Rockefeller Capital Management L.P. Has $2.11 Million Position in BlackRock Core Bond Trust $BHK

Rockefeller Capital Management L.P. reduced its stake in shares of BlackRock Core Bond Trust (NYSE:BHK) by 41.2% during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 220,017 shares of the investment management company’s stock after selling 154,292 shares during the period. Rockefeller Capital Management L.P.’s holdings in BlackRock Core Bond Trust were worth $2,110,000 as of its most recent SEC filing.

Other hedge funds have also modified their holdings of the company. Turim 21 Investimentos Ltda. purchased a new stake in shares of BlackRock Core Bond Trust during the third quarter worth $31,000. Kestra Advisory Services LLC purchased a new position in BlackRock Core Bond Trust in the fourth quarter valued at about $34,000. CIBC Private Wealth Group LLC acquired a new position in BlackRock Core Bond Trust in the 4th quarter worth about $37,000. Arax Advisory Partners acquired a new position in BlackRock Core Bond Trust in the 4th quarter worth about $57,000. Finally, Allworth Financial LP increased its position in 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 worth $90,000 after purchasing an additional 7,400 shares during the last quarter.

BlackRock Core Bond Trust Stock Up 0.8%

BHK opened at $9.15 on Tuesday. BlackRock Core Bond Trust has a fifty-two week low of $8.69 and a fifty-two week high of $10.12. The business has a 50-day moving average of $9.03 and a 200-day moving average of $9.30.

BlackRock Core Bond Trust Announces Dividend

The company also recently disclosed a monthly dividend, which will be paid on Wednesday, September 30th. Investors of record on Tuesday, September 15th will be issued a $0.0746 dividend. The ex-dividend date is Tuesday, September 15th. This represents a c) dividend on an annualized basis and a yield of 9.8%.

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.