ProVise Management Group LLC Cuts Stock Position in BlackRock Core Bond Trust (NYSE:BHK)

ProVise Management Group LLC lessened its stake in shares of BlackRock Core Bond Trust (NYSE:BHK) by 2.1% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 118,474 shares of the investment management company’s stock after selling 2,553 shares during the quarter. ProVise Management Group LLC’s holdings in BlackRock Core Bond Trust were worth $1,239,000 at the end of the most recent quarter.

Several other large investors have also modified their holdings of BHK. Raymond James Financial Inc. purchased a new stake in shares of BlackRock Core Bond Trust during the fourth quarter worth approximately $6,402,000. Ibex Wealth Advisors acquired a new position in BlackRock Core Bond Trust during the fourth quarter worth $1,110,000. Dynamic Advisor Solutions LLC grew its holdings in BlackRock Core Bond Trust by 12.0% during the fourth quarter. Dynamic Advisor Solutions LLC now owns 303,989 shares of the investment management company’s stock worth $3,180,000 after acquiring an additional 32,538 shares during the period. Private Trust Co. NA grew its holdings in BlackRock Core Bond Trust by 18.3% during the third quarter. Private Trust Co. NA now owns 116,299 shares of the investment management company’s stock worth $1,400,000 after acquiring an additional 17,992 shares during the period. Finally, Commonwealth Equity Services LLC grew its holdings in BlackRock Core Bond Trust by 11.4% during the fourth quarter. Commonwealth Equity Services LLC now owns 136,485 shares of the investment management company’s stock worth $1,428,000 after acquiring an additional 13,992 shares during the period.

BlackRock Core Bond Trust Stock Up 0.1 %

Shares of BHK stock opened at $10.71 on Thursday. The business’s fifty day moving average price is $10.54 and its 200 day moving average price is $11.07. BlackRock Core Bond Trust has a 1-year low of $10.09 and a 1-year high of $12.10.

BlackRock Core Bond Trust Dividend Announcement

The firm also recently disclosed a monthly dividend, which will be paid on Monday, March 31st. Investors of record on Friday, March 14th will be issued a dividend of $0.0746 per share. This represents a $0.90 dividend on an annualized basis and a yield of 8.36%. The ex-dividend date is Friday, March 14th.

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.