BlackRock Core Bond Trust (NYSE:BHK – Get Free Report) declared a monthly dividend on Friday, June 5th. Shareholders of record on Tuesday, September 15th will be given a dividend of 0.0746 per share by the investment management company on Wednesday, September 30th. This represents a c) annualized dividend and a dividend yield of 10.2%. The ex-dividend date is Tuesday, September 15th.
BlackRock Core Bond Trust Stock Performance
Shares of BlackRock Core Bond Trust stock opened at $8.76 on Friday. BlackRock Core Bond Trust has a twelve month low of $8.69 and a twelve month high of $10.12. The business has a 50-day moving average price of $9.01 and a 200-day moving average price of $9.09.
Institutional Trading of BlackRock Core Bond Trust
Hedge funds have recently modified their holdings of the company. Turim 21 Investimentos Ltda. bought a new stake in BlackRock Core Bond Trust in the third quarter worth $31,000. Kestra Advisory Services LLC purchased a new position in BlackRock Core Bond Trust in the fourth quarter worth about $34,000. Axiom Investment Management LLC purchased a new stake in BlackRock Core Bond Trust during the first quarter valued at approximately $35,000. CIBC Private Wealth Group LLC bought a new stake in shares of BlackRock Core Bond Trust in the 4th quarter valued at approximately $37,000. Finally, Integrated Wealth Concepts LLC purchased a new position in shares of BlackRock Core Bond Trust in the 2nd quarter worth approximately $46,000.
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.
Further Reading
- Five stocks we like better than BlackRock Core Bond Trust
- Nasdaq’s $100 Million Kraken Bet Prepares It for a Market That Never Closes
- Copper’s Record Rally Highlights a Deeper Supply Problem
- Rocket Lab Tackles a Supply Chain Bottleneck as the Stock Hunts for a Bottom. Time to Buy?
- Optical Cable Corporation Is Starting to Get the Market’s Attention
Receive News & Ratings for BlackRock Core Bond Trust Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for BlackRock Core Bond Trust and related companies with MarketBeat.com's FREE daily email newsletter.
