BlackRock Core Bond Trust (BHK) To Go Ex-Dividend on December 22nd

BlackRock Core Bond Trust (NYSE:BHK) declared a monthly dividend on Friday, December 12th. Investors of record on Monday, December 22nd will be given a dividend of 0.0746 per share by the investment management company on Wednesday, December 31st. This represents a c) dividend on an annualized basis and a yield of 9.4%. The ex-dividend date is Monday, December 22nd.

BlackRock Core Bond Trust Trading Down 0.2%

BHK traded down $0.02 on Friday, reaching $9.56. 263,047 shares of the company traded hands, compared to its average volume of 251,639. The firm has a fifty day simple moving average of $9.67 and a two-hundred day simple moving average of $9.70. BlackRock Core Bond Trust has a one year low of $9.39 and a one year high of $11.00.

Institutional Investors Weigh In On BlackRock Core Bond Trust

Several institutional investors have recently bought and sold shares of the company. PNC Financial Services Group Inc. purchased a new stake in BlackRock Core Bond Trust during the 1st quarter worth approximately $27,000. Turim 21 Investimentos Ltda. purchased a new stake in BlackRock Core Bond Trust in the 3rd quarter worth approximately $31,000. Farther Finance Advisors LLC acquired a new position in shares of BlackRock Core Bond Trust in the third quarter worth about $35,000. Fifth Third Bancorp acquired a new position in BlackRock Core Bond Trust in the 3rd quarter worth about $39,000. Finally, Allworth Financial LP increased its position in shares of BlackRock Core Bond Trust by 441.8% in the third quarter. Allworth Financial LP now owns 9,075 shares of the investment management company’s stock valued at $90,000 after buying an additional 7,400 shares in the last quarter.

About BlackRock Core Bond Trust

BlackRock Core Bond Trust (NYSE: BHK) is a closed-end management investment company that seeks to provide shareholders with a high level of current income, consistent with the preservation of capital. The trust primarily invests in a diversified portfolio of investment-grade fixed-income securities, including U.S. government and agency obligations, corporate bonds, mortgage- and asset-backed securities, and other debt instruments. The fund may employ leverage to enhance its income-generating potential.

Since its inception in 2008, BHK has been managed by a dedicated team of fixed-income professionals at BlackRock Advisors, drawing on the firm’s global research capabilities and risk-management platform.