BlackRock Core Bond Trust (BHK) To Go Ex-Dividend on July 15th

BlackRock Core Bond Trust (NYSE:BHK) declared a monthly dividend on Friday, June 5th. Stockholders of record on Wednesday, July 15th will be paid a dividend of 0.0746 per share by the investment management company on Friday, July 31st. This represents a c) dividend on an annualized basis and a dividend yield of 9.9%. The ex-dividend date of this dividend is Wednesday, July 15th.

BlackRock Core Bond Trust Stock Performance

BHK stock opened at $9.03 on Monday. The company’s 50-day simple moving average is $9.01 and its 200 day simple moving average is $9.28. BlackRock Core Bond Trust has a 52 week low of $8.69 and a 52 week high of $10.12.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of the stock. Balyasny Asset Management L.P. bought a new position in BlackRock Core Bond Trust during the second quarter worth $7,163,000. Rivernorth Capital Management LLC bought a new stake in BlackRock Core Bond Trust in the fourth quarter worth approximately $4,777,000. 1607 Capital Partners LLC acquired a new position in BlackRock Core Bond Trust in the fourth quarter valued at approximately $4,355,000. Invesco Ltd. boosted its holdings in shares of BlackRock Core Bond Trust by 88.0% during the 3rd quarter. Invesco Ltd. now owns 888,549 shares of the investment management company’s stock worth $8,832,000 after buying an additional 415,911 shares in the last quarter. Finally, Landscape Capital Management L.L.C. increased its stake in shares of BlackRock Core Bond Trust by 1,020.5% in the 3rd quarter. Landscape Capital Management L.L.C. now owns 248,245 shares of the investment management company’s stock valued at $2,468,000 after acquiring an additional 226,091 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.