BlackRock Core Bond Trust $BHK Position Boosted by RHS Financial LLC

RHS Financial LLC lifted its holdings in BlackRock Core Bond Trust (NYSE:BHK) by 336.2% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 270,763 shares of the investment management company’s stock after purchasing an additional 208,690 shares during the period. BlackRock Core Bond Trust comprises 1.0% of RHS Financial LLC’s holdings, making the stock its 15th biggest holding. RHS Financial LLC’s holdings in BlackRock Core Bond Trust were worth $2,483,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Pension & Wealth Management Advisors Inc. lifted its stake in BlackRock Core Bond Trust by 36.9% during the second quarter. Pension & Wealth Management Advisors Inc. now owns 145,707 shares of the investment management company’s stock valued at $1,336,000 after purchasing an additional 39,245 shares during the last quarter. IMC Chicago LLC acquired a new position in BlackRock Core Bond Trust in the second quarter worth approximately $357,000. Janney Montgomery Scott LLC acquired a new position in BlackRock Core Bond Trust in the second quarter worth approximately $471,000. Eclectic Associates Inc. ADV increased its holdings in shares of BlackRock Core Bond Trust by 2.8% in the second quarter. Eclectic Associates Inc. ADV now owns 89,517 shares of the investment management company’s stock valued at $821,000 after buying an additional 2,451 shares in the last quarter. Finally, Dynamic Advisor Solutions LLC increased its holdings in shares of BlackRock Core Bond Trust by 10.6% in the second quarter. Dynamic Advisor Solutions LLC now owns 479,508 shares of the investment management company’s stock valued at $4,397,000 after buying an additional 45,941 shares in the last quarter.

BlackRock Core Bond Trust Trading Up 0.2%

Shares of NYSE:BHK opened at $8.98 on Wednesday. The stock has a fifty day moving average of $9.04 and a 200-day moving average of $9.17. BlackRock Core Bond Trust has a one year low of $8.69 and a one year high of $10.12.

BlackRock Core Bond Trust Announces Dividend

The business also recently announced a monthly dividend, which will be paid on Wednesday, September 30th. Stockholders of record on Tuesday, September 15th will be issued a dividend of $0.0746 per share. This represents a c) annualized dividend and a dividend yield of 10.0%. The ex-dividend date of this dividend is Tuesday, September 15th.

BlackRock Core Bond Trust Profile

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.