Private Trust Co. NA Raises Position in BlackRock Core Bond Trust (NYSE:BHK)

Private Trust Co. NA lifted its stake in shares of BlackRock Core Bond Trust (NYSE:BHK) by 18.3% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 116,299 shares of the investment management company’s stock after buying an additional 17,992 shares during the period. Private Trust Co. NA’s holdings in BlackRock Core Bond Trust were worth $1,400,000 at the end of the most recent quarter.

Several other institutional investors have also bought and sold shares of the stock. Brown Brothers Harriman & Co. purchased a new position in BlackRock Core Bond Trust during the 3rd quarter worth $32,000. Fiera Capital Corp lifted its position in shares of BlackRock Core Bond Trust by 5.7% during the third quarter. Fiera Capital Corp now owns 225,190 shares of the investment management company’s stock valued at $2,711,000 after purchasing an additional 12,110 shares in the last quarter. Pinnacle Associates Ltd. boosted its holdings in BlackRock Core Bond Trust by 7.6% during the third quarter. Pinnacle Associates Ltd. now owns 14,211 shares of the investment management company’s stock worth $171,000 after purchasing an additional 1,000 shares during the last quarter. Ellis Investment Partners LLC grew its position in BlackRock Core Bond Trust by 3.5% in the 3rd quarter. Ellis Investment Partners LLC now owns 73,588 shares of the investment management company’s stock worth $886,000 after purchasing an additional 2,491 shares in the last quarter. Finally, International Assets Investment Management LLC grew its position in BlackRock Core Bond Trust by 1,104.0% in the 3rd quarter. International Assets Investment Management LLC now owns 231,024 shares of the investment management company’s stock worth $27,820,000 after purchasing an additional 211,836 shares in the last quarter.

BlackRock Core Bond Trust Price Performance

BlackRock Core Bond Trust stock opened at $11.13 on Tuesday. BlackRock Core Bond Trust has a 52 week low of $10.17 and a 52 week high of $12.10. The company’s 50 day moving average price is $11.59 and its two-hundred day moving average price is $11.21.

BlackRock Core Bond Trust Announces Dividend

The firm also recently disclosed a monthly dividend, which will be paid on Friday, November 29th. Shareholders of record on Friday, November 15th will be given a $0.0746 dividend. The ex-dividend date of this dividend is Friday, November 15th. This represents a $0.90 annualized dividend and a yield of 8.04%.

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.