Stonebrook Private Inc. Takes $230,000 Position in BlackRock Core Bond Trust (NYSE:BHK)

Stonebrook Private Inc. purchased a new stake in BlackRock Core Bond Trust (NYSE:BHK) in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm purchased 21,076 shares of the investment management company’s stock, valued at approximately $230,000.

Other hedge funds and other institutional investors also recently modified their holdings of the company. NBC Securities Inc. bought a new position in BlackRock Core Bond Trust in the third quarter valued at $52,000. Truist Financial Corp purchased a new position in shares of BlackRock Core Bond Trust during the 4th quarter valued at about $123,000. Atlantic Union Bankshares Corp lifted its position in BlackRock Core Bond Trust by 20.5% in the 4th quarter. Atlantic Union Bankshares Corp now owns 13,521 shares of the investment management company’s stock worth $148,000 after buying an additional 2,300 shares during the last quarter. Scotia Capital Inc. boosted its stake in BlackRock Core Bond Trust by 11.7% in the third quarter. Scotia Capital Inc. now owns 16,572 shares of the investment management company’s stock worth $165,000 after buying an additional 1,737 shares in the last quarter. Finally, Camelot Portfolios LLC grew its position in BlackRock Core Bond Trust by 27.0% during the fourth quarter. Camelot Portfolios LLC now owns 32,711 shares of the investment management company’s stock valued at $357,000 after acquiring an additional 6,948 shares during the last quarter.

BlackRock Core Bond Trust Price Performance

BHK stock opened at $10.32 on Tuesday. BlackRock Core Bond Trust has a one year low of $9.02 and a one year high of $11.08. The company’s 50 day moving average price is $10.56 and its two-hundred day moving average price is $10.42.

BlackRock Core Bond Trust Announces Dividend

The firm also recently announced a monthly dividend, which will be paid on Tuesday, April 30th. Investors of record on Monday, April 15th will be given a $0.075 dividend. This represents a $0.90 dividend on an annualized basis and a yield of 8.72%. The ex-dividend date is Friday, April 12th.

About BlackRock Core Bond Trust

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.