Stifel Financial Corp Decreases Position in BlackRock Core Bond Trust (NYSE:BHK)

Stifel Financial Corp lessened its position in BlackRock Core Bond Trust (NYSE:BHK) by 9.6% during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 156,802 shares of the investment management company’s stock after selling 16,600 shares during the period. Stifel Financial Corp’s holdings in BlackRock Core Bond Trust were worth $1,640,000 as of its most recent SEC filing.

A number of other institutional investors have also recently made changes to their positions in the company. Raymond James Financial Inc. bought a new position in BlackRock Core Bond Trust in the 4th quarter valued at approximately $6,402,000. Guggenheim Capital LLC raised its stake in shares of BlackRock Core Bond Trust by 32.4% in the fourth quarter. Guggenheim Capital LLC now owns 725,325 shares of the investment management company’s stock worth $7,587,000 after purchasing an additional 177,672 shares during the last quarter. Ibex Wealth Advisors bought a new position in shares of BlackRock Core Bond Trust during the fourth quarter valued at $1,110,000. Dynamic Advisor Solutions LLC boosted its position in shares of BlackRock Core Bond Trust by 12.0% during the fourth quarter. Dynamic Advisor Solutions LLC now owns 303,989 shares of the investment management company’s stock valued at $3,180,000 after buying an additional 32,538 shares during the last quarter. Finally, Invesco Ltd. increased its holdings in BlackRock Core Bond Trust by 5.6% in the 4th quarter. Invesco Ltd. now owns 384,369 shares of the investment management company’s stock worth $4,020,000 after buying an additional 20,525 shares in the last quarter.

BlackRock Core Bond Trust Price Performance

Shares of NYSE:BHK opened at $10.48 on Wednesday. The business has a 50-day simple moving average of $10.50 and a two-hundred day simple moving average of $10.72. BlackRock Core Bond Trust has a fifty-two week low of $9.79 and a fifty-two week high of $12.10.

BlackRock Core Bond Trust Announces Dividend

The business also recently disclosed a monthly dividend, which will be paid on Friday, May 30th. Investors of record on Thursday, May 15th will be given a dividend of $0.0746 per share. The ex-dividend date of this dividend is Thursday, May 15th. This represents a $0.90 dividend on an annualized basis and a yield of 8.54%.

BlackRock Core Bond Trust Company Profile

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.