Ibex Wealth Advisors Acquires New Position in BlackRock Core Bond Trust (NYSE:BHK)

Ibex Wealth Advisors bought a new position in shares of BlackRock Core Bond Trust (NYSE:BHK) during the 4th quarter, according to the company in its most recent filing with the SEC. The fund bought 106,119 shares of the investment management company’s stock, valued at approximately $1,110,000.

A number of other large investors have also modified their holdings of BHK. Dynamic Advisor Solutions LLC grew its stake in BlackRock Core Bond Trust by 12.0% in the 4th quarter. Dynamic Advisor Solutions LLC now owns 303,989 shares of the investment management company’s stock valued at $3,180,000 after acquiring an additional 32,538 shares during the last quarter. Private Advisor Group LLC grew its holdings in BlackRock Core Bond Trust by 23.0% during the 3rd quarter. Private Advisor Group LLC now owns 237,370 shares of the investment management company’s stock valued at $2,858,000 after buying an additional 44,366 shares during the last quarter. International Assets Investment Management LLC increased its position in BlackRock Core Bond Trust by 1,104.0% during the third quarter. International Assets Investment Management LLC now owns 231,024 shares of the investment management company’s stock worth $27,820,000 after buying an additional 211,836 shares in the last quarter. Fiera Capital Corp raised its holdings in shares of BlackRock Core Bond Trust by 5.7% in the third quarter. Fiera Capital Corp now owns 225,190 shares of the investment management company’s stock worth $2,711,000 after acquiring an additional 12,110 shares during the last quarter. Finally, Private Trust Co. NA lifted its position in shares of BlackRock Core Bond Trust by 18.3% in the third quarter. Private Trust Co. NA now owns 116,299 shares of the investment management company’s stock valued at $1,400,000 after acquiring an additional 17,992 shares in the last quarter.

BlackRock Core Bond Trust Stock Performance

Shares of NYSE:BHK traded up $0.02 during trading on Wednesday, reaching $10.49. The stock had a trading volume of 10,259 shares, compared to its average volume of 130,961. BlackRock Core Bond Trust has a fifty-two week low of $10.09 and a fifty-two week high of $12.10. The business has a fifty day moving average price of $10.72 and a 200-day moving average price of $11.22.

BlackRock Core Bond Trust Announces Dividend

The firm also recently disclosed a monthly dividend, which will be paid on Friday, January 31st. Stockholders of record on Wednesday, January 15th will be given a $0.0746 dividend. This represents a $0.90 dividend on an annualized basis and a dividend yield of 8.53%. The ex-dividend date is Wednesday, January 15th.

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.