Accel Wealth Management increased its holdings in shares of BlackRock Core Bond Trust (NYSE:BHK – Free Report) by 17.0% during the 1st quarter, Holdings Channel.com reports. The institutional investor owned 99,208 shares of the investment management company’s stock after purchasing an additional 14,394 shares during the period. Accel Wealth Management’s holdings in BlackRock Core Bond Trust were worth $1,071,000 as of its most recent SEC filing.
Several other large investors have also recently added to or reduced their stakes in BHK. Atlantic Union Bankshares Corp grew its holdings in BlackRock Core Bond Trust by 56.3% during the 1st quarter. Atlantic Union Bankshares Corp now owns 21,136 shares of the investment management company’s stock worth $228,000 after acquiring an additional 7,615 shares in the last quarter. Dynamic Advisor Solutions LLC grew its holdings in BlackRock Core Bond Trust by 5.3% during the 1st quarter. Dynamic Advisor Solutions LLC now owns 259,076 shares of the investment management company’s stock worth $2,798,000 after acquiring an additional 13,011 shares in the last quarter. Sanders Morris Harris LLC acquired a new position in BlackRock Core Bond Trust during the 1st quarter worth approximately $151,000. Quadrature Capital Ltd acquired a new position in BlackRock Core Bond Trust during the 4th quarter worth approximately $404,000. Finally, Valley Financial Group Inc. acquired a new position in BlackRock Core Bond Trust during the 4th quarter worth approximately $387,000.
BlackRock Core Bond Trust Trading Up 0.2 %
NYSE BHK traded up $0.02 on Thursday, hitting $10.57. 60,539 shares of the stock were exchanged, compared to its average volume of 161,157. BlackRock Core Bond Trust has a fifty-two week low of $9.02 and a fifty-two week high of $11.00. The company has a 50-day moving average price of $10.57 and a 200-day moving average price of $10.64.
BlackRock Core Bond Trust Cuts Dividend
The company also recently declared a monthly dividend, which will be paid on Wednesday, July 31st. Shareholders of record on Monday, July 15th will be issued a dividend of $0.0746 per share. This represents a $0.90 annualized dividend and a yield of 8.47%. The ex-dividend date of this dividend is Monday, July 15th.
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.
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