Cetera Investment Advisers Invests $515,000 in BlackRock Core Bond Trust (NYSE:BHK)

Cetera Investment Advisers bought a new position in BlackRock Core Bond Trust (NYSE:BHK) during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor bought 47,442 shares of the investment management company’s stock, valued at approximately $515,000.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Citadel Advisors LLC bought a new position in shares of BlackRock Core Bond Trust in the fourth quarter worth approximately $128,000. Invesco Ltd. lifted its stake in shares of BlackRock Core Bond Trust by 5.6% in the fourth 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. NBC Securities Inc. lifted its stake in shares of BlackRock Core Bond Trust by 105,500.0% in the first quarter. NBC Securities Inc. now owns 5,280 shares of the investment management company’s stock worth $57,000 after buying an additional 5,275 shares in the last quarter. Farther Finance Advisors LLC bought a new position in shares of BlackRock Core Bond Trust in the first quarter worth approximately $27,000. Finally, Wells Fargo & Company MN lifted its stake in shares of BlackRock Core Bond Trust by 2.2% in the fourth quarter. Wells Fargo & Company MN now owns 395,814 shares of the investment management company’s stock worth $4,140,000 after buying an additional 8,437 shares in the last quarter.

BlackRock Core Bond Trust Stock Performance

Shares of BlackRock Core Bond Trust stock opened at $9.57 on Friday. BlackRock Core Bond Trust has a twelve month low of $9.41 and a twelve month high of $12.10. The company’s 50 day moving average is $9.63 and its 200 day moving average is $10.15.

BlackRock Core Bond Trust Dividend Announcement

The company also recently disclosed a monthly dividend, which will be paid on Friday, August 29th. Stockholders of record on Friday, August 15th will be given a $0.0746 dividend. The ex-dividend date of this dividend is Friday, August 15th. This represents a c) dividend on an annualized basis and a dividend yield of 9.4%.

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.