BlackRock Core Bond Trust (BHK) Position Reduced by Wedbush Securities Inc.

Wedbush Securities Inc. lessened its position in BlackRock Core Bond Trust (NYSE:BHK) by 32.8% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 10,981 shares of the investment management company’s stock after selling 5,364 shares during the quarter. Wedbush Securities Inc.’s holdings in BlackRock Core Bond Trust were worth $134,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently made changes to their positions in BHK. Wells Fargo & Company MN increased its holdings in shares of BlackRock Core Bond Trust by 5.5% during the 3rd quarter. Wells Fargo & Company MN now owns 5,214,560 shares of the investment management company’s stock worth $66,643,000 after purchasing an additional 269,904 shares during the period. Morgan Stanley increased its holdings in shares of BlackRock Core Bond Trust by 18.5% during the 3rd quarter. Morgan Stanley now owns 1,709,460 shares of the investment management company’s stock worth $21,847,000 after purchasing an additional 266,463 shares during the period. CWM LLC bought a new position in shares of BlackRock Core Bond Trust during the 4th quarter worth about $1,147,000. Dakota Wealth Management bought a new position in shares of BlackRock Core Bond Trust during the 3rd quarter worth about $430,000. Finally, Cornerstone Wealth Management LLC bought a new position in shares of BlackRock Core Bond Trust during the 3rd quarter worth about $2,050,000.

Shares of NYSE:BHK traded down $0.02 on Monday, hitting $13.00. 16,371 shares of the company were exchanged, compared to its average volume of 157,619. BlackRock Core Bond Trust has a one year low of $12.08 and a one year high of $13.24.

The business also recently announced a monthly dividend, which will be paid on Thursday, February 28th. Investors of record on Friday, February 15th will be paid a $0.065 dividend. This represents a $0.78 dividend on an annualized basis and a yield of 6.00%. The ex-dividend date is Thursday, February 14th.

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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.

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Institutional Ownership by Quarter for BlackRock Core Bond Trust (NYSE:BHK)

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