Family Firm Inc. Sells 800 Shares of BlackRock Core Bond Trust (BHK)

Family Firm Inc. reduced its position in BlackRock Core Bond Trust (NYSE:BHK) by 0.4% in the 1st quarter, HoldingsChannel reports. The fund owned 185,880 shares of the investment management company’s stock after selling 800 shares during the period. BlackRock Core Bond Trust accounts for 0.9% of Family Firm Inc.’s portfolio, making the stock its 25th biggest position. Family Firm Inc.’s holdings in BlackRock Core Bond Trust were worth $2,500,000 as of its most recent SEC filing.

Several other hedge funds have also recently added to or reduced their stakes in BHK. 1607 Capital Partners LLC purchased a new position in BlackRock Core Bond Trust in the fourth quarter valued at about $11,019,000. Ellis Investment Partners LLC grew its stake in BlackRock Core Bond Trust by 1,487.7% in the first quarter. Ellis Investment Partners LLC now owns 305,155 shares of the investment management company’s stock valued at $305,000 after purchasing an additional 285,935 shares during the last quarter. RHS Financial LLC purchased a new position in BlackRock Core Bond Trust in the fourth quarter valued at about $3,425,000. Morgan Stanley grew its stake in BlackRock Core Bond Trust by 18.5% in the third quarter. Morgan Stanley now owns 1,709,460 shares of the investment management company’s stock valued at $21,847,000 after purchasing an additional 266,463 shares during the last quarter. Finally, Ibex Wealth Advisors purchased a new stake in shares of BlackRock Core Bond Trust during the first quarter worth about $2,677,000.

Shares of BHK stock traded up $0.02 during trading hours on Wednesday, reaching $13.49. 12,317 shares of the company’s stock were exchanged, compared to its average volume of 125,835. BlackRock Core Bond Trust has a 1 year low of $12.08 and a 1 year high of $13.54.



The firm also recently declared a monthly dividend, which will be paid on Friday, May 31st. Stockholders of record on Wednesday, May 15th will be paid a dividend of $0.065 per share. The ex-dividend date of this dividend is Tuesday, May 14th. This represents a $0.78 dividend on an annualized basis and a dividend yield of 5.78%.

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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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Want to see what other hedge funds are holding BHK? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for BlackRock Core Bond Trust (NYSE:BHK).

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

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