Comerica Bank Has $833,000 Stock Holdings in BlackRock Core Bond Trust (NYSE:BHK)

Comerica Bank raised its holdings in shares of BlackRock Core Bond Trust (NYSE:BHK) by 8.1% in the 4th quarter, according to its most recent 13F filing with the SEC. The fund owned 79,611 shares of the investment management company’s stock after acquiring an additional 5,964 shares during the period. Comerica Bank’s holdings in BlackRock Core Bond Trust were worth $833,000 at the end of the most recent reporting period.

A number of other large investors also recently made changes to their positions in the stock. Commonwealth Equity Services LLC increased its holdings in BlackRock Core Bond Trust by 11.4% in the fourth quarter. Commonwealth Equity Services LLC now owns 136,485 shares of the investment management company’s stock valued at $1,428,000 after purchasing an additional 13,992 shares during the last quarter. Raymond James Financial Inc. acquired a new position in shares of BlackRock Core Bond Trust during the 4th quarter worth about $6,402,000. Invesco Ltd. increased its stake in shares of BlackRock Core Bond Trust by 5.6% in the 4th quarter. Invesco Ltd. now owns 384,369 shares of the investment management company’s stock valued at $4,020,000 after acquiring an additional 20,525 shares during the last quarter. LPL Financial LLC raised its position in shares of BlackRock Core Bond Trust by 0.3% in the 4th quarter. LPL Financial LLC now owns 1,222,614 shares of the investment management company’s stock valued at $12,789,000 after acquiring an additional 3,097 shares during the period. Finally, Steward Partners Investment Advisory LLC raised its position in shares of BlackRock Core Bond Trust by 34.8% in the 4th quarter. Steward Partners Investment Advisory LLC now owns 10,611 shares of the investment management company’s stock valued at $111,000 after acquiring an additional 2,739 shares during the period.

BlackRock Core Bond Trust Stock Performance

Shares of NYSE BHK opened at $10.45 on Wednesday. BlackRock Core Bond Trust has a 52-week low of $9.79 and a 52-week high of $12.10. The firm has a 50 day moving average price of $10.47 and a 200 day moving average price of $10.68.

BlackRock Core Bond Trust Dividend Announcement

The company also recently declared a monthly dividend, which will be paid on Friday, May 30th. Stockholders of record on Thursday, May 15th will be given a dividend of $0.0746 per share. The ex-dividend date of this dividend is Thursday, May 15th. This represents a $0.90 dividend on an annualized basis and a dividend yield of 8.57%.

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.