Oppenheimer & Co. Inc. Decreases Stock Position in BlackRock Core Bond Trust (NYSE:BHK)

Oppenheimer & Co. Inc. cut its position in BlackRock Core Bond Trust (NYSE:BHK) by 14.8% in the 2nd quarter, Holdings Channel.com reports. The firm owned 21,161 shares of the investment management company’s stock after selling 3,674 shares during the quarter. Oppenheimer & Co. Inc.’s holdings in BlackRock Core Bond Trust were worth $298,000 as of its most recent SEC filing.

Several other hedge funds have also recently made changes to their positions in the company. Sit Investment Associates Inc. boosted its stake in shares of BlackRock Core Bond Trust by 28.8% in the first quarter. Sit Investment Associates Inc. now owns 1,404,841 shares of the investment management company’s stock valued at $18,895,000 after purchasing an additional 314,463 shares during the period. Capital Investment Advisors LLC boosted its stake in BlackRock Core Bond Trust by 5.8% during the 2nd quarter. Capital Investment Advisors LLC now owns 530,531 shares of the investment management company’s stock valued at $7,459,000 after acquiring an additional 29,179 shares during the last quarter. ProVise Management Group LLC boosted its stake in BlackRock Core Bond Trust by 5.7% during the 2nd quarter. ProVise Management Group LLC now owns 364,309 shares of the investment management company’s stock valued at $5,122,000 after acquiring an additional 19,648 shares during the last quarter. Ibex Wealth Advisors boosted its stake in BlackRock Core Bond Trust by 27.1% during the 2nd quarter. Ibex Wealth Advisors now owns 253,090 shares of the investment management company’s stock valued at $3,558,000 after acquiring an additional 54,032 shares during the last quarter. Finally, Raymond James Financial Services Advisors Inc. boosted its stake in BlackRock Core Bond Trust by 1.3% during the 1st quarter. Raymond James Financial Services Advisors Inc. now owns 68,964 shares of the investment management company’s stock valued at $928,000 after acquiring an additional 877 shares during the last quarter.

NYSE BHK traded down $0.05 during trading hours on Thursday, reaching $14.35. 713 shares of the company traded hands, compared to its average volume of 124,702. BlackRock Core Bond Trust has a 12 month low of $12.08 and a 12 month high of $14.72. The company has a 50 day moving average of $14.45 and a two-hundred day moving average of $13.77.

The business also recently disclosed a monthly dividend, which will be paid on Monday, September 30th. Shareholders of record on Monday, September 16th will be paid a dividend of $0.06 per share. The ex-dividend date is Friday, September 13th. This represents a $0.72 dividend on an annualized basis and a yield of 5.02%.

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.

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Institutional Ownership by Quarter for BlackRock Core Bond Trust (NYSE:BHK)

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