Selway Asset Management Raises Position in BlackRock Core Bond Trust (NYSE:BHK)

Selway Asset Management boosted its position in shares of BlackRock Core Bond Trust (NYSE:BHK) by 1.5% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 105,915 shares of the investment management company’s stock after buying an additional 1,600 shares during the period. Selway Asset Management’s holdings in BlackRock Core Bond Trust were worth $1,108,000 at the end of the most recent quarter.

A number of other hedge funds have also made changes to their positions in the company. Huntington National Bank purchased a new stake in shares of BlackRock Core Bond Trust during the fourth quarter worth approximately $63,000. Corient Private Wealth LLC purchased a new stake in shares of BlackRock Core Bond Trust during the fourth quarter worth $108,000. Steward Partners Investment Advisory LLC raised its position in shares of BlackRock Core Bond Trust by 34.8% in the fourth quarter. Steward Partners Investment Advisory LLC now owns 10,611 shares of the investment management company’s stock valued at $111,000 after buying an additional 2,739 shares during the last quarter. HighTower Advisors LLC purchased a new position in shares of BlackRock Core Bond Trust in the third quarter worth about $134,000. Finally, Morse Asset Management Inc acquired a new position in BlackRock Core Bond Trust during the third quarter worth about $161,000.

BlackRock Core Bond Trust Trading Up 0.4 %

BHK stock opened at $10.94 on Thursday. The firm has a 50-day moving average of $10.62 and a two-hundred day moving average of $10.99. BlackRock Core Bond Trust has a 12 month low of $10.09 and a 12 month high of $12.10.

BlackRock Core Bond Trust Dividend Announcement

The business also recently disclosed a monthly dividend, which was paid on Monday, March 31st. Investors of record on Friday, March 14th were given a dividend of $0.0746 per share. The ex-dividend date was Friday, March 14th. This represents a $0.90 dividend on an annualized basis and a yield of 8.18%.

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.