Ellis Investment Partners LLC Has $886,000 Position in BlackRock Core Bond Trust (NYSE:BHK)

Ellis Investment Partners LLC lifted its position in BlackRock Core Bond Trust (NYSE:BHK) by 3.5% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 73,588 shares of the investment management company’s stock after acquiring an additional 2,491 shares during the period. Ellis Investment Partners LLC’s holdings in BlackRock Core Bond Trust were worth $886,000 at the end of the most recent quarter.

A number of other hedge funds have also modified their holdings of BHK. Dynamic Advisor Solutions LLC grew its holdings in BlackRock Core Bond Trust by 4.7% during the second quarter. Dynamic Advisor Solutions LLC now owns 271,288 shares of the investment management company’s stock valued at $2,889,000 after purchasing an additional 12,212 shares during the period. Private Advisor Group LLC grew its holdings in shares of BlackRock Core Bond Trust by 23.0% in the 3rd quarter. Private Advisor Group LLC now owns 237,370 shares of the investment management company’s stock valued at $2,858,000 after buying an additional 44,366 shares during the period. International Assets Investment Management LLC grew its holdings in shares of BlackRock Core Bond Trust by 1,104.0% in the 3rd quarter. International Assets Investment Management LLC now owns 231,024 shares of the investment management company’s stock valued at $27,820,000 after buying an additional 211,836 shares during the period. Family Firm Inc. increased its position in shares of BlackRock Core Bond Trust by 0.6% in the 2nd quarter. Family Firm Inc. now owns 227,525 shares of the investment management company’s stock valued at $2,423,000 after buying an additional 1,341 shares in the last quarter. Finally, B. Riley Wealth Advisors Inc. raised its stake in BlackRock Core Bond Trust by 77.8% during the 1st quarter. B. Riley Wealth Advisors Inc. now owns 136,470 shares of the investment management company’s stock worth $1,357,000 after buying an additional 59,706 shares during the period.

BlackRock Core Bond Trust Stock Up 0.7 %

NYSE:BHK traded up $0.08 on Friday, reaching $11.51. The company’s stock had a trading volume of 90,417 shares, compared to its average volume of 156,903. BlackRock Core Bond Trust has a 1-year low of $9.02 and a 1-year high of $12.10. The business’s 50-day moving average price is $11.73 and its two-hundred day moving average price is $11.06.

BlackRock Core Bond Trust Dividend Announcement

The firm also recently disclosed a monthly dividend, which will be paid on Thursday, October 31st. Investors of record on Tuesday, October 15th will be given a $0.0746 dividend. The ex-dividend date of this dividend is Tuesday, October 15th. This represents a $0.90 annualized dividend and a dividend yield of 7.78%.

BlackRock Core Bond Trust 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.