SeaCrest Wealth Management LLC purchased a new stake in BlackRock Core Bond Trust (NYSE:BHK) in the 4th quarter, Holdings Channel reports. The institutional investor purchased 17,800 shares of the investment management company’s stock, valued at approximately $250,000.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in BHK. SG Americas Securities LLC boosted its stake in BlackRock Core Bond Trust by 330.3% in the 4th quarter. SG Americas Securities LLC now owns 30,974 shares of the investment management company’s stock valued at $435,000 after purchasing an additional 23,775 shares during the period. Selway Asset Management boosted its stake in BlackRock Core Bond Trust by 6.1% in the 4th quarter. Selway Asset Management now owns 180,300 shares of the investment management company’s stock valued at $2,531,000 after purchasing an additional 10,300 shares during the period. Finally, Capital Investment Advisors LLC boosted its stake in BlackRock Core Bond Trust by 3.0% in the 4th quarter. Capital Investment Advisors LLC now owns 329,568 shares of the investment management company’s stock valued at $4,627,000 after purchasing an additional 9,635 shares during the period.

Shares of BlackRock Core Bond Trust (NYSE:BHK) opened at $13.10 on Friday. BlackRock Core Bond Trust has a one year low of $12.91 and a one year high of $14.26.

The company also recently declared a monthly dividend, which will be paid on Wednesday, February 28th. Investors of record on Thursday, February 15th will be paid a $0.065 dividend. The ex-dividend date of this dividend is Wednesday, February 14th. This represents a $0.78 annualized dividend and a yield of 5.95%.

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About BlackRock Core Bond Trust

BlackRock Core Bond Trust is a diversified, closed-end management investment company. The Trust’s investment objective is to provide current income and capital appreciation. It invests at least 75% of its assets in bonds that are investment grade quality at the time of investment. Its investments will include a range of bonds, including corporate bonds, the United States 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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