Brown Brothers Harriman & Co. Purchases Shares of 2,667 BlackRock Core Bond Trust (NYSE:BHK)

Brown Brothers Harriman & Co. purchased a new stake in shares of BlackRock Core Bond Trust (NYSE:BHK) in the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm purchased 2,667 shares of the investment management company’s stock, valued at approximately $32,000.

A number of other hedge funds also recently modified their holdings of the business. International Assets Investment Management LLC raised its position in BlackRock Core Bond Trust by 1,104.0% during 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 during the last quarter. B. Riley Wealth Advisors Inc. lifted its stake in shares of BlackRock Core Bond Trust by 77.8% in the first quarter. B. Riley Wealth Advisors Inc. now owns 136,470 shares of the investment management company’s stock worth $1,357,000 after acquiring an additional 59,706 shares during the period. Private Advisor Group LLC boosted its holdings in BlackRock Core Bond Trust by 23.0% in the third quarter. Private Advisor Group LLC now owns 237,370 shares of the investment management company’s stock valued at $2,858,000 after acquiring an additional 44,366 shares during the last quarter. Patten Group Inc. increased its position in BlackRock Core Bond Trust by 71.7% during the 3rd quarter. Patten Group Inc. now owns 56,959 shares of the investment management company’s stock valued at $686,000 after purchasing an additional 23,789 shares during the period. Finally, Dynamic Advisor Solutions LLC lifted its position in shares of BlackRock Core Bond Trust by 4.7% in the 2nd quarter. Dynamic Advisor Solutions LLC now owns 271,288 shares of the investment management company’s stock worth $2,889,000 after purchasing an additional 12,212 shares during the period.

BlackRock Core Bond Trust Stock Performance

Shares of NYSE BHK opened at $11.17 on Friday. The company’s 50 day moving average price is $11.56 and its 200-day moving average price is $11.21. BlackRock Core Bond Trust has a 52-week low of $10.17 and a 52-week high of $12.10.

BlackRock Core Bond Trust Announces Dividend

The firm also recently declared a monthly dividend, which will be paid on Friday, November 29th. Shareholders of record on Friday, November 15th will be issued a dividend of $0.0746 per share. The ex-dividend date of this dividend is Friday, November 15th. This represents a $0.90 dividend on an annualized basis and a yield of 8.01%.

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.