Shulman DeMeo Asset Management LLC Lowers Stock Position in BlackRock Core Bond Trust (NYSE:BHK)

Shulman DeMeo Asset Management LLC trimmed its stake in shares of BlackRock Core Bond Trust (NYSE:BHK) by 3.8% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 26,921 shares of the investment management company’s stock after selling 1,052 shares during the period. Shulman DeMeo Asset Management LLC’s holdings in BlackRock Core Bond Trust were worth $324,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently modified their holdings of the stock. Waterfront Wealth Inc. lifted its position in shares of BlackRock Core Bond Trust by 2.9% during the 2nd quarter. Waterfront Wealth Inc. now owns 34,704 shares of the investment management company’s stock valued at $370,000 after acquiring an additional 980 shares during the period. CreativeOne Wealth LLC lifted its position in shares of BlackRock Core Bond Trust by 6.2% during the 1st quarter. CreativeOne Wealth LLC now owns 17,324 shares of the investment management company’s stock valued at $187,000 after acquiring an additional 1,015 shares during the period. Family Firm Inc. raised its position in shares of BlackRock Core Bond Trust by 0.6% during the 2nd quarter. Family Firm Inc. now owns 227,525 shares of the investment management company’s stock worth $2,423,000 after purchasing an additional 1,341 shares during the last quarter. International Assets Investment Management LLC raised its position in shares of BlackRock Core Bond Trust by 9.3% during the 2nd quarter. International Assets Investment Management LLC now owns 19,188 shares of the investment management company’s stock worth $204,000 after purchasing an additional 1,630 shares during the last quarter. Finally, Atlantic Union Bankshares Corp raised its position in shares of BlackRock Core Bond Trust by 10.0% during the 2nd quarter. Atlantic Union Bankshares Corp now owns 23,256 shares of the investment management company’s stock worth $248,000 after purchasing an additional 2,120 shares during the last quarter.

BlackRock Core Bond Trust Trading Down 0.3 %

Shares of BlackRock Core Bond Trust stock traded down $0.03 during trading on Tuesday, hitting $11.74. 82,109 shares of the company were exchanged, compared to its average volume of 158,108. BlackRock Core Bond Trust has a fifty-two week low of $9.02 and a fifty-two week high of $12.10. The firm has a 50 day moving average price of $11.67 and a 200 day moving average price of $11.01.

BlackRock Core Bond Trust Dividend Announcement

The business also recently disclosed a monthly dividend, which will be paid on Thursday, October 31st. Investors of record on Tuesday, October 15th will be given a dividend of $0.0746 per share. The ex-dividend date is Tuesday, October 15th. This represents a $0.90 annualized dividend and a dividend yield of 7.63%.

BlackRock Core Bond Trust Company 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.