Patten Group Inc. Purchases 3,740 Shares of BlackRock Core Bond Trust (NYSE:BHK)

Patten Group Inc. grew its position in shares of BlackRock Core Bond Trust (NYSE:BHK) by 6.6% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 60,699 shares of the investment management company’s stock after purchasing an additional 3,740 shares during the quarter. Patten Group Inc.’s holdings in BlackRock Core Bond Trust were worth $635,000 as of its most recent SEC filing.

Several other institutional investors have also recently modified their holdings of the company. Pinnacle Associates Ltd. grew its position in BlackRock Core Bond Trust by 7.6% during the 3rd quarter. Pinnacle Associates Ltd. now owns 14,211 shares of the investment management company’s stock worth $171,000 after acquiring an additional 1,000 shares during the last quarter. Private Trust Co. NA grew its position in BlackRock Core Bond Trust by 1.9% during the 4th quarter. Private Trust Co. NA now owns 118,524 shares of the investment management company’s stock worth $1,240,000 after acquiring an additional 2,225 shares during the last quarter. Brown Brothers Harriman & Co. purchased a new stake in BlackRock Core Bond Trust in the 3rd quarter worth approximately $32,000. Steward Partners Investment Advisory LLC lifted its holdings in BlackRock Core Bond Trust by 34.8% in the 4th quarter. Steward Partners Investment Advisory LLC now owns 10,611 shares of the investment management company’s stock worth $111,000 after buying an additional 2,739 shares during the period. Finally, HighTower Advisors LLC purchased a new stake in BlackRock Core Bond Trust in the 3rd quarter worth approximately $134,000.

BlackRock Core Bond Trust Trading Down 0.8 %

NYSE BHK opened at $10.78 on Wednesday. BlackRock Core Bond Trust has a fifty-two week low of $10.09 and a fifty-two week high of $12.10. The stock has a 50 day simple moving average of $10.48 and a two-hundred day simple moving average of $11.13.

BlackRock Core Bond Trust Dividend Announcement

The firm also recently disclosed a monthly dividend, which will be paid on Monday, March 31st. Shareholders of record on Friday, March 14th will be issued a $0.0746 dividend. This represents a $0.90 annualized dividend and a yield of 8.31%. The ex-dividend date is Friday, March 14th.

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.