Rareview Capital LLC Makes New Investment in BlackRock Core Bond Trust $BHK

Rareview Capital LLC bought a new position in shares of BlackRock Core Bond Trust (NYSE:BHK) in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund bought 55,308 shares of the investment management company’s stock, valued at approximately $538,000.

A number of other institutional investors have also recently bought and sold shares of the business. PNC Financial Services Group Inc. bought a new position in shares of BlackRock Core Bond Trust during the first quarter worth $27,000. US Bancorp DE bought a new position in shares of BlackRock Core Bond Trust during the first quarter worth $54,000. International Assets Investment Management LLC boosted its position in shares of BlackRock Core Bond Trust by 12.3% during the second quarter. International Assets Investment Management LLC now owns 17,317 shares of the investment management company’s stock worth $168,000 after purchasing an additional 1,900 shares in the last quarter. Intellus Advisors LLC boosted its position in shares of BlackRock Core Bond Trust by 7.3% during the first quarter. Intellus Advisors LLC now owns 18,002 shares of the investment management company’s stock worth $195,000 after purchasing an additional 1,230 shares in the last quarter. Finally, Envestnet Asset Management Inc. bought a new position in shares of BlackRock Core Bond Trust during the second quarter worth $188,000.

BlackRock Core Bond Trust Stock Down 0.9%

BHK opened at $9.71 on Tuesday. BlackRock Core Bond Trust has a 12 month low of $9.41 and a 12 month high of $11.67. The firm’s fifty day simple moving average is $9.85 and its 200 day simple moving average is $9.86.

BlackRock Core Bond Trust Announces Dividend

The firm also recently disclosed a monthly dividend, which will be paid on Friday, November 28th. Stockholders of record on Friday, November 14th will be given a $0.0746 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 9.2%. The ex-dividend date of this dividend is Friday, November 14th.

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.