BlackRock Core Bond Trust $BHK Position Cut by Fiera Capital Corp

Fiera Capital Corp cut its stake in BlackRock Core Bond Trust (NYSE:BHK) by 90.9% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 24,337 shares of the investment management company’s stock after selling 243,427 shares during the period. Fiera Capital Corp’s holdings in BlackRock Core Bond Trust were worth $233,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also made changes to their positions in the company. Turim 21 Investimentos Ltda. acquired a new position in shares of BlackRock Core Bond Trust in the 3rd quarter valued at $31,000. Fifth Third Bancorp acquired a new position in shares of BlackRock Core Bond Trust in the 3rd quarter valued at $39,000. Allworth Financial LP boosted its position in shares of BlackRock Core Bond Trust by 441.8% in the 3rd quarter. Allworth Financial LP now owns 9,075 shares of the investment management company’s stock valued at $90,000 after purchasing an additional 7,400 shares during the period. Kestra Private Wealth Services LLC acquired a new position in shares of BlackRock Core Bond Trust in the 4th quarter valued at $96,000. Finally, Integrity Advisory Solutions LLC acquired a new position in shares of BlackRock Core Bond Trust in the 4th quarter valued at $110,000.

BlackRock Core Bond Trust Trading Down 0.2%

Shares of BHK opened at $8.92 on Thursday. BlackRock Core Bond Trust has a fifty-two week low of $8.69 and a fifty-two week high of $10.12. The business’s 50-day moving average is $9.09 and its 200-day moving average is $9.35.

BlackRock Core Bond Trust Announces Dividend

The business also recently disclosed a monthly dividend, which will be paid on Wednesday, September 30th. Stockholders of record on Tuesday, September 15th will be paid a $0.0746 dividend. The ex-dividend date is Tuesday, September 15th. This represents a c) annualized dividend and a dividend yield of 10.0%.

BlackRock Core Bond Trust Profile

BlackRock Core Bond Trust (NYSE: BHK) is a closed-end management investment company that seeks to provide shareholders with a high level of current income, consistent with the preservation of capital. The trust primarily invests in a diversified portfolio of investment-grade fixed-income securities, including U.S. government and agency obligations, corporate bonds, mortgage- and asset-backed securities, and other debt instruments. The fund may employ leverage to enhance its income-generating potential.

Since its inception in 2008, BHK has been managed by a dedicated team of fixed-income professionals at BlackRock Advisors, drawing on the firm’s global research capabilities and risk-management platform.