Gilman Hill Asset Management LLC Takes $120,000 Position in BlackRock Core Bond Trust (NYSE:BHK)

Gilman Hill Asset Management LLC bought a new position in shares of BlackRock Core Bond Trust (NYSE:BHK) in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor bought 10,000 shares of the investment management company’s stock, valued at approximately $120,000.

Other hedge funds have also recently bought and sold shares of the company. Dynamic Advisor Solutions LLC increased its position in shares of BlackRock Core Bond Trust by 4.7% in the second quarter. Dynamic Advisor Solutions LLC now owns 271,288 shares of the investment management company’s stock worth $2,889,000 after acquiring an additional 12,212 shares in the last quarter. Family Firm Inc. lifted its stake in shares of BlackRock Core Bond Trust by 0.6% during the second quarter. Family Firm Inc. now owns 227,525 shares of the investment management company’s stock worth $2,423,000 after purchasing an additional 1,341 shares in the last quarter. Private Advisor Group LLC boosted its position in shares of BlackRock Core Bond Trust by 6.7% in the second quarter. Private Advisor Group LLC now owns 193,004 shares of the investment management company’s stock worth $2,055,000 after buying an additional 12,059 shares during the period. B. Riley Wealth Advisors Inc. boosted its position 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 buying an additional 59,706 shares during the period. Finally, Commonwealth Equity Services LLC grew its stake in shares of BlackRock Core Bond Trust by 6.7% in the second quarter. Commonwealth Equity Services LLC now owns 123,571 shares of the investment management company’s stock valued at $1,316,000 after buying an additional 7,736 shares in the last quarter.

BlackRock Core Bond Trust Price Performance

BlackRock Core Bond Trust stock opened at $11.72 on Monday. BlackRock Core Bond Trust has a one year low of $9.02 and a one year high of $12.10. The stock’s 50 day moving average price is $11.65 and its 200 day moving average price is $11.00.

BlackRock Core Bond Trust Dividend Announcement

The company also recently announced a monthly dividend, which will be paid on Thursday, October 31st. Stockholders of record on Tuesday, October 15th will be paid a $0.0746 dividend. The ex-dividend date of this dividend is Tuesday, October 15th. This represents a $0.90 annualized dividend and a dividend yield of 7.64%.

BlackRock Core Bond Trust 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.