First National Bank Sioux Falls Has $1.21 Million Stake in BlackRock Core Bond Trust (NYSE:BHK)

First National Bank Sioux Falls trimmed its holdings in BlackRock Core Bond Trust (NYSE:BHK) by 17.5% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 110,961 shares of the investment management company’s stock after selling 23,539 shares during the period. First National Bank Sioux Falls’ holdings in BlackRock Core Bond Trust were worth $1,211,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. NBC Securities Inc. bought a new stake in BlackRock Core Bond Trust in the third quarter valued at approximately $52,000. Atlantic Union Bankshares Corp raised its stake in BlackRock Core Bond Trust by 20.5% in the fourth quarter. Atlantic Union Bankshares Corp now owns 13,521 shares of the investment management company’s stock valued at $148,000 after buying an additional 2,300 shares during the period. Scotia Capital Inc. raised its stake in BlackRock Core Bond Trust by 11.7% in the third quarter. Scotia Capital Inc. now owns 16,572 shares of the investment management company’s stock valued at $165,000 after buying an additional 1,737 shares during the period. Camelot Portfolios LLC raised its stake in BlackRock Core Bond Trust by 27.0% in the fourth quarter. Camelot Portfolios LLC now owns 32,711 shares of the investment management company’s stock valued at $357,000 after buying an additional 6,948 shares during the period. Finally, Stratos Wealth Partners LTD. bought a new stake in BlackRock Core Bond Trust in the fourth quarter valued at approximately $694,000.

BlackRock Core Bond Trust Price Performance

NYSE:BHK traded up $0.04 on Tuesday, hitting $10.44. The company’s stock had a trading volume of 116,444 shares, compared to its average volume of 182,485. The stock has a fifty day moving average of $10.56 and a two-hundred day moving average of $10.40. BlackRock Core Bond Trust has a one year low of $9.02 and a one year high of $11.09.

BlackRock Core Bond Trust Dividend Announcement

The company also recently announced a monthly dividend, which will be paid on Tuesday, April 30th. Stockholders of record on Monday, April 15th will be paid a dividend of $0.075 per share. The ex-dividend date is Friday, April 12th. This represents a $0.90 dividend on an annualized basis and a dividend yield of 8.62%.

About BlackRock Core Bond Trust

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.