ProVise Management Group LLC boosted its holdings in shares of BlackRock Core Bond Trust (NYSE:BHK) by 4.6% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 338,655 shares of the investment management company’s stock after buying an additional 14,940 shares during the period. ProVise Management Group LLC owned approximately 0.63% of BlackRock Core Bond Trust worth $4,755,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Other institutional investors have also recently bought and sold shares of the company. Park Avenue Securities LLC purchased a new stake in shares of BlackRock Core Bond Trust in the fourth quarter worth about $193,000. SeaCrest Wealth Management LLC purchased a new position in BlackRock Core Bond Trust during the fourth quarter worth approximately $250,000. SG Americas Securities LLC boosted its position in BlackRock Core Bond Trust by 330.3% during the fourth quarter. SG Americas Securities LLC now owns 30,974 shares of the investment management company’s stock worth $435,000 after purchasing an additional 23,775 shares in the last quarter. Family Firm Inc. boosted its position in BlackRock Core Bond Trust by 7.7% during the fourth quarter. Family Firm Inc. now owns 136,938 shares of the investment management company’s stock worth $1,923,000 after purchasing an additional 9,732 shares in the last quarter. Finally, Selway Asset Management boosted its position in BlackRock Core Bond Trust by 6.1% during the fourth quarter. Selway Asset Management now owns 180,300 shares of the investment management company’s stock worth $2,531,000 after purchasing an additional 10,300 shares in the last quarter.
Shares of BlackRock Core Bond Trust (BHK) traded down $0.03 during mid-day trading on Tuesday, reaching $13.05. The company’s stock had a trading volume of 30,474 shares, compared to its average volume of 130,899. BlackRock Core Bond Trust has a 52 week low of $12.91 and a 52 week high of $14.26.
The company also recently announced a monthly dividend, which will be paid on Wednesday, February 28th. Shareholders of record on Thursday, February 15th will be issued a dividend of $0.065 per share. The ex-dividend date of this dividend is Wednesday, February 14th. This represents a $0.78 dividend on an annualized basis and a dividend yield of 5.98%.
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BlackRock Core Bond Trust Profile
BlackRock Core Bond Trust is a diversified, closed-end management investment company. The Trust’s investment objective is to provide current income and capital appreciation. It invests at least 75% of its assets in bonds that are investment grade quality at the time of investment. Its investments will include a range of bonds, including corporate bonds, the United States Government and agency securities and mortgage-related securities.
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