First National Bank Sioux Falls Reduces Stock Position in BlackRock Core Bond Trust (NYSE:BHK)

First National Bank Sioux Falls lowered its position in shares of BlackRock Core Bond Trust (NYSE:BHK) by 17.5% in the fourth quarter, according to its most recent 13F filing with the SEC. The firm owned 110,961 shares of the investment management company’s stock after selling 23,539 shares during the quarter. First National Bank Sioux Falls’ holdings in BlackRock Core Bond Trust were worth $1,211,000 as of its most recent filing with the SEC.

A number of other institutional investors have also modified their holdings of the company. Raymond James & Associates grew its holdings in shares of BlackRock Core Bond Trust by 8.4% during the 4th quarter. Raymond James & Associates now owns 1,022,092 shares of the investment management company’s stock worth $11,151,000 after purchasing an additional 79,057 shares during the period. UBS Group AG grew its holdings in shares of BlackRock Core Bond Trust by 8.9% during the 3rd quarter. UBS Group AG now owns 995,765 shares of the investment management company’s stock worth $9,898,000 after purchasing an additional 80,981 shares during the period. Capital Investment Advisors LLC lifted its position in BlackRock Core Bond Trust by 0.6% during the 4th quarter. Capital Investment Advisors LLC now owns 778,169 shares of the investment management company’s stock worth $8,490,000 after acquiring an additional 4,642 shares in the last quarter. LPL Financial LLC lifted its position in BlackRock Core Bond Trust by 1.6% during the 3rd quarter. LPL Financial LLC now owns 756,228 shares of the investment management company’s stock worth $7,517,000 after acquiring an additional 12,106 shares in the last quarter. Finally, Stifel Financial Corp lifted its position in BlackRock Core Bond Trust by 4.2% during the 3rd quarter. Stifel Financial Corp now owns 369,587 shares of the investment management company’s stock worth $3,674,000 after acquiring an additional 14,750 shares in the last quarter.

BlackRock Core Bond Trust Stock Performance

BlackRock Core Bond Trust stock traded up $0.04 during midday trading on Tuesday, hitting $10.44. 116,444 shares of the company were exchanged, compared to its average volume of 182,485. The company’s fifty day moving average price is $10.56 and its 200-day moving average price is $10.40. BlackRock Core Bond Trust has a fifty-two week low of $9.02 and a fifty-two week high of $11.09.

BlackRock Core Bond Trust Dividend Announcement

The company also recently declared a monthly dividend, which will be paid on Tuesday, April 30th. Stockholders of record on Monday, April 15th will be issued a $0.075 dividend. The ex-dividend date of this dividend is Friday, April 12th. This represents a $0.90 dividend on an annualized basis and a dividend yield of 8.62%.

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.