BlackRock Core Bond Trust (BHK) to Issue Monthly Dividend of $0.07 on January 30th

BlackRock Core Bond Trust (NYSE:BHK) declared a monthly dividend on Friday, January 2nd. Investors of record on Tuesday, January 20th will be given a dividend of 0.0746 per share by the investment management company on Friday, January 30th. This represents a c) dividend on an annualized basis and a yield of 9.3%. The ex-dividend date is Tuesday, January 20th.

BlackRock Core Bond Trust Price Performance

BHK stock opened at $9.65 on Friday. BlackRock Core Bond Trust has a 1-year low of $9.39 and a 1-year high of $11.00. The business’s 50 day simple moving average is $9.58 and its 200 day simple moving average is $9.69.

Institutional Investors Weigh In On BlackRock Core Bond Trust

Several hedge funds have recently bought and sold shares of BHK. RHS Financial LLC acquired a new position in shares of BlackRock Core Bond Trust in the fourth quarter valued at approximately $146,000. Uncommon Cents Investing LLC lifted its holdings in BlackRock Core Bond Trust by 17.5% during the 4th quarter. Uncommon Cents Investing LLC now owns 15,606 shares of the investment management company’s stock worth $150,000 after purchasing an additional 2,325 shares during the last quarter. Allspring Global Investments Holdings LLC bought a new stake in BlackRock Core Bond Trust in the 4th quarter valued at $1,366,000. TrueMark Investments LLC acquired a new position in BlackRock Core Bond Trust in the 4th quarter valued at $187,000. Finally, Dynamic Advisor Solutions LLC grew its holdings in BlackRock Core Bond Trust by 3.9% in the 4th quarter. Dynamic Advisor Solutions LLC now owns 382,305 shares of the investment management company’s stock valued at $3,666,000 after buying an additional 14,292 shares in the last quarter.

About BlackRock Core Bond Trust

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.