Landscape Capital Management L.L.C. Trims Stake in BlackRock Core Bond Trust $BHK

Landscape Capital Management L.L.C. lowered its position in BlackRock Core Bond Trust (NYSE:BHK) by 37.0% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 156,487 shares of the investment management company’s stock after selling 91,758 shares during the quarter. Landscape Capital Management L.L.C.’s holdings in BlackRock Core Bond Trust were worth $1,501,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Turim 21 Investimentos Ltda. purchased a new stake in shares of BlackRock Core Bond Trust in the third quarter valued at $31,000. Kestra Advisory Services LLC purchased a new stake in shares of BlackRock Core Bond Trust in the fourth quarter valued at $34,000. CIBC Private Wealth Group LLC purchased a new stake in shares of BlackRock Core Bond Trust in the fourth quarter valued at $37,000. Fifth Third Bancorp purchased a new stake in shares of BlackRock Core Bond Trust in the third quarter valued at $39,000. Finally, Arax Advisory Partners purchased a new stake in shares of BlackRock Core Bond Trust in the fourth quarter valued at $57,000.

BlackRock Core Bond Trust Stock Down 0.6%

BHK stock opened at $8.96 on Tuesday. BlackRock Core Bond Trust has a 12 month low of $8.69 and a 12 month high of $10.12. The firm’s 50-day moving average is $9.08 and its 200 day moving average is $9.34.

BlackRock Core Bond Trust Dividend Announcement

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

BlackRock Core Bond Trust Company 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.