BlackRock Core Bond Trust Plans Monthly Dividend of $0.07 (NYSE:BHK)

BlackRock Core Bond Trust (NYSE:BHKGet Rating) declared a monthly dividend on Tuesday, April 5th, Wall Street Journal reports. Shareholders of record on Thursday, April 14th will be given a dividend of 0.0746 per share by the investment management company on Friday, April 29th. This represents a $0.90 annualized dividend and a yield of 7.14%. The ex-dividend date is Wednesday, April 13th.

Shares of BlackRock Core Bond Trust stock opened at $12.54 on Tuesday. BlackRock Core Bond Trust has a 52-week low of $12.50 and a 52-week high of $17.36. The stock has a 50-day simple moving average of $13.19 and a 200-day simple moving average of $15.05.

Several institutional investors and hedge funds have recently added to or reduced their stakes in the company. Parametric Portfolio Associates LLC grew its position in BlackRock Core Bond Trust by 3.4% in the fourth quarter. Parametric Portfolio Associates LLC now owns 1,436,397 shares of the investment management company’s stock valued at $23,715,000 after acquiring an additional 46,652 shares during the period. Wells Fargo & Company MN grew its position in BlackRock Core Bond Trust by 8.9% in the fourth quarter. Wells Fargo & Company MN now owns 235,945 shares of the investment management company’s stock valued at $3,895,000 after acquiring an additional 19,379 shares during the period. Thrivent Financial for Lutherans grew its position in BlackRock Core Bond Trust by 7.2% in the fourth quarter. Thrivent Financial for Lutherans now owns 154,840 shares of the investment management company’s stock valued at $2,556,000 after acquiring an additional 10,409 shares during the period. Bank of New York Mellon Corp grew its position in BlackRock Core Bond Trust by 3.4% in the third quarter. Bank of New York Mellon Corp now owns 33,985 shares of the investment management company’s stock valued at $563,000 after acquiring an additional 1,127 shares during the period. Finally, NewEdge Advisors LLC bought a new stake in BlackRock Core Bond Trust in the fourth quarter valued at $399,000.

About BlackRock Core Bond Trust (Get Rating)

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.

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Dividend History for BlackRock Core Bond Trust (NYSE:BHK)

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