Patten Group Inc. Sells 2,054 Shares of BlackRock Core Bond Trust $BHK

Patten Group Inc. lowered its position in BlackRock Core Bond Trust (NYSE:BHK) by 2.8% in the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 71,339 shares of the investment management company’s stock after selling 2,054 shares during the period. Patten Group Inc.’s holdings in BlackRock Core Bond Trust were worth $693,000 as of its most recent SEC filing.

A number of other large investors have also made changes to their positions in the company. LPL Financial LLC increased its position in shares of BlackRock Core Bond Trust by 7.3% in the 1st quarter. LPL Financial LLC now owns 1,311,417 shares of the investment management company’s stock valued at $14,229,000 after buying an additional 88,803 shares in the last quarter. Guggenheim Capital LLC increased its holdings in BlackRock Core Bond Trust by 17.9% during the 1st quarter. Guggenheim Capital LLC now owns 855,104 shares of the investment management company’s stock worth $9,278,000 after purchasing an additional 129,779 shares in the last quarter. Absolute Investment Advisers LLC bought a new position in BlackRock Core Bond Trust during the 2nd quarter worth about $3,811,000. Dynamic Advisor Solutions LLC increased its holdings in BlackRock Core Bond Trust by 13.8% during the 2nd quarter. Dynamic Advisor Solutions LLC now owns 355,078 shares of the investment management company’s stock worth $3,451,000 after purchasing an additional 43,195 shares in the last quarter. Finally, Private Advisor Group LLC increased its holdings in BlackRock Core Bond Trust by 15.8% during the 1st quarter. Private Advisor Group LLC now owns 290,294 shares of the investment management company’s stock worth $3,150,000 after purchasing an additional 39,645 shares in the last quarter.

BlackRock Core Bond Trust Trading Down 0.7%

BHK stock opened at $9.86 on Thursday. The stock has a 50-day moving average price of $9.82 and a two-hundred day moving average price of $9.88. BlackRock Core Bond Trust has a 1 year low of $9.41 and a 1 year high of $11.75.

BlackRock Core Bond Trust Announces Dividend

The firm also recently disclosed a monthly dividend, which will be paid on Friday, October 31st. Shareholders of record on Wednesday, October 15th will be paid a $0.0746 dividend. The ex-dividend date is Wednesday, October 15th. This represents a c) annualized dividend and a yield of 9.1%.

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.