Intellus Advisors LLC Invests $175,000 in BlackRock Core Bond Trust (NYSE:BHK)

Intellus Advisors LLC bought a new position in shares of BlackRock Core Bond Trust (NYSE:BHK) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund bought 16,772 shares of the investment management company’s stock, valued at approximately $175,000.

A number of other institutional investors and hedge funds have also modified their holdings of BHK. Corient Private Wealth LLC purchased a new stake in BlackRock Core Bond Trust during the 4th quarter valued at about $108,000. Commonwealth Equity Services LLC grew its stake in BlackRock Core Bond Trust by 11.4% during the 4th quarter. Commonwealth Equity Services LLC now owns 136,485 shares of the investment management company’s stock valued at $1,428,000 after acquiring an additional 13,992 shares in the last quarter. Raymond James Financial Inc. purchased a new stake in BlackRock Core Bond Trust during the 4th quarter valued at about $6,402,000. Patten Group Inc. grew its stake in BlackRock Core Bond Trust by 6.6% during the 4th quarter. Patten Group Inc. now owns 60,699 shares of the investment management company’s stock valued at $635,000 after acquiring an additional 3,740 shares in the last quarter. Finally, Steward Partners Investment Advisory LLC grew its stake in BlackRock Core Bond Trust by 34.8% during the 4th quarter. Steward Partners Investment Advisory LLC now owns 10,611 shares of the investment management company’s stock valued at $111,000 after acquiring an additional 2,739 shares in the last quarter.

BlackRock Core Bond Trust Stock Up 0.2 %

Shares of NYSE BHK opened at $10.73 on Friday. The company has a 50-day moving average of $10.56 and a 200 day moving average of $11.05. BlackRock Core Bond Trust has a 12-month low of $10.09 and a 12-month high of $12.10.

BlackRock Core Bond Trust Announces Dividend

The company also recently declared a monthly dividend, which will be paid on Monday, March 31st. Stockholders of record on Friday, March 14th will be paid a $0.0746 dividend. The ex-dividend date of this dividend is Friday, March 14th. This represents a $0.90 annualized dividend and a dividend yield of 8.35%.

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.