the end of the most recent reporting period.

A number of other hedge funds have also modified their holdings of BHK. LPL Financial LLC grew its holdings in shares of BlackRock Core Bond Trust by 0.3% during the 4th quarter. LPL Financial LLC now owns 1,222,614 shares of the investment management company’s stock valued at $12,789,000 after acquiring an additional 3,097 shares in the last quarter. Guggenheim Capital LLC grew its position in BlackRock Core Bond Trust by 32.4% in the fourth quarter. Guggenheim Capital LLC now owns 725,325 shares of the investment management company’s stock worth $7,587,000 after acquiring an additional 177,672 shares in the last quarter. Raymond James Financial Inc. acquired a new position in shares of BlackRock Core Bond Trust during the 4th quarter worth $6,402,000. Wells Fargo & Company MN raised its holdings in shares of BlackRock Core Bond Trust by 2.2% during the 4th quarter. Wells Fargo & Company MN now owns 395,814 shares of the investment management company’s stock valued at $4,140,000 after purchasing an additional 8,437 shares in the last quarter. Finally, Invesco Ltd. lifted its stake in shares of BlackRock Core Bond Trust by 5.6% in the 4th quarter. Invesco Ltd. now owns 384,369 shares of the investment management company’s stock valued at $4,020,000 after purchasing an additional 20,525 shares during the last quarter.

BlackRock Core Bond Trust Trading Down 0.7%

Shares of NYSE:BHK opened at $9.68 on Friday. BlackRock Core Bond Trust has a 1 year low of $9.49 and a 1 year high of $12.10. The firm has a fifty day moving average price of $10.07 and a 200 day moving average price of $10.37.

BlackRock Core Bond Trust Dividend Announcement

The business also recently declared a monthly dividend, which will be paid on Monday, June 30th. Stockholders of record on Friday, June 13th will be paid a dividend of $0.0746 per share. The ex-dividend date is Friday, June 13th. This represents a $0.90 annualized dividend and a dividend yield of 9.25%.

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.