Farther Finance Advisors LLC Buys New Shares in BlackRock Core Bond Trust (NYSE:BHK)

Farther Finance Advisors LLC purchased a new stake in BlackRock Core Bond Trust (NYSE:BHK) during the first quarter, according to the company in its most recent filing with the SEC. The firm purchased 2,500 shares of the investment management company’s stock, valued at approximately $27,000.

A number of other hedge funds also recently made changes to their positions in the stock. Citadel Advisors LLC purchased a new stake in shares of BlackRock Core Bond Trust during the 4th quarter valued at about $128,000. Commonwealth Equity Services LLC grew its position in BlackRock Core Bond Trust by 11.4% in the fourth 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. Invesco Ltd. raised its stake in shares of BlackRock Core Bond Trust by 5.6% during the fourth quarter. Invesco Ltd. now owns 384,369 shares of the investment management company’s stock valued at $4,020,000 after purchasing an additional 20,525 shares during the period. Raymond James Financial Inc. purchased a new stake in shares of BlackRock Core Bond Trust during the fourth quarter valued at approximately $6,402,000. Finally, NBC Securities Inc. lifted its position in shares of BlackRock Core Bond Trust by 105,500.0% during the first quarter. NBC Securities Inc. now owns 5,280 shares of the investment management company’s stock worth $57,000 after purchasing an additional 5,275 shares in the last quarter.

BlackRock Core Bond Trust Trading Up 0.1%

NYSE:BHK opened at $9.73 on Thursday. BlackRock Core Bond Trust has a one year low of $9.49 and a one year high of $12.10. The business’s 50-day simple moving average is $10.08 and its 200 day simple moving average is $10.39.

BlackRock Core Bond Trust Announces Dividend

The business also recently disclosed a monthly dividend, which will be paid on Monday, June 30th. Shareholders of record on Friday, June 13th will be paid a dividend of $0.0746 per share. The ex-dividend date of this dividend is Friday, June 13th. This represents a $0.90 dividend on an annualized basis and a yield of 9.20%.

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.