Accel Wealth Management Grows Holdings in BlackRock Core Bond Trust (NYSE:BHK)

Accel Wealth Management lifted its stake in BlackRock Core Bond Trust (NYSE:BHK) by 36.3% during the 4th quarter, according to the company in its most recent filing with the SEC. The fund owned 84,814 shares of the investment management company’s stock after acquiring an additional 22,590 shares during the quarter. Accel Wealth Management’s holdings in BlackRock Core Bond Trust were worth $925,000 at the end of the most recent reporting period.

Other hedge funds have also recently made changes to their positions in the company. Raymond James & Associates raised its position in BlackRock Core Bond Trust by 8.4% in the fourth quarter. Raymond James & Associates now owns 1,022,092 shares of the investment management company’s stock valued at $11,151,000 after purchasing an additional 79,057 shares during the period. UBS Group AG raised its holdings in shares of BlackRock Core Bond Trust by 8.9% in the 3rd quarter. UBS Group AG now owns 995,765 shares of the investment management company’s stock valued at $9,898,000 after buying an additional 80,981 shares during the period. Capital Investment Advisors LLC lifted its stake in BlackRock Core Bond Trust by 0.6% during the 4th quarter. Capital Investment Advisors LLC now owns 778,169 shares of the investment management company’s stock worth $8,490,000 after acquiring an additional 4,642 shares in the last quarter. LPL Financial LLC boosted its holdings in BlackRock Core Bond Trust by 1.6% during the 3rd quarter. LPL Financial LLC now owns 756,228 shares of the investment management company’s stock valued at $7,517,000 after acquiring an additional 12,106 shares during the period. Finally, Invesco Ltd. boosted its holdings in BlackRock Core Bond Trust by 8.7% during the 1st quarter. Invesco Ltd. now owns 536,211 shares of the investment management company’s stock valued at $6,970,000 after acquiring an additional 42,922 shares during the period.

BlackRock Core Bond Trust Stock Up 0.4 %

NYSE:BHK traded up $0.04 on Wednesday, reaching $10.79. 189,217 shares of the company’s stock were exchanged, compared to its average volume of 187,347. BlackRock Core Bond Trust has a 52-week low of $9.02 and a 52-week high of $11.09. The business has a fifty day moving average of $10.65 and a 200-day moving average of $10.32.

BlackRock Core Bond Trust Dividend Announcement

The firm also recently declared a monthly dividend, which will be paid on Thursday, March 28th. Shareholders of record on Friday, March 15th will be given a $0.075 dividend. The ex-dividend date is Thursday, March 14th. This represents a $0.90 annualized dividend and a yield of 8.34%.

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.