SeaCrest Wealth Management LLC purchased a new position in BlackRock Core Bond Trust (NYSE:BHK) in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm purchased 17,800 shares of the investment management company’s stock, valued at approximately $250,000.
Other institutional investors have also modified their holdings of the company. Selway Asset Management grew its position in BlackRock Core Bond Trust by 6.1% during the 4th quarter. Selway Asset Management now owns 180,300 shares of the investment management company’s stock valued at $2,531,000 after purchasing an additional 10,300 shares during the last quarter. SG Americas Securities LLC grew its position in BlackRock Core Bond Trust by 330.3% during the 4th quarter. SG Americas Securities LLC now owns 30,974 shares of the investment management company’s stock valued at $435,000 after purchasing an additional 23,775 shares during the last quarter. Finally, Capital Investment Advisors LLC boosted its holdings in shares of BlackRock Core Bond Trust by 3.0% during the 4th quarter. Capital Investment Advisors LLC now owns 329,568 shares of the investment management company’s stock valued at $4,627,000 after acquiring an additional 9,635 shares during the last quarter.
Shares of BlackRock Core Bond Trust (NYSE BHK) traded up $0.09 during midday trading on Friday, hitting $13.08. 117,286 shares of the stock were exchanged, compared to its average volume of 134,487. BlackRock Core Bond Trust has a 12-month low of $12.91 and a 12-month high of $14.26.
The business also recently declared a monthly dividend, which will be paid on Wednesday, February 28th. Stockholders of record on Thursday, February 15th will be issued a dividend of $0.065 per share. This represents a $0.78 dividend on an annualized basis and a dividend yield of 5.96%. The ex-dividend date of this dividend is Wednesday, February 14th.
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BlackRock Core Bond Trust Company 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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