ProVise Management Group LLC Sells 5,658 Shares of BlackRock Core Bond Trust (NYSE:BHK)

ProVise Management Group LLC trimmed its position in shares of BlackRock Core Bond Trust (NYSE:BHK) by 4.4% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 124,342 shares of the investment management company’s stock after selling 5,658 shares during the quarter. ProVise Management Group LLC’s holdings in BlackRock Core Bond Trust were worth $1,357,000 at the end of the most recent reporting period.

Other large investors also recently modified their holdings of the company. Private Advisor Group LLC boosted its position in shares of BlackRock Core Bond Trust by 0.7% during the fourth quarter. Private Advisor Group LLC now owns 167,786 shares of the investment management company’s stock valued at $1,831,000 after buying an additional 1,230 shares during the last quarter. Scotia Capital Inc. grew its stake in shares of BlackRock Core Bond Trust by 11.7% in the 3rd quarter. Scotia Capital Inc. now owns 16,572 shares of the investment management company’s stock worth $165,000 after acquiring an additional 1,737 shares in the last quarter. Atlantic Union Bankshares Corp grew its stake in shares of BlackRock Core Bond Trust by 20.5% in the 4th quarter. Atlantic Union Bankshares Corp now owns 13,521 shares of the investment management company’s stock worth $148,000 after acquiring an additional 2,300 shares in the last quarter. Ellis Investment Partners LLC raised its holdings in shares of BlackRock Core Bond Trust by 4.5% in the fourth quarter. Ellis Investment Partners LLC now owns 65,063 shares of the investment management company’s stock valued at $710,000 after purchasing an additional 2,791 shares during the last quarter. Finally, Capital Investment Advisors LLC lifted its position in shares of BlackRock Core Bond Trust by 0.6% during the fourth quarter. Capital Investment Advisors LLC now owns 778,169 shares of the investment management company’s stock valued at $8,490,000 after purchasing an additional 4,642 shares in the last quarter.

BlackRock Core Bond Trust Stock Performance

BHK stock remained flat at $10.56 during trading on Friday. 73,785 shares of the company’s stock were exchanged, compared to its average volume of 167,876. BlackRock Core Bond Trust has a twelve month low of $9.02 and a twelve month high of $11.00. The stock has a 50 day moving average price of $10.54 and a 200 day moving average price of $10.56.

BlackRock Core Bond Trust Announces Dividend

The firm also recently announced a monthly dividend, which will be paid on Friday, May 31st. Stockholders of record on Wednesday, May 15th will be paid a $0.075 dividend. The ex-dividend date of this dividend is Tuesday, May 14th. This represents a $0.90 dividend on an annualized basis and a dividend yield of 8.52%.

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.