BlackRock Core Bond Trust (NYSE:BHK) Shares Acquired by Ellis Investment Partners LLC

Ellis Investment Partners LLC raised its stake in BlackRock Core Bond Trust (NYSE:BHK) by 4.0% during the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 71,097 shares of the investment management company’s stock after purchasing an additional 2,710 shares during the period. Ellis Investment Partners LLC’s holdings in BlackRock Core Bond Trust were worth $757,000 as of its most recent SEC filing.

Several other institutional investors also recently added to or reduced their stakes in the company. International Assets Investment Management LLC grew its position in shares of BlackRock Core Bond Trust by 887.4% in the fourth quarter. International Assets Investment Management LLC now owns 191,558 shares of the investment management company’s stock valued at $2,090,000 after purchasing an additional 172,158 shares during the period. B. Riley Wealth Advisors Inc. grew its position in shares of BlackRock Core Bond Trust by 77.8% during the first quarter. B. Riley Wealth Advisors Inc. now owns 136,470 shares of the investment management company’s stock worth $1,357,000 after acquiring an additional 59,706 shares during the last quarter. Quadrature Capital Ltd bought a new stake in BlackRock Core Bond Trust during the 4th quarter valued at $404,000. Valley Financial Group Inc. bought a new position in shares of BlackRock Core Bond Trust in the fourth quarter valued at approximately $387,000. Finally, Private Trust Co. NA lifted its holdings in BlackRock Core Bond Trust by 23.6% in the 1st quarter. Private Trust Co. NA now owns 96,372 shares of the investment management company’s stock valued at $1,041,000 after acquiring an additional 18,415 shares during the last quarter.

BlackRock Core Bond Trust Price Performance

Shares of NYSE:BHK traded up $0.03 on Friday, reaching $11.84. The company had a trading volume of 208,581 shares, compared to its average volume of 159,736. BlackRock Core Bond Trust has a twelve month low of $9.02 and a twelve month high of $11.92. The stock has a 50-day moving average price of $11.15 and a 200 day moving average price of $10.78.

BlackRock Core Bond Trust Cuts Dividend

The business also recently disclosed a monthly dividend, which will be paid on Monday, September 30th. Investors of record on Monday, September 16th will be issued a $0.0746 dividend. The ex-dividend date is Monday, September 16th. This represents a $0.90 dividend on an annualized basis and a yield of 7.56%.

BlackRock Core Bond Trust Profile

BlackRock Core Bond Trust is a closed-ended fixed income mutual fund launched by BlackRock, Inc The fund is managed by BlackRock Advisors, LLC. It invests in the fixed income markets of the United States. The fund primarily invests in investment grade quality bonds, including corporate bonds, government and agency securities, and mortgage-related securities.